Johnson County has released its Market Study Analysis for the Assessment Year 2023, examining the real estate market in the county – including both the residential and commercial markets. … The study found that nearly 90% of residential properties increased in value for 2023. The median single-family residential sale price rose 13.8% from 2021 to 2022, leading to an average increase in residential values of 12%. Commercial real estate also remained steady, specifically within the office and retail sectors. Overall, commercial values also increased at a rate of 12%.
Source: Johnson County Kansas |