The housing market in 84521 Elmo, UT is hot and rapidly appreciating. The median value of homes in this area is $191,500, which is significantly lower than the US median value of $338,100. This makes Elmo an attractive option for buyers looking for more affordable housing. The 1 year appreciation rate for homes in this area has been 13.51%, far higher than the national average of 8.27%. This indicates that housing in Elmo is very much in demand and could continue to increase in value over the coming years.
The median home cost in Elmo (zip 84521) is $191,500. Home appreciation the last 10 years has been 134.7%. Home Appreciation in Elmo (zip 84521) is up 19.0%.
Average Age of Homes
- The median age of Elmo (zip 84521) real estate is 39 years old
The Rental Market in Elmo (zip 84521)
- Renters make up 21.1% of the Elmo (zip 84521) population
- 5.0% of houses and apartments in Elmo (zip 84521), 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.