KANSAS CITY, Mo. — The trend of increasing property values in Johnson County, Kansas, continued into 2021, even as the COVID-19 pandemic waged on.
The average single-family home in the county increased in value by roughly 4.5% year over year.
The county started to mail the notices to more than 200,000 property owners on Monday.
Officials at the Johnson County Appraisers office said in a release that 70% of property owners saw an increase in value. Nearly 18% of property owners saw a decrease in value, while 12.5% of properties had no change in value.
One factor leading to the increase in property values stemmed from at least a 10-year high in the number of residential property sales, which increased from 14,962 in 2019 to 18,172 in 2020.
New home growth also increased, though by just 1.1%.
With the latest data, the average cost of a home in the county is nearly $382,000, while the average cost of a new single-family home in the county now goes for $558,000.
More information about property tax appraisals is available on the appraiser’s website.