Provo, UT 84606 - Real Estate Investment Insights & Performance Data

Welcome to our 84606 real estate data hub, tailored for investors in Provo, 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 84606 in Provo, 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 Provo, UT real estate investing. Uncover the wealth of information available, and position yourself for success in the Provo property market.

• Location Overview

  • Zip Code: 84606
  • City: Provo
  • State: UT
  • Metro Area: Provo-Orem, UT
  • County Name: UTAH COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $406,917
  • Average Home Price (Single Family Homes): $433,202
  • Average Monthly Rental Price (All Types): $1,097
  • Price-to-Rent Ratio: 31
  • Zillow Projected % appreciation from 4/2023-4/2024: 1%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,140
  • Average 3 Bedroom Section 8 Rental Rates: $1,620
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 29.75
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 20.93
  • 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%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 567.75
  • Total % Appreciation since 2000 (Government Data): 203.97
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.49%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -0.84%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 35.29%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 57.66%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 135.35%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 96.74%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 157.3%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -1.06%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 11.55%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%