Granite, UT is a sought-after residential area due to its attractive median housing value of $979,200, which is significantly higher than the US House Median Value of $338,100. This shows that Granite, UT has been a desirable place to live in for many years because not only is the housing valued higher than most places in the US, but it also has seen an impressive 1 year appreciation rate of 8.44%, which is even higher than the US's 1 year appreciation rate of 8.27%. Clearly Granite, UT offers excellent housing options and opportunities for residents.
The median home cost in Granite is $979,200. Home appreciation the last 10 years has been 157.2%. Home Appreciation in Granite is up 16.3%.
Average Age of Homes
- The median age of Granite real estate is 37 years old
The Rental Market in Granite
- Renters make up 12.4% of the Granite population
- 0.0% of houses and apartments in Granite, 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.