Saratoga Springs, UT Home Values & Market Trends

Real estate market trends reflect that there have been 576 transactions over the past year in Saratoga Springs. The median value for residential home transactions that occurred over the previous year is $598,169.86. The number of current listings in Saratoga Springs is 46, and the percentage of properties for sale in the city is 46.00%. Saratoga Springs, UT currently has 20 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 46 properties for sale.

Saratoga Springs, UT Real Estate Market Overview

ZipMedian Est. Value
84045

$ 619,462

$ 270/sqft

Housing Market Summary for Saratoga Springs, UT

Apr 2023March 2024Change
Median Listing Price$600K$580.2K-3.30%
Median Sold Price$619K$580.2K-6.28%
Homes For Sale4835-27.08%
Homes Sold410319-22.20%
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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 Saratoga Springs, UT

Saratoga Springs home values range from $88,690 to $4,230,451. The median estimated value of a home in Saratoga Springs is $598,169.86. The median list price of a home is 630,000, and the total count of properties in the city is 12,432.

Foreclosure
There is 1 zips within Saratoga Springs, UT; within this zips, the median estimated home value for homes in foreclosure ranges from $1,471,882 in 84045 to the lowest value of $316,748 in 84045. Foreclosure homes account for 0.00% of properties in Saratoga Springs, UT with 84045 containing 20 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.14% of all residential properties in Saratoga Springs, UT with 84045 containing 17 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Saratoga Springs, UT; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,471,882 in 84045 to the lowest home value of $316,748 in 84045.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Saratoga Springs, 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 Saratoga Springs, UT. There is 1 zips within Saratoga Springs, UT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    84045 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Saratoga Springs, UT. Auction homes and other auction properties account for 0.02% of all properties in Saratoga Springs, UT. There is 1 zips within Saratoga Springs, UT; of that zips, the median estimated home value for homes going to auction ranges from $572,416 in 84045 to the lowest value of $335,864 in 84045.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.37% of residential properties in Saratoga Springs, UT with 84045 containing 46 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Saratoga Springs, UT; homes for sale in that zips, have a range of median values from $2,800,000 in 84045 to the lowest value of $330,000 in 84045.
    Sold Homes
    The median value for recently sold homes ranges from $2,555,491 in 84045 to the lowest price of $88,690 in 84045. There is 1 zips within Saratoga Springs, UT. 84045 has 367 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.00% of properties in Saratoga Springs, UT.

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      Guide for Saratoga Springs, 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
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Home Buying Financing
      What To Consider Before Renting a RTO Home
      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 new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Recently Listed Homes Saratoga Springs, UT

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