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Foreclosure Homes in Elk Ridge, UT 84651

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Elk Ridge, UT Foreclosures

How much do homes sell for in Elk Ridge, UT?
The average home price is currently $733,608.
In Elk Ridge, UT, how many homes are available?
There are currently 5 active home listings available in Elk Ridge.
What’s the average rental cost in Elk Ridge, UT?
The average rental price in Elk Ridge is $2,192.
What is the most expensive home in Elk Ridge?
The most expensive home sold in Elk Ridge had a price of $3,381,400.
What is currently the cheapest priced home in Elk Ridge, UT?
The cheapest home for sale in Elk Ridge is priced at $294,944.

Living in Elk Ridge, UT

Elk Ridge, UT, is a beautiful suburban community famed for its breathtaking mountain views and family-friendly environment. With a variety of outdoor activities and top-notch schools, it's an ideal location for families and outdoor enthusiasts alike. Residents enjoy a peaceful atmosphere with close access to nature and recreational facilities.

Current Market Conditions in Elk Ridge, UT

The real estate market in Elk Ridge is currently experiencing steady growth, driven by the area's desirability and low housing inventory. Investors can find opportunities in both single-family homes and larger estate properties.

As demand continues to rise alongside the city's expanding amenities and schools, property values are expected to appreciate over time, making it a favorable market for long-term investment.

Home Value Estimator For Elk Ridge, UT

There are currently 776 real estate properties in Elk Ridge, UT, with a median automated valuation model (AVM) price of $690,645.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elk Ridge, 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 Elk Ridge, UT, is $733,608.00, with the most expensive house in Elk Ridge, UT, topping out at $3,381,400.00 and the cheapest home in Elk Ridge, UT, clocking in at $294,944.00. In other words, there’s something for every potential homebuyer or savvy investor in Elk Ridge, UT!

Rent Prices In Elk Ridge, UT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elk Ridge, UT, is on a rollercoaster ride. The average rent price in Elk Ridge, UT, is $2,192.00. Indeed, when looking to rent in Elk Ridge, UT, you can expect to pay as little as $1,240.00 or as much as $3,220.00, with the average rent median estimated to be $2,140.00. The good news is that finding an affordable and desirable property to rent in Elk Ridge, 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.

Elk Ridge, UT 84651 Foreclosures

Market Trend for Elk Ridge, UT

Total Listings Available: 5

Market Values:

Home Prices from $294,944 to $3,381,400

Average Sales Price: $733,608

Rental Values:

Rental from $1,240 to $3,220

Average Rent Value: $2,192 / month

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