Garden City, UT has some of the highest median values in the United States with a median value of $598,600. This is significantly higher than the national median value of $338,100. In addition to its high housing prices, Garden City has also seen an 8.44% increase in house appreciation over the past year; higher than the US’s 8.27%. This suggests that homes in Garden City have increased in both value and demand over the last year and should continue to do so moving forward.
The median home cost in Garden City is $598,600. Home appreciation the last 10 years has been 157.2%. Home Appreciation in Garden City is up 16.3%.
Average Age of Homes
- The median age of Garden City real estate is 23 years old
The Rental Market in Garden City
- Renters make up 5.2% of the Garden City population
- 4.0% of houses and apartments in Garden City, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.