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Foreclosure Homes in Magna, UT

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Magna, UT Foreclosures

How much do homes sell for in Magna, UT?
The average home price is currently $434,668.
In Magna, UT, how many homes are available?
There are currently 124 active home listings available in Magna.
What’s the average rental cost in Magna, UT?
The average rental price in Magna is $1,517.
What is the most expensive home in Magna?
The most expensive home sold in Magna had a price of $9,539,228.
What is currently the cheapest priced home in Magna, UT?
The cheapest home for sale in Magna is priced at $48,703.

Living in Magna, UT

Magna, UT is a thriving suburban community located near Salt Lake City, Utah. It boasts a mix of outdoor recreation, shopping, and family-friendly amenities. The area is known for its strong community spirit and accessibility to urban conveniences while maintaining a laid-back atmosphere.

Current Market Conditions in Magna, UT

The real estate market in Magna is currently showing signs of growth, with an increase in home values and a steady demand for properties. Currently, homes are appreciated over the past year due to a blend of low inventory and high buyer interest. The average selling price has risen significantly, making it a competitive market for both buyers and sellers.

Home Value Estimator For Magna, UT

There are currently 7,463 real estate properties in Magna, UT, with a median automated valuation model (AVM) price of $432,747.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Magna, 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 Magna, UT, is $434,668.00, with the most expensive house in Magna, UT, topping out at $9,539,228.00 and the cheapest home in Magna, UT, clocking in at $48,703.00. In other words, there’s something for every potential homebuyer or savvy investor in Magna, UT!

Rent Prices In Magna, UT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Magna, UT, is on a rollercoaster ride. The average rent price in Magna, UT, is $1,517.00. Indeed, when looking to rent in Magna, UT, you can expect to pay as little as $820.00 or as much as $4,120.00, with the average rent median estimated to be $1,490.00. The good news is that finding an affordable and desirable property to rent in Magna, 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.

Magna, UT Foreclosures

Market Trend for Magna, UT

Total Listings Available: 124

Market Values:

Home Prices from $48,703 to $9,539,228

Average Sales Price: $434,668

Rental Values:

Rental from $820 to $4,120

Average Rent Value: $1,517 / month

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