The housing market in Layton, UT (84040) is very strong. The median value of a home in this area is $524,500, which is much higher than the average US median value of $338,100. This indicates that housing in this area generally has a higher value than other parts of the country. Furthermore, the 1 year house appreciation rate for Layton is 8.44%, which is slightly higher than the US average of 8.27%. This shows that the housing market in this area has been steadily increasing over the past year and that it will likely continue to do so in the future.
The median home cost in Layton (zip 84040) is $524,500. Home appreciation the last 10 years has been 157.2%. Home Appreciation in Layton (zip 84040) is up 16.3%.
Average Age of Homes
- The median age of Layton (zip 84040) real estate is 29 years old
The Rental Market in Layton (zip 84040)
- Renters make up 14.1% of the Layton (zip 84040) population
- 0.0% of houses and apartments in Layton (zip 84040), 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.