Hurricane, UT Foreclosures
How much do homes sell for in Hurricane, UT?
The average home price is currently $497,447.
In Hurricane, UT, how many homes are available?
There are currently 45 active home listings available in Hurricane.
What’s the average rental cost in Hurricane, UT?
The average rental price in Hurricane is $1,717.
What is the most expensive home in Hurricane?
The most expensive home sold in Hurricane had a price of $12,392,661.
What is currently the cheapest priced home in Hurricane, UT?
The cheapest home for sale in Hurricane is priced at $38,679.
Living in Hurricane, UT
Hurricane, UT, is a charming city known for its welcoming community and proximity to breathtaking national parks like Zion. It's an outdoor lover's paradise with numerous activities such as hiking and biking, set against a backdrop of stunning red rock formations. With a lower cost of living than nearby areas, it is attracting families and retirees seeking both adventure and tranquility.
Current Market Conditions in Hurricane, UT
The real estate market in Hurricane is bustling as more people are drawn to the area due to its competitive pricing and stunning landscapes. The city has seen a notable increase in new developments, particularly single-family homes, to accommodate the growing population. Housing inventory remains tight, which can lead to bidding wars for desirable properties. Overall, the market is quite favorable for sellers, with rising prices and a high demand for homes.
As of late 2023, real estate trends in Hurricane indicate a shift towards more buyers entering the market, as awareness of the area's appeal spreads. Investors and first-time homebuyers are looking for affordable options, leading to a steady influx of new listings and a slight increase in average sale prices. The growing popularity of remote work is also influencing the market, allowing individuals to relocate to scenic areas like Hurricane without the constraints of traditional commuting.
Home Value Estimator For Hurricane, UT
There are currently 7,253 real estate properties
in Hurricane, UT,
with a median automated valuation model (AVM) price
of $461,451.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hurricane, 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 Hurricane, UT,
is $497,447.00, with the most expensive house
in Hurricane, UT, topping out
at $12,392,661.00 and the cheapest home
in Hurricane, UT,
clocking in at $38,679.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hurricane, UT!
Rent Prices
In Hurricane, UT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hurricane, UT, is on
a rollercoaster ride. The
average rent price in Hurricane, UT,
is $1,717.00. Indeed, when looking to rent in
Hurricane, UT, you can expect to pay as little
as $620.00 or as much
as $4,050.00,
with the average rent median estimated to
be $1,690.00. The good news is that finding
an affordable and desirable property to rent in Hurricane, 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.