The housing market in 84020 Draper, UT is thriving. The median value of a house in this area is $751,500, which is significantly higher than the US House Median Value of $338,100. Not only is the value of housing in this area high, but the one year house appreciation rate is also impressive at 8.44%, just slightly higher than the US one year house appreciation rate of 8.27%. This means that investing in housing here can be a very lucrative opportunity for potential buyers and investors alike.
The median home cost in Draper (zip 84020) is $751,500. Home appreciation the last 10 years has been 157.2%. Home Appreciation in Draper (zip 84020) is up 16.3%.
Average Age of Homes
- The median age of Draper (zip 84020) real estate is 16 years old
The Rental Market in Draper (zip 84020)
- Renters make up 19.6% of the Draper (zip 84020) population
- 0.6% of houses and apartments in Draper (zip 84020), 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.