Wellington, UT is a great place to live and the housing market there reflects it. The median value of homes in Wellington is $144,200, which is significantly lower than the national median of $338,100. This makes it an attractive option for people looking to buy a home without breaking their budget. Additionally, the one year house appreciation rate in Wellington has been 13.51%, which is higher than the national average of 8.27%. This shows that the housing market in Wellington is growing quickly and provides good opportunity for potential buyers who are looking to invest in property in this area.
The median home cost in Wellington is $144,200. Home appreciation the last 10 years has been 134.7%. Home Appreciation in Wellington is up 19.0%.
Average Age of Homes
- The median age of Wellington real estate is 37 years old
The Rental Market in Wellington
- Renters make up 32.3% of the Wellington population
- 5.7% of houses and apartments in Wellington, 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.