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Short Sale Listings in Elmo, UT

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Living in Elmo, UT

Elmo, UT is a serene agricultural community known for its charming surroundings and laid-back lifestyle. With ample outdoor recreational opportunities and a tight-knit community, it's an ideal location for those looking to escape the hustle and bustle of urban life. The area is characterized by its beautiful landscapes and rural charm.

Current Market Conditions in Elmo, UT

The real estate market in Elmo has remained stable, with a modest number of homes available for sale. Demand for properties has increased slightly due to urban flight and families seeking more spacious living environments. Home prices are generally affordable, which appeals to first-time buyers and retirees alike.

Home Value Estimator For Elmo, UT

There are currently 17 real estate properties in Elmo, UT, with a median automated valuation model (AVM) price of $328,883.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elmo, UT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Elmo, UT, is $375,108.00, with the most expensive house in Elmo, UT, topping out at $834,700.00 and the cheapest home in Elmo, UT, clocking in at $170,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Elmo, UT!

Rent Prices In Elmo, UT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elmo, UT, is on a rollercoaster ride. The average rent price in Elmo, UT, is $1,815.00. Indeed, when looking to rent in Elmo, UT, you can expect to pay as little as $1,400.00 or as much as $2,440.00, with the average rent median estimated to be $1,680.00. The good news is that finding an affordable and desirable property to rent in Elmo, UT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Elmo, UT Short Sale Listings


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