Echo, UT is known for its expensive housing market. The median value of a house in Echo is over $1.4 million, which is significantly higher than the US median value of $338,100. Over the past year, the value of houses in Echo has grown by 8.44%, slightly higher than the national appreciation rate of 8.27%. This shows that Echo's housing market has been strong and resilient despite fluctuations in the national economy. As such, owning real estate in Echo remains a great investment for those looking to grow their wealth and invest in their future.
The median home cost in Echo is $1,405,800. Home appreciation the last 10 years has been 157.2%. Home Appreciation in Echo is up 16.3%.
Average Age of Homes
- The median age of Echo real estate is 59 years old
The Rental Market in Echo
- Renters make up 17.1% of the Echo population
- 0.0% of houses and apartments in Echo, 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.