Johnson County releases 2023 market study analysis, sees residential and commercial growth
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 |