From January through December of 2017, there were 93 homes sold, with a median sale price of $405,000 - a 1.7% decrease over the $412,000 median sale price for the previous year. There were 85 homes sold in Rio Verde (unincorporated) in 2016.
The median sales tax in Rio Verde (unincorporated) for 2017 was $3,072. In 2016, the median sales tax was $2,985. This marks an increase of 2.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.8%.
The following table compares Rio Verde (unincorporated) to other Maricopa County cities with similar median sales prices in 2017:
City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Cave Creek | 99 | 100 | -1% | $540,000 | $452,500 | 19.3% |
Scottsdale (unincorporated) | 87 | 65 | 33.8% | $538,100 | $535,000 | 0.6% |
Cave Creek (unincorporated) | 101 | 95 | 6.3% | $517,000 | $465,000 | 11.2% |
Peoria (unincorporated) | 56 | 57 | -1.8% | $474,950 | $387,000 | 22.7% |
Gilbert (unincorporated) | 5 | 6 | -16.7% | $450,000 | $440,000 | 2.3% |
Rio Verde (unincorporated) | 93 | 85 | 9.4% | $405,000 | $412,000 | -1.7% |
Scottsdale | 7,157 | 6,643 | 7.7% | $400,000 | $380,000 | 5.3% |
Litchfield Park | 142 | 185 | -23.2% | $397,000 | $350,092 | 13.4% |
Uninc-85262/Tonto National Forest | 45 | 42 | 7.1% | $392,261 | $438,539 | -10.6% |
Goodyear (unincorporated) | 6 | 10 | -40% | $363,500 | $301,250 | 20.7% |
Fountain Hills | 922 | 894 | 3.1% | $345,000 | $315,000 | 9.5% |