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Condo Foreclosures in Terra, UT

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Terra, UT Foreclosures

Current Market Conditions in in Terra, UT As of April 2026?
Over the past month, TERRA has seen a slight increase in home sales, with many listings going under contract within days of hitting the market. This rapid movement can indicate a strong buyer interest, likely spurred by favorable interest rates. However, there are still reports of a shortage of affordable homes, which continues to pressure the market and influence home prices.
How much do homes sell for in Terra, UT?
The average home price is currently $372,638.
What’s the average rental cost in Terra, UT?
The average rental price in Terra is $1,420.
What is the most expensive home in Terra?
The most expensive home sold in Terra had a price of $609,625.
What is currently the cheapest priced home in Terra, UT?
The cheapest home for sale in Terra is priced at $17,341.

Living in Terra, UT

TERRA, UT is a picturesque small town nestled in the Wasatch Mountains. It features a welcoming community, a vibrant downtown area rich with dining and shopping options, and numerous outdoor activities. With excellent schools and family-friendly amenities, TERRA is an ideal place for those seeking both tranquility and adventure.

Buyer vs Seller Market in Terra, UT

TERRA's real estate market has experienced steady growth over the past few years, with an increasing demand for single-family homes. The town's picturesque landscape and community-oriented lifestyle make it a sought-after location for families and retirees alike.

Homes in TERRA typically see quick sales, often due to the limited inventory and high interest among potential buyers. Many properties are experiencing competition, leading to increased prices compared to previous years.

Home Value Estimator For Terra, UT

There are currently 16 real estate properties in Terra, UT, with a median automated valuation model (AVM) price of $384,455.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Terra, 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 Terra, UT, is $372,638.00, with the most expensive house in Terra, UT, topping out at $609,625.00 and the cheapest home in Terra, UT, clocking in at $17,341.00. In other words, there’s something for every potential homebuyer or savvy investor in Terra, UT!

Rent Prices In Terra, UT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Terra, UT, is on a rollercoaster ride. The average rent price in Terra, UT, is $1,420.00. Indeed, when looking to rent in Terra, UT, you can expect to pay as little as $1,000.00 or as much as $1,900.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Terra, 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.

Terra, UT Condos


Market Trend for Terra, UT

Total Listings Available: 0

Market Values:

Home Prices from $17,341 to $609,625

Average Sales Price: $372,638

Rental Values:

Rental from $1,000 to $1,900

Average Rent Value: $1,420 / month

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