The 84523 Ferron, UT area has a median housing value that is much lower than the US Housing median value of $338,100. However, the 1 year house appreciation in Ferron has been higher than the US national average at 13.51%, with the median housing value being $204,800. This is just above double the US national rate of 8.27%. The increasing appreciation of housing in Ferron makes it an attractive option for potential homeowners who are looking for a place to invest their money and get good returns.
The median home cost in Ferron (zip 84523) is $204,800. Home appreciation the last 10 years has been 134.7%. Home Appreciation in Ferron (zip 84523) is up 19.0%.
Average Age of Homes
- The median age of Ferron (zip 84523) real estate is 42 years old
The Rental Market in Ferron (zip 84523)
- Renters make up 9.6% of the Ferron (zip 84523) population
- 1.1% of houses and apartments in Ferron (zip 84523), 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.