Springville, UT Foreclosures
How much do homes sell for in Springville, UT?
The average home price is currently $542,061.
In Springville, UT, how many homes are available?
There are currently 58 active home listings available in Springville.
What’s the average rental cost in Springville, UT?
The average rental price in Springville is $1,804.
What is the most expensive home in Springville?
The most expensive home sold in Springville had a price of $11,764,700.
What is currently the cheapest priced home in Springville, UT?
The cheapest home for sale in Springville is priced at $83,358.
Living in Springville, UT
Springville, UT is a charming city located in Utah County known for its artistic heritage and family-friendly environment. The community offers a variety of outdoor recreation activities, local arts, and cultural events. With great schools and convenient access to main highways, it's an ideal place for families and individuals alike.
Current Market Conditions in Springville, UT
As of late 2023, Springville's real estate market has shown signs of stability and gradual growth. Home prices have seen a moderate increase, with a balanced inventory of homes available for sale. The community's appeal, driven by its excellent schools and family-friendly amenities, continues to attract buyers, keeping demand consistent even in an evolving market.
The number of home sales has rebounded slightly after a brief period of stagnation, indicating renewed buyer interest. However, challenges with inventory levels persist, leading to competition for quality listings, especially in the most sought-after neighborhoods.
Home Value Estimator For Springville, UT
There are currently 8,125 real estate properties
in Springville, UT,
with a median automated valuation model (AVM) price
of $508,859.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Springville, 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 Springville, UT,
is $542,061.00, with the most expensive house
in Springville, UT, topping out
at $11,764,700.00 and the cheapest home
in Springville, UT,
clocking in at $83,358.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Springville, UT!
Rent Prices
In Springville, UT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Springville, UT, is on
a rollercoaster ride. The
average rent price in Springville, UT,
is $1,804.00. Indeed, when looking to rent in
Springville, UT, you can expect to pay as little
as $630.00 or as much
as $3,460.00,
with the average rent median estimated to
be $1,750.00. The good news is that finding
an affordable and desirable property to rent in Springville, 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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