Providence, UT Home Values & Market Trends

Real estate market trends reflect that there have been 135 transactions over the past year in Providence. The median value for residential home transactions that occurred over the previous year is $514,057.98. The number of current listings in Providence is 5, and the percentage of properties for sale in the city is 5.00%. Providence, UT currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 5 properties for sale.

Providence, UT Real Estate Market Overview

ZipMedian Est. Value
84332

$ 544,519

$ 222/sqft

Housing Market Summary for Providence, UT

Apr 2023March 2024Change
Median Listing Price$459K$496.5K8.17%
Median Sold Price$464.3K$496.5K6.93%
Homes For Sale155-66.67%
Homes Sold12390-26.83%
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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%.

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Browse Homes in Providence, UT

Providence home values range from $82,251 to $3,501,428. The median estimated value of a home in Providence is $514,057.98. The median list price of a home is 529,900, and the total count of properties in the city is 2,899.

Foreclosure
There is 1 zips within Providence, UT; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Providence, UT with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Providence, UT with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Providence, UT; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Providence, 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 Providence, UT. There is 1 zips within Providence, UT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Providence, UT. Auction homes and other auction properties account for 0% of all properties in Providence, UT. There is 1 zips within Providence, UT; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.17% of residential properties in Providence, UT with 84332 containing 5 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Providence, UT; homes for sale in that zips, have a range of median values from $789,900 in 84332 to the lowest value of $350,000 in 84332.
    Sold Homes
    The median value for recently sold homes ranges from $2,076,999 in 84332 to the lowest price of $82,251 in 84332. There is 1 zips within Providence, UT. 84332 has 95 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.28% of properties in Providence, UT.

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      Guide for Providence, UT

      Market Reports
      Providence’s Real Estate Market Grows: Property Values Up 33% Last 12 Months
      Market Reports
      Salt Lake City’s Real Estate Market Sees Average Property Values Drop in 2023-24
      gavel for real estate auction
      Home Buying Guides & Tips
      Utah Foreclosure Laws
      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      See More Articles
      Providence’s Real Estate Market Grows: Property Values Up 33% Last 12 Months
      Market Reports|posted 1 April 2024

      The article provides a comprehensive analysis of the real estate market in Providence and nearby cities, highlighting the upward trend in property values and resilience of the market despite fluctuating sales.

      Salt Lake City’s Real Estate Market Sees Average Property Values Drop in 2023-24
      Market Reports|posted 29 March 2024

      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.

      gavel for real estate auction
      Utah Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Utah Foreclosure Laws

      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Recently Listed Homes Providence, UT

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