Market Study

Results of the Market Study Analysis for Atchison County

For the Appraisal Year 2023

January 1, 2023

Pursuant to K.S.A. 1995 supp. 79-1460a

2023 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 estimated overall average inflationary increase of approximately 12% countywide.

A study of the commercial real estate market indicated that there is a general upward inflationary trend.

A study of the real estate market for vacant lots within the various neighborhoods throughout the county indicated that the market is stable to increasing for certain market areas.

Values on specific properties may not follow the general trend because of changes (such as new construction), corrections to the data, or adjustment and equalization of values based on sales of similar properties. 

Agricultural use values are set by the Kansas Department of Revenue Division of Property Valuation, not by the county appraiser.  Agricultural use values are calculations based on an eight-year moving average. Dry crop land and irrigated crop land decreased with median percentage change of -4%.   Tame grass land values increased with median percentage change of 9% and native grass land values increased with median percentage change of 2%.