Nephi, UT Home Values & Market Trends
Real estate market trends reflect that there have been 0 transactions over the past year in Nephi. The median value for residential home transactions that occurred over the previous year is $471,694.38. The number of current listings in Nephi is 5, and the percentage of properties for sale in the city is 5.00%. Nephi, UT currently has 8 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 5 properties for sale.
Nephi, UT Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 84648 | $ 503,283 $ 337/sqft |
Housing Market Summary for Nephi, UT
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $530K | $0 | -100.00% |
| Median Sold Price | $0 | $0 | - |
| Homes For Sale | 5 | 1 | -80.00% |
| Homes Sold | 0 | 0 | - |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Nephi, UT
Browse Homes in Nephi, UT
Nephi home values range from $29,189 to $2,882,012. The median estimated value of a home in Nephi is $471,694.38. The median list price of a home is 569,900, and the total count of properties in the city is 2,263.
- Pre-ForeclosurePre-foreclosure homes account for 0.31% of all residential properties in Nephi, UT with 84648 containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Nephi, UT; of that zips, the estimated home value for pre-foreclosure homes ranges from $607,670 in 84648 to the lowest home value of $258,920 in 84648.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Nephi, UT ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Nephi, UT. There is 1 zips within Nephi, UT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions84648 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Nephi, UT. Auction homes and other auction properties account for 0.04% of all properties in Nephi, UT. There is 1 zips within Nephi, UT; of that zips, the median estimated home value for homes going to auction ranges from $350,784 in 84648 to the lowest value of $350,784 in 84648.
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Guide for Nephi, UT
The Salt Lake City real estate market is experiencing significant shifts, as average property values have dropped citywide. However, neighbourhood trends vary, with West Valley City seeing a slight rise in property values, while others like North Salt Lake show a decline. This fluctuation highlights the importance of localized analysis in real estate investment.
When house prices increase near good school, what options do home buyer have?
Information on foreclosure financing, refinancing, and foreclosure mortgages.