Significant Number of Ohio Counties Finalizing Tax Valuation Changes for Tax Year 2023

The State of Ohio requires counties to reappraise real property tax values every six years.  In the interim, the counties are required to update values in the middle of that cycle.  This cycle is not evenly distributed amongst Ohio’s 88 counties.  For tax year 2023, 28 of Ohio’s counties were required to conduct a full reappraisal and another 13 counties performed an update of values.  The tax year 2023 values have an assessment date of January 1, 2023 and serve as the basis for property tax bills paid in 2024.

It can be difficult for the counties to fully understand specific challenges facing a particular property or property type.  While the counties may generally understand market trends, often times the mass appraisal process overlooks key factors in valuing a market segment or a single property.  It is essential that property owners be proactive and review any change in value and determine how the potential changes affect property tax expenses.

At this stage of the valuation process, there may be opportunities to intervene informally with the assessor before the valuation is finalized.  Now is the time to review your tax assessments to make sure that each property is valued appropriately and that you are paying your fair share, and only your fair share, of the property tax burden.

The below list details those counties required to reappraise or update tax values as of January 1, 2023.  Based upon conversations with county auditor offices, we have also summarized when proposed 2023 values are expected to be released.  This timing is always subject to change and should be discussed with your Vorys attorney if you are concerned with the valuation changes in any of these counties.

Reappraisal Counties

Updated as of 10/31/23

update counties

Updated as of 10/31/23

Vorys has significant experience in analyzing real property tax assessments and securing real property tax savings for property owners across Ohio and the nation.  To discuss an analysis of the opinions of value assigned by your county auditor, please contact us for a complimentary review.