Results of the Market Study Analysis for Atchison County
For the Appraisal Year 2022
January 1, 2022
Pursuant to K.S.A. 1995 supp. 79-1460a
2022 Real Estate Change of Value Notices to be mailed the first of March
This market analysis is intended to satisfy the requirements of K.S.A. 79-1460a. This analysis is a broad overview of real property market trends.
A study of the residential real estate market indicated that there is an overall average inflationary increase of approximately 12% countywide.
A study of the commercial real estate market indicated that there is an overall average inflationary increase of approximately 1% to 6%.
A study of the real estate market for vacant lots within the various neighborhoods throughout the county indicated that the market is stable with a slight upward trend of 4%.
Values on specific properties may not follow the general trend because of changes (such as new construction), corrections to the data, or adjustment of values based on sales of similar properties.
Agricultural land values have increased over the last several years. The average increase for land devoted to agricultural use in Atchison County for 2022 is 3%. Some areas of dry crop within certain soil types have increased as much as 14%. Agricultural use values are set by the Kansas Department of Revenue Division of Property Valuation, not by the county appraiser.