Wellsville, UT is an attractive place to buy a home due to its high median value and appreciation rate. The median value of housing in Wellsville is $485,500, which is substantially higher than the U.S. median of $338,100. In addition, the 1 year house appreciation rate in Wellsville is 12.27%, which is significantly higher than the national average of 8.27%. This indicates that buying a home in Wellsville will yield an excellent return on investment over time and provide significant financial security for residents.
The median home cost in Wellsville is $485,500. Home appreciation the last 10 years has been 152.9%. Home Appreciation in Wellsville is up 19.2%.
Average Age of Homes
- The median age of Wellsville real estate is 38 years old
The Rental Market in Wellsville
- Renters make up 12.1% of the Wellsville population
- 0.0% of houses and apartments in Wellsville, 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.