Foreclosures in Washington Terrace, UT

Buyer vs Seller Market in Washington Terrace, UT

Washington Terrace has seen a stable real estate market in the past year, with property values experiencing a gradual increase. The demand for family-friendly homes in the area has contributed to this upward trend, particularly as more people are looking to settle in suburban areas due to changing preferences in living arrangements post-pandemic.

The market remains competitive, with increased interest in both single-family homes and townhomes. The average days on market for listings have decreased slightly, indicating a quicker sale process. Buyers in this area should be prepared to act fast, as homes that are well-priced tend to attract multiple offers.

Rent Prices In Washington Terrace, UT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Washington Terrace, UT, is on a rollercoaster ride. The average rent price in Washington Terrace, UT, is $1,890.00. Indeed, when looking to rent in Washington Terrace, UT, you can expect to pay as little as $1,000.00 or as much as $3,200.00, with the average rent median estimated to be $1,880.00. The good news is that finding an affordable and desirable property to rent in Washington Terrace, 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.