The housing market in Layton, UT is thriving, with a median value much higher than the US average of $338,100. In addition to this higher median value, the 1 year appreciation rate of 8.44% is also higher than the US average of 8.27%. This demonstrates that housing prices in Layton are not only high but they are growing at a faster rate than other areas in the US. This makes it an attractive place for those looking to invest and build their wealth through property.
The median home cost in Layton is $474,900. Home appreciation the last 10 years has been 157.2%. Home Appreciation in Layton is up 16.3%.
Average Age of Homes
- The median age of Layton real estate is 27 years old
The Rental Market in Layton
- Renters make up 24.2% of the Layton population
- 0.9% of houses and apartments in Layton, 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.