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Grand Canyon Times

Wednesday, November 6, 2024

Tonopah (unincorporated) home prices rise in the fourth quarter of 2017

Realestate3

The median sale price of a home sold in the fourth quarter of 2017 in Tonopah (unincorporated) rose by $25,000 while total sales decreased by 25%, according to BlockShopper.com.

From October through December of 2017, there were 12 homes sold, with a median sale price of $153,750 - a 19.4% increase over the $128,750 median sale price for the same period of the previous year. There were 16 homes sold in Tonopah (unincorporated) in the fourth quarter of 2016.

The median sales tax in Tonopah (unincorporated) for 2017 was $254. In 2016, the median sales tax was $231. This marks an increase of 10%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.2%.

The following table compares Tonopah (unincorporated) to other Maricopa County cities with similar median sales prices in the fourth quarter of 2017:

CityOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
El Mirage21217620.5%$180,000$164,9009.2%
Mesa (unincorporated) 20917122.2%$180,000$162,00011.1%
Sun City (unincorporated) 647662-2.3%$165,000$145,00013.8%
Uninc-85207/Apache Junction40-$165,000$0-
Tolleson68-25%$164,250$148,00011%
Uninc-85249/Chandler South Central27-71.4%$162,500$549,000-70.4%
Youngtown3137-16.2%$156,000$133,00017.3%
Tonopah (unincorporated) 1216-25%$153,750$128,75019.4%
Morristown (unincorporated)37-57.1%$117,000$163,000-28.2%
Guadalupe48-50%$111,000$46,500138.7%
Gila Bend8560%$55,750$35,00059.3%

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