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Foreclosure Homes in Lake Point, UT

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Lake Point, UT Foreclosures

How much do homes sell for in Lake Point, UT?
The average home price is currently $667,825.
In Lake Point, UT, how many homes are available?
There are currently 8 active home listings available in Lake Point.
What’s the average rental cost in Lake Point, UT?
The average rental price in Lake Point is $2,183.
What is the most expensive home in Lake Point?
The most expensive home sold in Lake Point had a price of $1,915,765.
What is currently the cheapest priced home in Lake Point, UT?
The cheapest home for sale in Lake Point is priced at $253,586.

Living in Lake Point, UT

Lake Point, UT is a serene community located by the Great Salt Lake, combining waterfront living with outdoor recreational opportunities. The area features modern amenities and a strong sense of community, making it an attractive destination for families and real estate investors alike. With both beauty and convenience, Lake Point is an ideal choice for a wide range of investment opportunities.

Current Market Conditions in Lake Point, UT

The real estate market in Lake Point is currently experiencing growth, with an increase in demand for properties due to its scenic beauty and outdoor lifestyle. Investors are finding opportunities as more families and individuals seek quieter living arrangements away from the hustle and bustle of larger cities.

Property values in this area are steadily rising, making it a great time for real estate investors to consider entering the market. With a mix of affordable and luxurious homes, Lake Point is appealing to a diverse demographic of buyers, ensuring a healthy real estate investment landscape.

Home Value Estimator For Lake Point, UT

There are currently 150 real estate properties in Lake Point, UT, with a median automated valuation model (AVM) price of $675,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Point, 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 Lake Point, UT, is $667,825.00, with the most expensive house in Lake Point, UT, topping out at $1,915,765.00 and the cheapest home in Lake Point, UT, clocking in at $253,586.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Point, UT!

Rent Prices In Lake Point, UT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Point, UT, is on a rollercoaster ride. The average rent price in Lake Point, UT, is $2,183.00. Indeed, when looking to rent in Lake Point, UT, you can expect to pay as little as $1,220.00 or as much as $3,580.00, with the average rent median estimated to be $2,230.00. The good news is that finding an affordable and desirable property to rent in Lake Point, 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.

Lake Point, UT Foreclosures


Market Trend for Lake Point, UT

Total Listings Available: 8

Market Values:

Home Prices from $253,586 to $1,915,765

Average Sales Price: $667,825

Rental Values:

Rental from $1,220 to $3,580

Average Rent Value: $2,183 / month

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