Median price for residential apartments in as of May, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
109 Bountiful, UT 84010, USA apartments for sale
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$425,000
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908 Madsen Lane, North Salt Lake, UT 84054, USA
5 Bed
1 Bath
Bountiful
According to statistics, the population in Bountiful, UT amounts to 43,568, which shows decline 0% compared to the previous year. The median age of the city’s residents is 34. The average household income is $69,611, shifting growth 6% from the past year, and the average property value in Bountiful, UT growth 7% to $274,700 throughout the year.
| Population | 43,568 |
| Median Age | 33.9 |
| Poverty Rate | 6% |
| Household Income | $69,611 |
| Number Of Employees | 19,733 |
| Median Property Value | $274,700 |
Household Income
The average household income in Bountiful, UT grew from $65,716 to $69,611 in the past year. This data is an estimate based upon 14,326 households in Bountiful, UT . The chart below presents how household income is distributed in Bountiful, UT in comparison to the revenue allocation amid households nationally.
- USA
- Bountiful, UT
Property Value
According to data from last year, the average property value in Bountiful, UT shifted from $257,300 to $274,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bountiful, UT in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bountiful, UT properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
- USA
- Bountiful, UT
Rent vs. Own
- Rent74%
- Own26%
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Bountiful, UT compared to median property taxes around the country. The prevalent amount of property taxes in Bountiful, UT equals $1750, which is less than the national average.
- USA
- Bountiful, UT
Housing Trends
Bountiful, UT 84010, USA Housing Trends
Average sale in Bountiful: $665,133 (+13.5%)
| Apartment Size | May | vs Last Month |
|---|---|---|
| 2 bed apartments | $389,900 | N/A |
| 3 bed apartments | $650,000 | +108.3% |
| 4+ bed apartments | $668,160 | -6.3% |
During May 2021, the average price for an apartment in/near Bountiful, UT increased by 13.5% to $665,133.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $389,900. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $650,000. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $668,160 for a big-family home.
| Listing Type | May | vs Last Month |
|---|---|---|
| Lofts for sale | $312,023 | N/A |
| Apartments for sale | $399,000 | N/A |
| Houses for sale | $665,133 | -12.3% |
| Duplexes for sale | $389,900 | N/A |
While assessing the property pricing Bountiful, UT, you can note that it remains flat with a price tag of $399,000. According to statistics, average house is still $665,133 with no significant changes this month. An average value of duplex is $389,900, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $312,023.
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