Layton, UT Home Values & Market Trends
Real estate market trends reflect that there have been 892 transactions over the past year in Layton. The median value for residential home transactions that occurred over the previous year is $488,325.45. The number of current listings in Layton is 30, and the percentage of properties for sale in the city is 30.00%. Layton, UT currently has 10 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 30 properties for sale.
Layton, UT Real Estate Market Overview
Housing Market Summary for Layton, UT
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $563K | $489.6K | -13.03% |
| Median Sold Price | $487.6K | $489.6K | 0.42% |
| Homes For Sale | 39 | 28 | -28.21% |
| Homes Sold | 630 | 537 | -14.76% |
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 Layton, UT
Browse Homes in Layton, UT
Layton home values range from $30,728 to $12,142,839. The median estimated value of a home in Layton is $488,325.45. The median list price of a home is 485,850, and the total count of properties in the city is 20,153.
- Pre-ForeclosurePre-foreclosure homes account for 0.02% of all residential properties in Layton, UT with 84041 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Layton, UT; of those zips, the estimated home value for pre-foreclosure homes ranges from $498,887 in 84040 to the lowest home value of $391,906 in 84041.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Layton, 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 Layton, UT. There are 2 zips within Layton, UT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions84040 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Layton, UT. Auction homes and other auction properties account for 0.02% of all properties in Layton, UT. There are 2 zips within Layton, UT; of those zips, the median estimated home value for homes going to auction ranges from $1,147,556 in 84040 to the lowest value of $352,113 in 84040.
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Guide for Layton, 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.
Learn how a short sale can stop the foreclosure process.
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