Erda, UT Foreclosures
How much do homes sell for in Erda, UT?
The average home price is currently $840,857.
What’s the average rental cost in Erda, UT?
The average rental price in Erda is $2,157.
What is the most expensive home in Erda?
The most expensive home sold in Erda had a price of $2,128,442.
What is currently the cheapest priced home in Erda, UT?
The cheapest home for sale in Erda is priced at $209,188.
Living in Erda, UT
Erda, UT is a serene rural community offering breathtaking mountain views and a family-friendly atmosphere. Perfect for outdoor enthusiasts, Erda features ample recreational opportunities such as hiking and biking trails. With easy access to Salt Lake City, it strikes a harmonious balance between rural living and urban convenience.
Current Market Conditions in Erda, UT
The real estate market in Erda currently shows an upward trend, with home prices steadily increasing over the past year. More families are moving into the area, attracted by the spacious properties and community lifestyle. The inventory is somewhat limited, leading to competitive bidding on desirable homes, making it a great investment area.
Recent growth trends indicate that the demand for single-family homes in Erda is high, particularly among young families and professionals looking for a balance of work and leisure. As the area continues to develop its amenities, it is expected that the market will remain robust and active.
Home Value Estimator For Erda, UT
There are currently 412 real estate properties
in Erda, UT,
with a median automated valuation model (AVM) price
of $778,840.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Erda, 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 Erda, UT,
is $840,857.00, with the most expensive house
in Erda, UT, topping out
at $2,128,442.00 and the cheapest home
in Erda, UT,
clocking in at $209,188.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Erda, UT!
Rent Prices
In Erda, UT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Erda, UT, is on
a rollercoaster ride. The
average rent price in Erda, UT,
is $2,157.00. Indeed, when looking to rent in
Erda, UT, you can expect to pay as little
as $1,220.00 or as much
as $3,640.00,
with the average rent median estimated to
be $1,840.00. The good news is that finding
an affordable and desirable property to rent in Erda, 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.
Learn more on Foreclosure homes
