American Fork, Utah is a desirable real estate market for those looking to purchase a home due to its higher median value of $521,100 compared to the U.S. median value of $338,100. In addition, the 1 year house appreciation in American Fork is 8.44%, which is slightly higher than the national average of 8.27%. This makes it a great investment opportunity for potential homeowners, as prices in American Fork are expected to continue rising over time. With such an attractive housing market, there is no surprise that American Fork has become increasingly popular among prospective buyers.
The median home cost in American Fork is $521,100. Home appreciation the last 10 years has been 157.2%. Home Appreciation in American Fork is up 16.3%.
Average Age of Homes
- The median age of American Fork real estate is 27 years old
The Rental Market in American Fork
- Renters make up 26.3% of the American Fork population
- 0.0% of houses and apartments in American Fork, 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.