The housing market in 84775 Torrey, UT is strong with a median value of $494,000. This figure is significantly higher than the US house median value of $338,100, demonstrating that the housing market in this area is more desirable and affluent. Furthermore, the one year house appreciation in Torrey is 7.86%, slightly lower than the US average of 8.27%. This statistic indicates that while prices have been on the rise for quite some time, they are still within an acceptable range compared to other areas in the country.
The median home cost in Torrey (zip 84775) is $494,000. Home appreciation the last 10 years has been 170.2%. Home Appreciation in Torrey (zip 84775) is up 19.9%.
Average Age of Homes
- The median age of Torrey (zip 84775) real estate is 32 years old
The Rental Market in Torrey (zip 84775)
- Renters make up 6.0% of the Torrey (zip 84775) population
- 1.4% of houses and apartments in Torrey (zip 84775), 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.