American Fork, UT Home Values & Market Trends

Real estate market trends reflect that there have been 538 transactions over the past year in American Fork. The median value for residential home transactions that occurred over the previous year is $518,315.71. The number of current listings in American Fork is 22, and the percentage of properties for sale in the city is 22.00%. American Fork, UT currently has 9 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 22 properties for sale.

American Fork, UT Real Estate Market Overview

ZipMedian Est. Value
84003

$ 670,000

$ 288/sqft

Housing Market Summary for American Fork, UT

Apr 2023March 2024Change
Median Listing Price$550K$493.3K-10.32%
Median Sold Price$560.5K$493.3K-12.00%
Homes For Sale2520-20.00%
Homes Sold456340-25.44%
Price
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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 American Fork, UT

American Fork home values range from $100,130 to $8,524,164. The median estimated value of a home in American Fork is $518,315.71. The median list price of a home is 589,750, and the total count of properties in the city is 10,220.

Foreclosure
There is 1 zips within American Fork, UT; within this zips, the median estimated home value for homes in foreclosure ranges from $1,809,029 in 84003 to the lowest value of $443,853 in 84003. Foreclosure homes account for 0.00% of properties in American Fork, UT with 84003 containing 10 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.08% of all residential properties in American Fork, UT with 84003 containing 9 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within American Fork, UT; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,809,029 in 84003 to the lowest home value of $443,853 in 84003.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in American Fork, 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 American Fork, UT. There is 1 zips within American Fork, UT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    84003 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of American Fork, UT. Auction homes and other auction properties account for 0.01% of all properties in American Fork, UT. There is 1 zips within American Fork, UT; of that zips, the median estimated home value for homes going to auction ranges from $460,691 in 84003 to the lowest value of $460,691 in 84003.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.22% of residential properties in American Fork, UT with 84003 containing 35 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within American Fork, UT; homes for sale in that zips, have a range of median values from $2,146,300 in 84003 to the lowest value of $258,584 in 84003.
    Sold Homes
    The median value for recently sold homes ranges from $3,551,357 in 84003 to the lowest price of $100,130 in 84003. There is 1 zips within American Fork, UT. 84003 has 526 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.49% of properties in American Fork, UT.

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      Guide for American Fork, UT

      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
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      See More Articles
      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

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Recently Listed Homes American Fork, UT

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