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Franklin County auditor presents 2023–2026 property value update; Canal Winchester rises about 7–8%
Summary
Franklin County presented its triennial property value update, reporting a roughly 10% countywide increase and an estimated 7–8% rise for Canal Winchester; the Auditor’s office described review, mediation and appeal options and announced postcards and online tools for homeowners.
Steve Jarrell, Deputy Chief of Staff – Real Estate for the Franklin County Auditor, told Canal Winchester City Council on June 15 that the countywide median property value rose about 10% for the 2023–2026 update while Canal Winchester’s increase was closer to 7%–8%.
Jarrell explained the update is a mathematical review of comparable sales rather than a full reappraisal. "One of the key things we focus on is reviewing sales and creating formulas—it's more of a mathematical process," he said, adding that the office excludes non–arm’s-length transactions and sales that look atypical.
The Auditor’s office will mail postcards to property owners in the coming days and has posted updated values on the Know Your Home Value website. Jarrell described a multi-step review and appeal process: residents can request a review, bring appraisals or photos, participate in pre-mediation and, if necessary, file an appeal with the Board of Revision by March 31.
Jarrell also noted administrative changes: the Department of Taxation moved the next full reappraisal from 2029 to 2030, creating a four-year cycle rather than three. He said some property types behaved differently—commercial values rose about 2.5% while warehouses saw the biggest increases tied to data-center and logistics activity.
On levies and tax impacts, Jarrell cautioned that rising assessed values do not automatically raise taxes. "If everyone's values increase by about the same percentage, taxes are not going up," he said, and pointed to an online tax-distribution tool that breaks down where each tax dollar goes. He encouraged residents to review their online data and contact the Auditor’s office or scheduled review sites if they believe their valuation is incorrect.
Council members asked whether in-person review locations might be added closer to Canal Winchester; Jarrell said he would raise the request and provided his direct contact information for residents seeking help.
The Auditor’s presentation covered the review schedule, mediation program, and appeal rights; no formal Council action was taken on valuation matters at the meeting.
