Provo, UT

Population: 116,288
Average annual home appreciation rate: 11.87%
Total of homes for sale in this market: 148
Median home price: $234,518
Median Rent: $843 per room
Home price range: 42.39% of homes are between $118,001 – $236,000
Median sales price: Still Gathering Data
Number of homes: 70
Median foreclosure sales price: Still Gathering Data
Foreclosure discount: Still Gathering Data
Most common home type: 41.71% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 5.43%
Number of renters: 61.16%
Number of owner occupied: 38.84%
Number people living below poverty level: 31.84%
Unemployment rate: 3.30%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Provo area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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