The housing market in Ballard, UT is thriving. According to recent data, the median value of a house in Ballard is $290,400, which is significantly lower than the national median value of $338,100. In addition, the one-year house appreciation rate for Ballard is 8.44%, higher than the average US rate of 8.27%. This indicates that houses in Ballard are increasing in value faster than those across the country as a whole. Therefore, if you are looking for a place to invest in real estate, then Ballard should be on your radar.
The median home cost in Ballard is $290,400. Home appreciation the last 10 years has been 157.2%. Home Appreciation in Ballard is up 16.3%.
Average Age of Homes
- The median age of Ballard real estate is 28 years old
The Rental Market in Ballard
- Renters make up 15.8% of the Ballard population
- 1.0% of houses and apartments in Ballard, 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.