Olathe, KS - Most homes in Johnson County have risen in value, according to the just-released re-evaluation report by the Johnson County Appraiser's Office.
According to the Appraiser's Office, 93 percent of residential homes increased in value, with 76 percent increasing by 10 percent in value or less.
The average increase is between 5-8 percent.
“Although we’re still seeing strong values in the northeast, we are not seeing the frenzied pace that we experienced last year,” said Paul Welcome, Johnson County Appraiser. “The market has cooled, but we are still very much in a seller’s market.”
Areas that experienced the highest increases include:
Parts of Prairie Village
Mission Woods
Fairway
Westwood
Westwood Hills
Original town of Shawnee
Parts of Leawood (bordered by 79th on north, I-435 on south, State Line Road, on east and Nall Avenue on west)
Leawood (south of I-435, excluding certain areas)
Original town of Olathe, between Highway 7 and I-35