Altamont, UT Foreclosures
Current Market Conditions in in Altamont, UT As of February 2026?
Over the past month, Altamont has experienced a slight increase in active listings, attributed to new construction and some existing homeowners deciding to sell. The influx of properties on the market has resulted in more options for buyers and a competitiveness that encourages reasonable pricing. Compared to the previous month, average days on market have increased slightly, suggesting that buyers are taking time to decide on purchases, with some homes being on the market slightly longer as the summer season winds down. Property values remain stable but are trending upwards as buyers from urban areas continue to show interest in the rural lifestyle offered here.
How much do homes sell for in Altamont, UT?
The average home price is currently $389,405.
What’s the average rental cost in Altamont, UT?
The average rental price in Altamont is $1,415.
What is the most expensive home in Altamont?
The most expensive home sold in Altamont had a price of $2,165,314.
What is currently the cheapest priced home in Altamont, UT?
The cheapest home for sale in Altamont is priced at $80,567.
Living in Altamont, UT
Altamont, Utah is a small, serene town located in the Uintah Basin, known for its peaceful surroundings and close-knit community. With a rich agricultural history, the area offers plenty of outdoor activities such as hiking and fishing, making it an ideal location for families and nature enthusiasts. Local amenities and essential services provide convenience while retaining the charm of small-town living.
Buyer vs Seller Market in Altamont, UT
Altamont's real estate market has shown a steady interest from buyers looking for rural properties, particularly as more people seek spaces away from urban environments. The average home price remains relatively affordable compared to the state average, making it an attractive option for first-time homebuyers or investors looking to diversify their portfolios with rural properties.
Moreover, there is a growing trend of people relocating to smaller towns across Utah due to remote work opportunities, which has kept demand stable for properties in the Altamont area. The community focus and access to outdoor activities remain major selling points.
The current market conditions suggest a balanced market, where buyers and sellers can find opportunities, particularly in single-family homes. Homes priced lower are receiving offers quickly, while mid-range properties are also gaining interest. It’s advisable for buyers to act quickly to secure homes that meet their needs.
Home Value Estimator For Altamont, UT
There are currently 219 real estate properties
in Altamont, UT,
with a median automated valuation model (AVM) price
of $354,563.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Altamont, 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 Altamont, UT,
is $389,405.00, with the most expensive house
in Altamont, UT, topping out
at $2,165,314.00 and the cheapest home
in Altamont, UT,
clocking in at $80,567.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Altamont, UT!
Rent Prices
In Altamont, UT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Altamont, UT, is on
a rollercoaster ride. The
average rent price in Altamont, UT,
is $1,415.00. Indeed, when looking to rent in
Altamont, UT, you can expect to pay as little
as $980.00 or as much
as $2,400.00,
with the average rent median estimated to
be $1,360.00. The good news is that finding
an affordable and desirable property to rent in Altamont, 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.
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