Welcome to our 84003 real estate data hub, tailored for investors in American Fork, UT. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 84003 in American Fork, UT. Discover Section 8 housing opportunities and challenges to maximize your investment potential in UTAH COUNTY.
Leverage our comprehensive, zip code-specific data to excel in American Fork, UT real estate investing. Uncover the wealth of information available, and position yourself for success in the American Fork property market.
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Location Overview
- Zip Code: 84003
- City: American Fork
- State: UT
- Metro Area: Provo-Orem, UT
- County Name: UTAH COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $605,621
- Average Home Price (Single Family Homes): $613,905
- Average Monthly Rental Price (All Types): $2,048
- Price-to-Rent Ratio: 25
- Zillow Projected % appreciation from 4/2023-4/2024: 1.1%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,320
- Average 3 Bedroom Section 8 Rental Rates: $1,880
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 38.23
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 26.84
- Number of Units Offered in Section 8 in the County: 389
- Number of Occupied Units in Section 8 in the County: 370
- Percentage of Section 8 Units Occupied in the County: 95.19999695%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 488.13
- Total % Appreciation since 2000 (Government Data): 195.99
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -1.23%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -2.85%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 33.16%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 54.78%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 124.35%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 75.69%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 156.09%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -2.75%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%