Richfield, UT Home Values & Market Trends
Real estate market trends reflect that there have been 78 transactions over the past year in Richfield. The median value for residential home transactions that occurred over the previous year is $339,547.6. The number of current listings in Richfield is 10, and the percentage of properties for sale in the city is 10.00%. Richfield, UT currently has 4 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 10 properties for sale.
Richfield, UT Real Estate Market Overview
Zip | Median Est. Value |
---|---|
84701 | $ 379,045 $ 146/sqft |
Housing Market Summary for Richfield, UT
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $320K | $329.5K | 2.98% |
Median Sold Price | $308.7K | $329.5K | 6.76% |
Homes For Sale | 6 | 9 | 50.00% |
Homes Sold | 83 | 68 | -18.07% |
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 Richfield, UT
Browse Homes in Richfield, UT
Richfield home values range from $22,404 to $2,847,195. The median estimated value of a home in Richfield is $339,547.6. The median list price of a home is 446,500, and the total count of properties in the city is 2,910.
- Pre-ForeclosurePre-foreclosure homes account for 0.10% of all residential properties in Richfield, UT with 84701 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Richfield, UT; of that zips, the estimated home value for pre-foreclosure homes ranges from $616,663 in 84701 to the lowest home value of $230,465 in 84701.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Richfield, 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 Richfield, UT. There is 1 zips within Richfield, UT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions84701 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Richfield, UT. Auction homes and other auction properties account for 0.03% of all properties in Richfield, UT. There is 1 zips within Richfield, UT; of that zips, the median estimated home value for homes going to auction ranges from $314,470 in 84701 to the lowest value of $314,470 in 84701.
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Guide for Richfield, 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.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.