Provo, Ut

Population: 114,801
Average annual home appreciation rate: 12.04%
Total of homes for sale in this market: 112
Median home price: $245,220
Median Rent: $867
Home price range: 42.39% between $123,001 – $247,000
Median sales price: no data
Number of homes: 74
Median foreclosure sales price: $171,761
Foreclosure discount: no data
Most common home type: 41.71%
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: 2.90%
Is this area perfect for real estate deals going on right now?

Salt Lake City, Utah

Population: 190,884
Average annual home appreciation rate: 12.88%
Total of homes for sale in this market: 567
Median home price: $288,281
Median Rent: $908
Home price range: 33.59% between $122,001 – $244,000
Median sales price: $165,894
Number of homes: 1,626
Median foreclosure sales price: $166,420
Foreclosure discount: no data
Most common home type: 48.48% single family detached
Number of vacant homes: 8.19%
Number of renters: 51.76%
Number of owner occupied: 48.24%
Number people living below poverty level: 19.93%
Unemployment rate: 3.10%
Is this area perfect for real estate deals going on right now?

Ogden, Ut

Population: 84,316
Average annual home appreciation rate: 10.94%
Total of homes for sale in this market: 361
Median home price: $149,666
Median Rent: $871
Home price range: 53.25% between $114,001 – $228,000
Median sales price: no data
Number of homes: 266
Median foreclosure sales price: $104,560
Foreclosure discount: no data
Most common home type: 62.03% single family detached
Number of vacant homes: 8.57%
Number of renters: 46.04%
Number of owner occupied: 53.96%
Number people living below poverty level: 23.28%
Unemployment rate: 5%
Is this area perfect for real estate deals going on right now?

Sandy, Utah

Population: 91,148
Average annual home appreciation rate: 12.07%
Total of homes for sale in this market: 106
Median home price: $333,606
Median Rent: $1,241
Home price range: 41.66% between $244,001 – $366,000
Median sales price: no data
Number of homes: 186
Median foreclosure sales price: $235,000
Foreclosure discount: no data
Most common home type: 79.30% single family detached
Number of vacant homes: 3.50%
Number of renters: 21.41%
Number of owner occupied: 78.59%
Number people living below poverty level: 7.84%
Unemployment rate: 3.10%
Is this area perfect for real estate deals going on right now?

Lehi, UT

Population: 54,382
Average annual home appreciation rate: 11.28%
Total of homes for sale in this market: 263
Median home price: $285,746
Median Rent: $1,445 per room
Home price range: 43.09% of homes are between $236,001 – $354,000
Median sales price: Still gathering data
Number of homes: 188
Median foreclosure sales price: Still gathering data
Foreclosure discount: Still gathering data
Most common home type: 80.32% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 3.20%
Number of renters: 19.26%
Number of owner occupied: 80.74%
Number people living below poverty level: 6.34%
Unemployment rate: 3.40%
Is this area perfect for real estate deals going on right now? Importantly, this makes Lehi one of the highest appreciating communities in the nation for the latest quarter, and may signal the city’s near-future real estate investment strength.

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.

Cedar City, UT

Population: 29,162
Average annual home appreciation rate: 14.67%
Total of homes for sale in this market: 402
Median home price: $196,331
Median Rent: $711 per room
Home price range: 42.67% of homes are between $113,001 – $226,000
Median sales price: Still gathering data
Number of homes: 439
Median foreclosure sales price: Still gathering data
Foreclosure discount: Still gathering data
Most common home type: 49.35% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 10.42%
Number of renters: 50.04%
Number of owner occupied: 49.96%
Number people living below poverty level: 22.28%
Unemployment rate: 4.90%
Is this area perfect for real estate deals going on right now? Importantly, NeighborhoodScout’s exclusive research found that Cedar City’s housing market shows one of the top real estate appreciation rates in the U.S.A. in the latest quarter, which may signal the city’s near-future real estate investment strength.

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.

Park City, UT

Population: 7,950
Average annual home appreciation rate: 18.14%
Total of homes for sale in this market: 592
Median home price: $813,986
Median Rent: $1,415 per room
Home price range: 31.42% of homes are between > $1,128,000
Median sales price: Still computing data
Number of homes: 188
Median foreclosure sales price: Still computing data
Foreclosure discount: Still computing data
Most common home type: 39.68% of homes are COMPLEXES OR HIGH RISE APARTMENTS
Number of vacant homes: 67.11%
Number of renters: 40.03%
Number of owner occupied: 59.97%
Number people living below poverty level: 17.76%
Unemployment rate: 2.80%
Is this area perfect for real estate deals going on right now? Data shows, this makes Park City one of the highest appreciating communities in the nation for the latest quarter, and may signal the city’s near-future real estate investment strength.

Sandy, UT

Population: 90,231
Average annual home appreciation rate: 5.55%
Total of homes for sale in this market: 176
Median home price: $318,526
Median Rent: $1,245 per room
Home price range: 42.66% of homes are between $233,001 – $349,000
Median sales price: NO DATA
Number of homes: 230
Median foreclosure sales price: $179,600
Foreclosure discount: NO DATA
Most common home type: 79.30% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 3.50%
Number of renters: 21.41%
Number of owner occupied: 78.59%
Number people living below poverty level: 7.84%
Unemployment rate: 3.50%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Sandy 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.