The housing in Tooele, UT County is quite expensive compared to the national average. The median value of houses in Tooele County is $442,200, while the US house median value is only $338,100. Additionally, the appreciation rate of housing has been higher in Tooele County than nationally- 8.44% compared to 8.27%. This rapid rate of appreciation indicates that it is a desirable place to live and invest in property. With homes that are more expensive than the national average but appreciate quickly, many people are looking to move or invest in Tooele County due to its attractive housing market.
The median home cost in Tooele County is $442,200. Home appreciation the last 10 years has been 157.2%. Home Appreciation in Tooele County is up 16.3%.
Average Age of Homes
- The median age of Tooele County real estate is 24 years old
The Rental Market in Tooele County
- Renters make up 21.7% of the Tooele County population
- 1.8% of houses and apartments in Tooele County, 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.