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Thursday, November 7, 2024

Queen Creek home prices rise in 2017

Re 8

The median sale price of a home sold in 2017 in Queen Creek rose by $17,649 while total sales decreased by 0.1%, according to BlockShopper.com.

From January through December of 2017, there were 1,097 homes sold, with a median sale price of $316,657 - a 5.9% increase over the $299,009 median sale price for the previous year. There were 1,098 homes sold in Queen Creek in 2016.

The median sales tax in Queen Creek for 2017 was $2,324. In 2016, the median sales tax was $2,214. This marks an increase of 5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.7%.

The following table compares Queen Creek to other Maricopa County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Fountain Hills9228943.1%$345,000$315,0009.5%
Queen Creek (unincorporated) 585113.7%$342,500$339,0001%
Laveen (unincorporated) 3545-22.2%$325,000$271,00019.9%
New River (unincorporated) 84840%$324,000$315,0002.9%
Phoenix (unincorporated) 1,0209705.2%$317,000$291,0008.9%
Queen Creek1,0971,098-0.1%$316,657$299,008.505.9%
Uninc-85351/Sun City-Youngtown978612.8%$303,506$241,92225.5%
Wickenburg (unincorporated) 322910.3%$300,000$233,75028.3%
Gilbert5,4505,742-5.1%$290,000$270,0007.4%
Uninc-85387/Surprise North17165163.1%$284,620$279,9901.7%
Chandler5,1575,350-3.6%$282,000$263,0007.2%

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