Tooele, UT

Population: 32,342
Average annual home appreciation rate: 5.10%
Total of homes for sale in this market: 120
Median home price: $189,742
Median Rent: $1,017 per room
Home price range: 66.21% of homes are between $116,001 – $233,000
Median sales price: NO DATA
Number of homes: 37
Median foreclosure sales price: $95,218
Foreclosure discount: NO DATA
Most common home type: 77.66% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 5.65%
Number of renters: 27.97%
Number of owner occupied: 72.03%
Number people living below poverty level: 8.39%
Unemployment rate: 4.90%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Tooele 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.

Leave a Reply

Your email address will not be published. Required fields are marked *