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Short Sale Listings in Fayette, UT 84630

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Living in Fayette, UT

Fayette, UT, is a serene small town located in Utah County known for its peaceful lifestyle and beautiful surroundings. Residents enjoy numerous outdoor activities and a friendly community atmosphere. It is an ideal place for families seeking a safe and enriching environment.

Current Market Conditions in Fayette, UT

The real estate market in Fayette is currently showing signs of growth, with increasing interest from buyers seeking affordable housing in a rural setting. This demand stems from the area's attractive lifestyle and proximity to the Wasatch Mountains, driving property values steadily upwards.

Investors are finding favorable conditions, as properties tend to sell quickly due to limited inventory. The trend suggests a shift towards more suburban living, making Fayette an attractive option for real estate investment.

Home Value Estimator For Fayette, UT

There are currently 69 real estate properties in Fayette, UT, with a median automated valuation model (AVM) price of $344,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fayette, 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 Fayette, UT, is $369,884.00, with the most expensive house in Fayette, UT, topping out at $1,253,747.00 and the cheapest home in Fayette, UT, clocking in at $77,514.00. In other words, there’s something for every potential homebuyer or savvy investor in Fayette, UT!

Rent Prices In Fayette, UT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fayette, UT, is on a rollercoaster ride. The average rent price in Fayette, UT, is $1,480.00. Indeed, when looking to rent in Fayette, UT, you can expect to pay as little as $1,380.00 or as much as $1,580.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Fayette, 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.

Fayette, UT 84630 Short Sale Listings


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