The housing market in Tooele, UT is quite strong. The median value of a home in Tooele is $387,900, which is significantly higher than the US median of $338,100. Furthermore, the appreciation rate for homes in Tooele over the past year has been 8.44%, slightly higher than the national 1-year appreciation rate of 8.27%. This suggests that the housing market in Tooele is very healthy and that homes are increasing in value quickly.
The median home cost in Tooele is $387,900. Home appreciation the last 10 years has been 157.2%. Home Appreciation in Tooele is up 16.3%.
Average Age of Homes
- The median age of Tooele real estate is 26 years old
The Rental Market in Tooele
- Renters make up 23.6% of the Tooele population
- 1.6% of houses and apartments in Tooele, 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.