Nephi, UT has a median housing value of $404,600, which is higher than the US median of $338,100. In addition to having a high median housing value, Nephi's house appreciation rate over the past year was 10.89%, significantly higher than the US average of 8.27%. This makes Nephi an attractive city for potential home buyers as their investment in property is likely to appreciate at a faster rate than many other places around the country.
The median home cost in Nephi is $404,600. Home appreciation the last 10 years has been 166.8%. Home Appreciation in Nephi is up 16.1%.
Average Age of Homes
- The median age of Nephi real estate is 43 years old
The Rental Market in Nephi
- Renters make up 13.5% of the Nephi population
- 1.5% of houses and apartments in Nephi, 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.