84653 Home Values & Market Trends
There are 8 homes currently listed for 84653. 84653 real estate market trends show that home prices range from $362,900 to $2,250,000, and the median sales price in the 84653 zip code is $699,288.06. The total number of properties sold within the past twelve months is 169. In 84653, 5 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.
84653 Real Estate Market Overview
City | Median Est. Value |
---|---|
Salem | $ 626,500 $ 374/sqft |
Housing Market Summary for 84653
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $899.5K | $693.6K | -22.89% |
Median Sold Price | $630K | $693.6K | 10.10% |
Homes For Sale | 7 | 5 | -28.57% |
Homes Sold | 175 | 119 | -32.00% |
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 84653
Browse Homes in 84653
The median list price of a home in Salem, is $699,288.06. A total of 8 properties are for sale, and the percentage of properties for sale in the zip code is 8.00%. The total count of 84653 properties is 3,471.
- Pre-ForeclosurePre-foreclosure homes account for 0.12% of all residential properties in 84653 with salem containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 84653; of that cities, the estimated home value for pre-foreclosure homes ranges from $816,500 in salem to the lowest home value of $457,000 in salem.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 84653 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 84653. There is 1 cities within 84653; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionssalem has 1 auction properties, the highest number of properties going to auction in a single city in the state of 84653. Auction homes and other auction properties account for 0.03% of all properties in 84653. There is 1 cities within 84653; of that cities, the median estimated home value for homes going to auction ranges from $730,154 in salem to the lowest value of $730,154 in salem.
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Guide for 84653
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.
Learn how a short sale can stop the foreclosure process.
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