84720 Home Values & Market Trends
There are 82 homes currently listed for 84720. 84720 real estate market trends show that home prices range from $54,900 to $1,475,000, and the median sales price in the 84720 zip code is $505,525. The total number of properties sold within the past twelve months is 439. In 84720, 9 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.
Housing Market Summary for 84720
Oct 2023 | September 2024 | Change | |
---|---|---|---|
Median Listing Price | $464.4K | $495K | 6.58% |
Median Sold Price | $401.1K | $417.6K | 4.14% |
Homes For Sale | 64 | 87 | 35.94% |
Homes Sold | 376 | 329 | -12.50% |
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
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Browse Homes in 84720
The median list price of a home in Cedar City, is $505,525. A total of 82 properties are for sale, and the percentage of properties for sale in the zip code is 82.00%. The total count of 84720 properties is 419.
- Pre-ForeclosurePre-foreclosure homes account for 1.67% of all residential properties in 84720 with cedar city containing 12 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 84720; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,022,023 in cedar city to the lowest home value of $244,981 in cedar city.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 84720 ranges from the highest value of $392,112 in cedar city to the lowest value of $392,112 in cedar city. Bank owned homes and properties account for 0.24% of properties in 84720. There is 1 cities within 84720; cedar city containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionscedar city has 2 auction properties, the highest number of properties going to auction in a single city in the state of 84720. Auction homes and other auction properties account for 0.24% of all properties in 84720. There is 1 cities within 84720; of that cities, the median estimated home value for homes going to auction ranges from $419,839 in cedar city to the lowest value of $332,290 in cedar city.
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Guide for 84720
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.
In August 2024, Denver saw a 15% YoY rise in pre-foreclosures. Aurora had a 71% surge from July. Fort Collins showed stability with just 1 case, while Lakewood doubled YoY. Colorado Springs reported a 10% drop YoY. Each city reveals unique housing dynamics in Colorado.
In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles