The housing market in Salina, UT has been thriving with the median value of homes estimated at $261,100. This is significantly lower than the US house median value of $338,100. In the past year, the US housing market saw an appreciation rate of 8.27%, while Salina, UT experienced a higher rate of 10.89%. This strong performance means that those looking to invest or live in Salina can benefit from an ever-increasing property value. Additionally, this higher appreciation rate shows that Salina is an attractive location for potential home owners and buyers in the near future.
The median home cost in Salina is $261,100. Home appreciation the last 10 years has been 166.8%. Home Appreciation in Salina is up 16.1%.
Average Age of Homes
- The median age of Salina real estate is 50 years old
The Rental Market in Salina
- Renters make up 26.6% of the Salina population
- 4.7% of houses and apartments in Salina, 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.