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Foreclosure Homes in Parowan, UT

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S-300-e-Parowan-UT-84761
Preforeclosure

S 300 E
Parowan, UT 84761

W-200-s-Parowan-UT-84761
Preforeclosure

W 200 S
Parowan, UT 84761

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Home Value Estimator For Parowan, UT

There are currently 8 real estate properties in Parowan, UT, with a median automated valuation model (AVM) price of $568,600.00. 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 $809,613.00, 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 $61,300.00. 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 $1,815.00. Indeed, when looking to rent in Parowan, UT, you can expect to pay as little as $1,130.00 or as much as $2,820.00, with the average rent median estimated to be $1,580.00. 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.


Foreclosure Homes in Parowan, UT

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Parowan, UT area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Parowan, UT and much more. Save thousands at closing with home foreclosure listings in Parowan, UT — up to 75% off market value!


Top Reasons To Live In Parowan, UT In 2021

Parowan is located in Iron, Utah, with an estimated municipal population of 3,165 residents. All of the best foreclosed homes for sale in Parowan are located in the following zip code areas on Foreclosure.com: 84761. The estimated population per square kilometer (.62 miles) in Parowan is 176.


Cost Of Living In Parowan, UT

So, about how much do homes cost in Parowan? The most recent median value of resident-owned homes in Parowan is 173,463. An estimated 77.5 percent of households in Parowan own their homes, with an average family size of 3.55. The median household income in Parowan is 42,101, with22.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Parowan, the median commute time of resident workers (in minutes) is 16.8. And last, but certainly not least, are you looking for homes to rent in Parowan? If so, the average rent price paid by renters in Parowan is 913, according to recent statistics.


Diversity And Demographics In Parowan, Utah

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Parowan, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Parowan is 39.9, split between 52.9 percent male versus 47.1 female. The percentage of residents who report being married in Parowan is 60.1, with an average family size of 3.55.

The percentage of residents who report their race in Parowan is as follows:

White 95.1%
Black / African American 0%
Asian 0.4%
American Indian / Alaskan Native 3.8%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0.7%

Looking for family-friendly neighborhoods in and/or near Parowan? Or maybe you are searching for 55+ active adult communities in and/or near Parowan?

The percentage of residents who report their age in Parowan is as follows:

Under 10 15.5%
Aged 10-19 14.2%
20s 11.9%
30s 8.6%
40s 8.3%
50s 15%
60s 9.9%
70s 9.9%
80+ 6.8%

Best Schools In Parowan, Utah

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Parowan with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Parowan.


Pros And Cons Of Living In Parowan, Utah

How do you know that living in -- or moving to -- Parowan is right where you need to be? Perhaps you grew up in Parowan or already live nearby; therefore, the decision to buy a home in Parowan is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Parowan for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Parowan:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Parowan.


Reasons To Move To Parowan, Utah, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Parowan can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Parowan, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Parowan, UT

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