The housing market in Cannonville, UT is still quite attractive. The median value of homes in the area is $192,400 which is significantly lower than the US house median value of $338,100. Additionally, houses have appreciated an average of 8.27% nationally in the past year compared to 7.86% in Cannonville, UT. This makes real estate investing a great option for those looking to purchase or rent property in the area. With increasing demand and flexible prices, Cannonville is proving to be a popular destination for home buyers and renters alike.
The median home cost in Cannonville is $192,400. Home appreciation the last 10 years has been 170.2%. Home Appreciation in Cannonville is up 19.9%.
Average Age of Homes
- The median age of Cannonville real estate is 43 years old
The Rental Market in Cannonville
- Renters make up 6.8% of the Cannonville population
- 3.5% of houses and apartments in Cannonville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.