Homeowners across Summit County are getting letters notifying them about their new property values, but some communities are facing much higher increases than others.
The Summit County Fiscal Office is required by the state to conduct a full reappraisal of all properties once every six years.
The reappraisal involves a study and analysis of sales and market trends, according to the fiscal office.
Where are Summit County property owners facing the highest increase in property values?
Scenic properties in the heart of the Cuyahoga Valley National Park are apparently in high demand.
Property values are increasing the most in Peninsula, the gateway to the CVNP, where the average property value jumped 33%, according to the Summit County Fiscal Office.
Boston Heights had the second-highest average increase at 28%, followed by 27% in Barberton.
Which Summit County communities have the lowest average increase in property values?
Fairlawn had the lowest average increase of 11%, according to the county.
These northern Summit County communities tied for the second-lowest increases with 12%: Twinsburg, Twinsburg Township and Northfield Village.
How much are average property values increasing in Summit County communities?
Here is the average property value increase in each Summit County community, according to the Summit County Fiscal Office:
This article originally appeared on Akron Beacon Journal: Property values are soaring in these 3 Summit County communities
Reporting by Akron Beacon Journal / Akron Beacon Journal
USA TODAY Network via Reuters Connect
By Akron Beacon Journal | USA TODAY Network
