Spring City, UT is a great place to live with a desirable real estate market. The median value of housing in Spring City is $328,800 which is slightly below the US House Median Value of $338,100. However, the one year appreciation rate for housing in Spring City is 10.89%, which is higher than the national average of 8.27%. This demonstrates the strong demand for property in Spring City and suggests that it could be an excellent investment opportunity for potential buyers.
The median home cost in Spring City is $328,800. Home appreciation the last 10 years has been 166.8%. Home Appreciation in Spring City is up 16.1%.
Average Age of Homes
- The median age of Spring City real estate is 74 years old
The Rental Market in Spring City
- Renters make up 18.3% of the Spring City population
- 1.2% of houses and apartments in Spring City, 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.