Parowan, UT Foreclosures
How much do homes sell for in Parowan, UT?
The average home price is currently $375,809.
In Parowan, UT, how many homes are available?
There are currently 1 active home listings available in Parowan.
What’s the average rental cost in Parowan, UT?
The average rental price in Parowan is $1,746.
What is the most expensive home in Parowan?
The most expensive home sold in Parowan had a price of $2,549,000.
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, combines charming small-town living with breathtaking natural beauty. Residents enjoy access to outdoor activities, local businesses, and family-friendly community events. Its historic downtown area offers a glimpse into the rich heritage of this picturesque city.
Current Market Conditions in Parowan, UT
The Parowan real estate market has seen a steady increase in home prices over the past year, driven by an influx of new residents seeking both vacation homes and permanent residences. Properties that offer stunning views or quick access to outdoor recreational activities are especially in demand as more people prioritize lifestyle changes that support outdoor living.
Currently, the market is considered favorable for sellers due to the limited number of homes available. Buyers can expect to face some competition, particularly for family-sized homes, which are desirable among relocating families. However, there are fluctuations in property types available, highlighting a mix of both historic homes and new builds.
Home Value Estimator For Parowan, UT
There are currently 999 real estate properties
in Parowan, UT,
with a median automated valuation model (AVM) price
of $353,922.00. 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 $375,809.00, with the most expensive house
in Parowan, UT, topping out
at $2,549,000.00 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 $1,746.00. 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.
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