Johnson County releases 2024 market study analysis
Johnson County has released its Market Study Analysis for the Assessment Year 2024, examining the real estate market in the county – including both the residential and commercial markets. The analysis is completed by the county’s Appraiser’s Office, using data from its annual valuation process. During the process, the office reviewed the sale of more than 19,000 residential properties, completing a sales comparison analysis to developed market values. The study found that nearly 90% of residential properties increased in value for 2024. The median single-family residential sale price rose 7-8% from 2022 to 2023, leading to an average increase in residential [...]