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Thursday, November 7, 2024

Gila Bend home prices rise in the second half of 2017

Realestate2

The median sale price of a home sold in the second half of 2017 in Gila Bend rose by $22,850 while total sales increased by 16.7%, according to BlockShopper.com.

From July through December of 2017, there were 14 homes sold, with a median sale price of $57,850 - a 65.3% increase over the $35,000 median sale price for the same period of the previous year. There were 12 homes sold in Gila Bend in the second half of 2016.

The median sales tax in Gila Bend for 2017 was $171. In 2016, the median sales tax was $134. This marks an increase of 27.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.3%.

The following table compares Gila Bend to other Maricopa County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Mesa (unincorporated) 3793488.9%$178,000$160,00011.3%
Tolleson1929-34.5%$169,500$159,4006.3%
Sun City (unincorporated) 1,2891,2503.1%$165,000$143,95014.6%
Uninc-85249/Chandler South Central29-77.8%$162,500$225,100-27.8%
Tonopah (unincorporated) 1327-51.9%$150,000$120,00025%
Youngtown6579-17.7%$149,000$124,00020.2%
Uninc-85207/Apache Junction133333.3%$129,990$88,00047.7%
Guadalupe990%$125,000$53,000135.8%
Morristown (unincorporated)511-54.5%$117,000$163,000-28.2%
Arlington (unincorporated)440%$74,700$152,450-51%
Gila Bend141216.7%$57,850$35,00065.3%

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