Altamont, UT Foreclosures
How much do homes sell for in Altamont, UT?
The average home price is currently $389,405.
In Altamont, UT, how many homes are available?
There are currently 23 active home listings available in Altamont.
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, UT is a small, rural town known for its beautiful natural surroundings and tight-knit community. With access to outdoor recreation and a low-key lifestyle, it's perfect for those who appreciate a slower pace and connection with nature. The local school offers a close-knit educational experience, and residents enjoy a sense of camaraderie.
Buyer vs Seller Market in Altamont, UT
The real estate market in Altamont, UT is relatively stable, with housing prices showing moderate growth over the past few months. The demand for properties has increased slightly, likely due to the area's appeal to families and individuals seeking a more rural lifestyle. However, options can be limited due to the small size of the community, which may mean competition for available homes.
Investors are keen on Altamont as it presents opportunities for lower-cost homes compared to urban areas. As people continue to seek out more affordable housing options, this quaint community may see an uptick in interest and possibly a rise in property values as a result.
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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