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Cheap Homes in Oakley, UT

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Oakley, UT Foreclosures

How much do homes sell for in Oakley, UT?
The average home price is currently $1,447,417.
What’s the average rental cost in Oakley, UT?
The average rental price in Oakley is $2,454.
What is the most expensive home in Oakley?
The most expensive home sold in Oakley had a price of $21,086,523.
What is currently the cheapest priced home in Oakley, UT?
The cheapest home for sale in Oakley is priced at $53,569.

Living in Oakley, UT

Oakley, UT is a charming small town nestled in the mountains of Summit County, known for its stunning landscapes and outdoor recreation. Residents enjoy a close-knit community with various amenities and local events, along with access to skiing, hiking, and fishing. It's a perfect location for those seeking a peaceful lifestyle with nature at their doorstep.

Current Market Conditions in Oakley, UT

The real estate market in Oakley is currently experiencing a strong demand, driven by individuals looking to escape urban settings for more peaceful environments. With limited inventory and an increasing number of buyers, home prices have been appreciating steadily in recent months.

Oakley's appeal is heightened by its outdoor lifestyle and proximity to major ski resorts, making it a desirable location for second-home buyers and those looking for vacation rentals. This trend is anticipated to continue as more people prioritize lifestyle over location in wake of the pandemic.

Home Value Estimator For Oakley, UT

There are currently 639 real estate properties in Oakley, UT, with a median automated valuation model (AVM) price of $790,164.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Oakley, 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 Oakley, UT, is $1,447,417.00, with the most expensive house in Oakley, UT, topping out at $21,086,523.00 and the cheapest home in Oakley, UT, clocking in at $53,569.00. In other words, there’s something for every potential homebuyer or savvy investor in Oakley, UT!

Rent Prices In Oakley, UT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Oakley, UT, is on a rollercoaster ride. The average rent price in Oakley, UT, is $2,454.00. Indeed, when looking to rent in Oakley, UT, you can expect to pay as little as $850.00 or as much as $3,980.00, with the average rent median estimated to be $2,460.00. The good news is that finding an affordable and desirable property to rent in Oakley, 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.

Cheap Homes in Oakley, UT

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