Richfield, UT Foreclosures
How much do homes sell for in Richfield, UT?
The average home price is currently $362,867.
In Richfield, UT, how many homes are available?
There are currently 25 active home listings available in Richfield.
What’s the average rental cost in Richfield, UT?
The average rental price in Richfield is $1,643.
What is the most expensive home in Richfield?
The most expensive home sold in Richfield had a price of $8,984,200.
What is currently the cheapest priced home in Richfield, UT?
The cheapest home for sale in Richfield is priced at $14,943.
Living in Richfield, UT
Richfield, Utah, is a vibrant small town with a friendly community and a range of outdoor activities, thanks to its stunning natural landscape. The area provides a warm atmosphere with a selection of local shops and amenities, making it ideal for families and individuals alike. Richfield offers both a peaceful retreat and convenient access to larger cities for those looking for additional opportunities.
Current Market Conditions in Richfield, UT
The real estate market in Richfield, UT, has shown consistent growth in recent years, with moderate increases in home prices and demand. The inventory remains relatively low, allowing sellers to capitalize on the buyer interest while buyers search for affordable housing options in the area. The overall market is favorable for both buyers and sellers, with a balanced approach to negotiations and pricing strategies.
Inventory levels have tightened over the past few months, with several homes selling quickly due to the competitive market. Buyers are motivated by historically low-interest rates, while sellers are encouraged by rising home values. The market remains robust, supporting a variety of property types including single-family homes, townhouses, and rental options.
Home Value Estimator For Richfield, UT
There are currently 3,079 real estate properties
in Richfield, UT,
with a median automated valuation model (AVM) price
of $317,728.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Richfield, 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 Richfield, UT,
is $362,867.00, with the most expensive house
in Richfield, UT, topping out
at $8,984,200.00 and the cheapest home
in Richfield, UT,
clocking in at $14,943.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Richfield, UT!
Rent Prices
In Richfield, UT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Richfield, UT, is on
a rollercoaster ride. The
average rent price in Richfield, UT,
is $1,643.00. Indeed, when looking to rent in
Richfield, UT, you can expect to pay as little
as $610.00 or as much
as $2,500.00,
with the average rent median estimated to
be $1,650.00. The good news is that finding
an affordable and desirable property to rent in Richfield, 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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