The housing market in Spring City, UT (84662) is exceptionally strong. The median housing value stands at $364,900, which is higher than the national median value of $338,100. This indicates that the area is popular and in demand. In the past year alone, the appreciation rate has been 10.89%, significantly higher than the 8.27% average across the United States. With this high rate of appreciation, Spring City stands out as a great place to invest or settle down for those looking for a safe and secure option.
The median home cost in Spring City (zip 84662) is $364,900. Home appreciation the last 10 years has been 166.8%. Home Appreciation in Spring City (zip 84662) is up 16.1%.
Average Age of Homes
- The median age of Spring City (zip 84662) real estate is 53 years old
The Rental Market in Spring City (zip 84662)
- Renters make up 22.2% of the Spring City (zip 84662) population
- 0.9% of houses and apartments in Spring City (zip 84662), 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.