The average single family home in Perry Twp. While southern suburbs increased the most in total value growth, rural areas saw massive increases in average home values. The county’s northern suburbs experienced the next greatest share of total growth with 23%, followed by the county’s urban core with 20% and rural west with 6%. Montgomery County’s southern suburbs accounted for more than half of the county’s growth in property value, according to Keith. Dayton will see an $851 million value increase, according to the auditor’s office. will experience a $1 billion increase in residential value, while Kettering will see gains of $987 million. Most of the growth in the county has been in the southern suburbs, including areas such as Kettering, Washington Twp., Miami Twp. ![]() With this revaluation, the average value of a single family home in Montgomery County has jumped from $126,200 to $169,300, according to the auditor’s office. ![]() ![]() In total, 89% of residential neighborhoods, representing nearly 96% of homes in the county, will increase in value.Īlthough the county witnessed a decline in the number of houses selling from 2021 to 2022, 83% of houses last year were selling for a price higher than the home’s current value. The county auditor’s office analyzed these home sales for the county’s 1,100 residential neighborhoods. The state recommended a residential value increase of 37% for Montgomery County, which the county auditor’s office used as a guideline as it estimated taxable values based on sales from 2022. By Ohio law, property in all counties is reappraised every six years, with property values updated every third year based on recent sales.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |