Tropic, UT Foreclosures
How much do homes sell for in Tropic, UT?
The average home price is currently $379,673.
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 $1,815,781.
What is currently the cheapest priced home in Tropic, UT?
The cheapest home for sale in Tropic is priced at $78,988.
Living in Tropic, UT
Tropic, Utah, is a picturesque small town located near iconic national parks, making it perfect for nature enthusiasts. The community offers a peaceful lifestyle surrounded by stunning scenery and a variety of outdoor activities. With its local amenities and close-knit atmosphere, Tropic is ideal for those seeking a tranquil life in a beautiful setting.
Current Market Conditions in Tropic, UT
The real estate market in Tropic, UT, has seen a surge in interest over the past few months, driven primarily by an increase in remote workers looking for homes in scenic locations. The demand for both vacation rentals and permanent residences has risen, leading to competitive prices in certain segments of the market.
Properties in Tropic are diverse, with some homes showcasing modern amenities while others provide a charming, rustic feel. The overall trend indicates a favorable climate for sellers, but buyers still find unique opportunities especially if they are willing to invest in properties slightly off the beaten path.
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 $319,280.00. 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 $379,673.00, with the most expensive house
in Tropic, UT, topping out
at $1,815,781.00 and the cheapest home
in Tropic, UT,
clocking in at $78,988.00. 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.
Learn more on Foreclosure homes
