Housing in 84776 Tropic, UT offers value to potential homeowners. The median value for housing in this city is $224,900, which is significantly lower than the national median of $338,100. Over the past year, the appreciation rate of houses in 84776 Tropic has been 7.86%, slightly lower than the US rate of 8.27%. These numbers indicate that Tropic is a great place to invest in real estate due to its comparatively low prices and still significant growth opportunity.
The median home cost in Tropic (zip 84776) is $224,900. Home appreciation the last 10 years has been 170.2%. Home Appreciation in Tropic (zip 84776) is up 19.9%.
Average Age of Homes
- The median age of Tropic (zip 84776) real estate is 36 years old
The Rental Market in Tropic (zip 84776)
- Renters make up 15.7% of the Tropic (zip 84776) population
- 3.2% of houses and apartments in Tropic (zip 84776), 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.