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Preforeclosure Homes in Summit Park, UT

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Summit Park, UT Foreclosures

How much do homes sell for in Summit Park, UT?
The average home price is currently $1,930,833.
What’s the average rental cost in Summit Park, UT?
The average rental price in Summit Park is $4,053.
What is the most expensive home in Summit Park?
The most expensive home sold in Summit Park had a price of $5,292,258.
What is currently the cheapest priced home in Summit Park, UT?
The cheapest home for sale in Summit Park is priced at $273,268.

Living in Summit Park, UT

Summit Park, UT, is a picturesque mountain community offering a peaceful lifestyle and easy access to outdoor activities. It provides beautiful views, a strong sense of community, and many amenities for residents. Close proximity to Park City enhances the recreational options available, including skiing, hiking, and biking trails.

Current Market Conditions in Summit Park, UT

The real estate market in Summit Park is relatively stable, with a moderate increase in property values due to its desirable location and lifestyle offerings. As more people seek refuge in nature-oriented communities, the demand for homes in this area has seen a consistent uptick over the last few years.

The market is competitive, with a limited inventory of properties available, which has led to rising prices. However, interest rates have stabilized, encouraging potential buyers to engage in the market without excessive volatility.

Home Value Estimator For Summit Park, UT

There are currently 34 real estate properties in Summit Park, UT, with a median automated valuation model (AVM) price of $1,436,727.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Summit Park, 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 Summit Park, UT, is $1,930,833.00, with the most expensive house in Summit Park, UT, topping out at $5,292,258.00 and the cheapest home in Summit Park, UT, clocking in at $273,268.00. In other words, there’s something for every potential homebuyer or savvy investor in Summit Park, UT!

Rent Prices In Summit Park, UT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Summit Park, UT, is on a rollercoaster ride. The average rent price in Summit Park, UT, is $4,053.00. Indeed, when looking to rent in Summit Park, UT, you can expect to pay as little as $1,740.00 or as much as $5,500.00, with the average rent median estimated to be $3,960.00. The good news is that finding an affordable and desirable property to rent in Summit Park, 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.

Summit Park, UT Preforeclosure Homes


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