Oak City, UT has a median house value of $200,500 and is significantly lower than the U.S. median house value of $338,100. Despite the difference in house values, Oak City experiences higher appreciation rates for houses over the past year with an increase of 10.89% compared to the U.S. average of 8.27%. This highlights a strong housing market in Oak City which makes it an attractive area for potential home buyers looking to invest their money into real estate.
The median home cost in Oak City is $200,500. Home appreciation the last 10 years has been 166.8%. Home Appreciation in Oak City is up 16.1%.
Average Age of Homes
- The median age of Oak City real estate is 37 years old
The Rental Market in Oak City
- Renters make up 14.2% of the Oak City population
- 0.0% of houses and apartments in Oak 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.