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Foreclosure Homes in Tropic, UT 84776

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Tropic, UT Foreclosures

How much do homes sell for in Tropic, UT?
The average home price is currently $344,958.
What’s the average rental cost in Tropic, UT?
The average rental price in Tropic is $1,555.
What is the most expensive home in Tropic?
The most expensive home sold in Tropic had a price of $1,683,288.
What is currently the cheapest priced home in Tropic, UT?
The cheapest home for sale in Tropic is priced at $40,039.

Living in Tropic, UT

Tropic, Utah, is a charming small town situated near the stunning Bryce Canyon National Park. With a population of around 500, it offers a tight-knit community feel, surrounded by spectacular natural landscapes that attract outdoor enthusiasts and nature lovers alike. The area is characterized by recreational activities, including hiking, biking, and stargazing under the clear skies of Southern Utah.

Current Market Conditions in Tropic, UT

The real estate market in Tropic is currently experiencing moderate demand, largely driven by buyers seeking vacation properties or permanent residences in the area due to its proximity to outdoor attractions. Home prices have seen a steady rise as more individuals look to escape urban living for a quieter, nature-oriented lifestyle.

While the market remains competitive, listings are often priced reasonably for the area. The demand for vacation rentals also contributes to local investment opportunities, making Tropic an attractive option for buyers interested in real estate for income generation.

Home Value Estimator For Tropic, UT

There are currently 300 real estate properties in Tropic, UT, with a median automated valuation model (AVM) price of $306,284.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Tropic, 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 Tropic, UT, is $344,958.00, with the most expensive house in Tropic, UT, topping out at $1,683,288.00 and the cheapest home in Tropic, UT, clocking in at $40,039.00. In other words, there’s something for every potential homebuyer or savvy investor in Tropic, UT!

Rent Prices In Tropic, UT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Tropic, UT, is on a rollercoaster ride. The average rent price in Tropic, UT, is $1,555.00. Indeed, when looking to rent in Tropic, UT, you can expect to pay as little as $1,080.00 or as much as $1,780.00, with the average rent median estimated to be $1,460.00. The good news is that finding an affordable and desirable property to rent in Tropic, 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.

Tropic, UT 84776 Foreclosures

Market Trend for Tropic, UT

Total Listings Available: 0

Market Values:

Home Prices from $40,039 to $1,683,288

Average Sales Price: $344,958

Rental Values:

Rental from $1,080 to $1,780

Average Rent Value: $1,555 / month

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