Maricopa, Arizona, is a city situated in Pinal County, known for its rapid growth and historical significance. It was incorporated as Arizona's 88th municipality in October 2003 and has since emerged as one of the fastest-growing communities in the state. Originally an oasis called Maricopa Wells due to its water-rich location where several rivers converge, Maricopa has had multiple historical iterations, moving from Maricopaville to its current location to serve as a railroad junction in the late 19th century. The city's economy initially revolved around agriculture, with cotton being a primary crop in the mid-20th century, but has since diversified into agritech, research, and automotive industries. Maricopa is home to notable attractions like the Southern Dunes Golf Club and the Copper Sky Recreation Complex, which hosts numerous community events. Its strategic location between Phoenix and Tucson, coupled with amenities like the Harrah's Ak-Chin Casino, contributes to its appeal as both a residential and tourist destination.
Maricopa currently has 870 single family homes for sale with an average list price of $385,008.83, 2 townhouses for sale with an average list price of $332,450, and 174 lots for sale with an average list price of $263,144.63. The average annual property tax for Maricopa is $1,578.68.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Maricopa, i.e. what's hot and what's not.
See What's Hot & What's Not in MaricopaMaricopa home sales for the month of August decreased in volume by 10.1% when compared to last year, while the median sale price decreased by 2.8% from $354,999.50 to $344,990. House sales decreased by 11.5%, while the median sale price decreased by 2% from $354,999.50 to $347,990. Townhouse sales stayed the same, while the median sale price stayed the same.
2054
|
1761
|
1637
|
1798
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$340,000
|
$395,000
|
$353,390
|
$359,900
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |
HomesByMarco agents are experts in the area. If you're looking to buy or sell a home, give us a call today at 888-326-2726.