The housing market in Mendon, UT is strong. The median value of homes in Mendon stands at $602,800, which is significantly above the US median of $338,100. In the last year alone, house appreciation in Mendon has been 12.27%, higher than the nation's rate of 8.27%. This indicates that housing prices are continuing to trend upwards in Mendon and should remain a lucrative investment for interested buyers.
The median home cost in Mendon is $602,800. Home appreciation the last 10 years has been 152.9%. Home Appreciation in Mendon is up 19.2%.
Average Age of Homes
- The median age of Mendon real estate is 39 years old
The Rental Market in Mendon
- Renters make up 9.0% of the Mendon population
- 0.0% of houses and apartments in Mendon, 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.