Zip 84648 (Nephi, UT) Housing

The housing market in 84648 Nephi, UT is vibrant and quickly appreciating. The median value of a house in 84648 Nephi, UT is $377,300 which is much higher than the US house median value of $338,100. Furthermore, the appreciation rate for houses in 84648 Nephi, UT is 10.89%, which is significantly higher than the US house appreciation rate of 8.27%. This data shows that investing in real estate in 84648 Nephi, UT can be very lucrative for potential homeowners.

The median home cost in Nephi (zip 84648) is $377,300. Home appreciation the last 10 years has been 166.8%. Home Appreciation in Nephi (zip 84648) is up 16.1%.

Average Age of Homes

- The median age of Nephi (zip 84648) real estate is 43 years old

The Rental Market in Nephi (zip 84648)

- Renters make up 13.3% of the Nephi (zip 84648) population
- 1.4% of houses and apartments in Nephi (zip 84648), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Nephi, Utah	United States
	2,333.0	139,647,020.0
	43	42
	$377,300	$338,100
	16.1%	16.6%
	84.2%	57.0%
	166.8%	101.1%
	$5.34	$10.98
	$1,603	$2,690
	70.0%	57.4%
	3.4%	11.2%
	26.6%	31.4%
Vacant Housing
	1.4%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	0.3%	2.4%
	0.0%	2.8%
	0.6%	3.9%
	1.1%	4.5%
	6.5%	11.3%
	12.2%	13.0%
	27.3%	20.1%
	31.5%	13.6%
	10.6%	8.3%
	5.1%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.8%	0.8%
	1.6%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	11.1%	13.6%
	11.1%	13.6%
	11.9%	13.6%
	12.6%	13.2%
	17.4%	14.8%
	11.9%	13.6%
	4.4%	10.0%
	11.1%	4.7%
	16.5%	12.2%

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