(The Center Square) — Overall median real estate prices rose in Maricopa County, especially the value of manufactured homes.

A series of property owners in the county were mailed their value notices for the 2024 tax year at the end of February. These valuations help determine the taxable limited property value.

“Our team evaluates every lot and property based on our core values ​​of fairness, equity, transparency and efficiency,” said Maricopa County Assessor Eddie Cook. said in a statement. “We serve the fourth-largest and often fastest-growing county in the nation, and our priority every day is to provide best-in-class service. is particularly evident in my office’s commitment to innovating and adopting new technologies.”

The value of manufactured homes rose 28.5% compared to the 2023 tax year, according to the statement. Manufactured homes are typically seen as an affordable alternative to traditional single-family homes, especially for seniors and low-income individuals.

As for single-family homes, their values ​​have risen overall over the past 11 years, including 2024, but slowed down between the 2023 and 2024 valuations, appraisers said.

If someone believes their property was incorrectly valued, the office has until April 25 to file an appeal with the county.More than 1.6 million notices have been sent, with the office nearly 26,000 more than last year. said.

Given the area’s recent population growth, the increase in property values ​​within the county is not surprising. If you’re looking to buy a home in Maricopa County, the median sale price as of January is $437,431. according to to Redfin. Sales prices are down 4.2% year-on-year, and home buyers are down nearly 40% year-on-year, RedFin added.