County Appraiser's Office
Be Informed: If you’re thinking about buying a property or making improvement to a property, such as remodeling or new construction, and would like an estimate of value, give the Appraiser’s office a call. We’re always available to help explain and/or estimate potential changes in value.
2023 Miami County Real Estate Market Analysis Pursuant to K.S.A. 79-1460a
This market analysis is intended to satisfy the requirements of K.S.A. 79-1460a. It is not intended to be a complete narrative of market trends for individual properties in Miami County, nor is it intended to describe the market trends for individual market areas within Miami County. Neither is this an appraisal or market analysis that purports to comply with the uniform standards of professional appraisal practice. Rather, it is intended to give a broad countywide overview of real property market trends.
A countywide study of the residential real estate market using data from the past three years indicated an average annual increase of 13.46%. In general values have accelerated more recently due to inadequate supply, increases in labor costs and increases in materials costs. Recently increasing mortgage rates have caused the market to slow but values continue to increase.
A countywide study of the commercial real estate market using data from the past ten years indicated an average annual increase of 5.00%. Values have increased at a faster rate over the past few years.
A countywide study of the real estate market for vacant land using data from the past ten years indicated an average annual increase of 10.78%. Recent years have seen greater demand for vacant land throughout the County.
The information listed above represents countywide averages and is not intended to be a direct indicator of any particular property’s value. Individual property values may change by more or less than the indicated trends due to differences in location, property characteristics, available market data, data comparability, market participant’s preferences and more recent market data.