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Foreclosures in Parowan, UT 84761

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Parowan, UT Foreclosures

Current Market Conditions in in Parowan, UT As of February 2026?
Over the past month, Parowan’s real estate market has remained steady with minimal changes. While inventory levels have slightly decreased, the demand for properties remains solid. Homes that are well-maintained and fairly priced continue to attract buyers quickly, suggesting a healthy market dynamic.
How much do homes sell for in Parowan, UT?
The average home price is currently $396,209.
What’s the average rental cost in Parowan, UT?
The average rental price in Parowan is $1,745.
What is the most expensive home in Parowan?
The most expensive home sold in Parowan had a price of $4,204,702.
What is currently the cheapest priced home in Parowan, UT?
The cheapest home for sale in Parowan is priced at $23,324.

Living in Parowan, UT

Parowan, UT, is a charming small town characterized by beautiful landscapes and a deep-rooted history. Residents enjoy a close community, abundant outdoor activities, and access to local amenities. The town's rich heritage is celebrated in various local events throughout the year.

Buyer vs Seller Market in Parowan, UT

The real estate market in Parowan is currently stable, with a modest increase in home prices over the past few months. Buyers are drawn to the area's small-town charm, outdoor recreation options, and affordable housing, keeping demand reasonably steady.

Interest in Parowan continues to grow as people seek affordable living options away from larger urban centers. This trend has led to an uptick in new home constructions and a gradual appreciation of property values.

Home Value Estimator For Parowan, UT

There are currently 1,310 real estate properties in Parowan, UT, with a median automated valuation model (AVM) price of $353,114.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Parowan, 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 Parowan, UT, is $396,209.00, with the most expensive house in Parowan, UT, topping out at $4,204,702.00 and the cheapest home in Parowan, UT, clocking in at $23,324.00. In other words, there’s something for every potential homebuyer or savvy investor in Parowan, UT!

Rent Prices In Parowan, UT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Parowan, UT, is on a rollercoaster ride. The average rent price in Parowan, UT, is $1,745.00. Indeed, when looking to rent in Parowan, UT, you can expect to pay as little as $1,060.00 or as much as $3,240.00, with the average rent median estimated to be $1,600.00. The good news is that finding an affordable and desirable property to rent in Parowan, 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.

Parowan, UT 84761 Foreclosures

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