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Montgomery County Auditor: Residential Properties See Gains In Value

Miami Valley Fair Housing investigated more than 70 Fannie Mae properties from 2010, 2012, and 2014.
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Recent numbers show Montgomery County home values are continuing to recover after the Great Recession.

Montgomery County Auditor Karl Keith says, while commercial property values remained stable with a less than 1 percent increase, residential values are up about 6 percent. 

He says the increase in home values is good news for the housing market.

“To talk about a four-and-a-half-percent increase, yes, this is definitely good news. It reflects on the community as a whole as far as value, the overall economy of the community," Keith says. 

"It’s a very positive sign. We like to say it puts us back on track.” 

Keith says the four-and-a-half percent bump represents a more than $1 billion increase in property values throughout the county, although the auditor says that’s only about a third of the value lost in the last two cycles combined.

The auditor’s office is required to reevaluate property values every three years.

Keith says property owners should expect to receive notices about property valuation changes soon.

Jerry began volunteering at WYSO in 1991 and hosting Sunday night's Alpha Rhythms in 1992. He joined the YSO staff in 2007 as Morning Edition Host, then All Things Considered. He's hosted Sunday morning's WYSO Weekend since 2008 and produced several radio dramas and specials . In 2009 Jerry received the Best Feature award from Public Radio News Directors Inc., and was named the 2023 winner of the Ohio Associated Press Media Editors Best Anchor/News Host award. His current, heart-felt projects include the occasional series Bulletin Board Diaries, which focuses on local, old-school advertisers and small business owners. He has also returned as the co-host Alpha Rhythms.
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