The housing market in Virgin, UT is currently quite strong. The median value of a home in the area is $514,000, which is significantly higher than the US house median value of $338,100. Additionally, the 1 year house appreciation rate for homes in Virgin is 7.86%, just slightly lower than the US average of 8.27%. This shows that despite being higher in value than most other US locations, the housing market in Virgin has had a healthy growth rate over the past year.
The median home cost in Virgin is $514,000. Home appreciation the last 10 years has been 170.2%. Home Appreciation in Virgin is up 19.9%.
Average Age of Homes
- The median age of Virgin real estate is 17 years old
The Rental Market in Virgin
- Renters make up 14.0% of the Virgin population
- 0.0% of houses and apartments in Virgin, 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.