Property values: Huber Heights sees property value gain

Huber Heights had the seventh highest Montgomery County property value in 2017, according to new valuations from the county auditor’s office.

RELATED: Land values increase in other south suburbs

Huber Heights had a property gain of nearly $70 million. Residential market value increased 5.44 percent, though commercial and industrial market value dipped slightly by 0.23 percent.

City Manager Rob Schommer said he was encouraged by the increased value of property in his community.

“A lot of hard work has been put in from our entire community to strengthen and grow the local economy,” Schommer said. “Proof is in the results, showing Huber Heights has the highest increase among the northern Montgomery County communities, and in the top 25 percent of all communities in overall increase of market value change.”

“That does not even include the millions of dollars in increased values our community has seen in the growth within Miami County,” he said.

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