The housing market in the Price, UT Metro Area is thriving. Home prices remain relatively low compared to the national median value of $338,100, with a median value of $266,600 in the area. Despite this lower median value, the housing market has seen strong appreciation over the past year with an 8.44% increase in house prices. This rate of appreciation outpaces the national average of 8.27%, indicating that Price, UT Metro Area offers great potential for buyers looking to invest in real estate.
The median home cost in Price Metro Area is $266,600. Home appreciation the last 10 years has been 134.7%. Home Appreciation in Price Metro Area is up 19.0%.
Average Age of Homes
- The median age of Price Metro Area real estate is 46 years old
The Rental Market in Price Metro Area
- Renters make up 24.6% of the Price Metro Area population
- 2.7% of houses and apartments in Price Metro Area, 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.