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Preforeclosure Homes in Tropic, UT 84776

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Living in Tropic, UT

Tropic, UT, is a charming small town near Bryce Canyon National Park known for its stunning red rock scenery and outdoor living opportunities. With a close-knit community and access to hiking, biking, and stargazing, it's an idyllic place for families and nature lovers.

Current Market Conditions in Tropic, UT

The real estate market in Tropic currently shows a strong interest due to its proximity to Bryce Canyon and growing popularity among tourists and retirees. Home prices have been steadily increasing as more people look to invest in vacation rentals and second homes in this beautiful area.

Properties in Tropic tend to sell quickly, reflecting a balanced market where listings are in demand. The trend shows that more buyers are recognizing the value of properties here for both personal and investment purposes.

Home Value Estimator For Tropic, UT

There are currently 113 real estate properties in Tropic, UT, with a median automated valuation model (AVM) price of $299,135.00. 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 $356,972.00, with the most expensive house in Tropic, UT, topping out at $1,694,226.00 and the cheapest home in Tropic, UT, clocking in at $79,945.00. 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 Preforeclosure Homes


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