Springville, UT 84663 - Real Estate Investment Insights & Performance Data

Welcome to our 84663 real estate data hub, tailored for investors in Springville, 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 84663 in Springville, 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 Springville, UT real estate investing. Uncover the wealth of information available, and position yourself for success in the Springville property market.

• Location Overview

  • Zip Code: 84663
  • City: Springville
  • State: UT
  • Metro Area: Provo-Orem, UT
  • County Name: UTAH COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $479,720
  • Average Home Price (Single Family Homes): $489,996
  • Average Monthly Rental Price (All Types): $1,815
  • Price-to-Rent Ratio: 22
  • Zillow Projected % appreciation from 4/2023-4/2024: 1.2%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,060
  • Average 3 Bedroom Section 8 Rental Rates: $1,510
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 37.71
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 26.47
  • 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): 501.23
  • Total % Appreciation since 2000 (Government Data): 186.2
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.51%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -1.88%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 33.75%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 56.57%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 136.61%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 84.72%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 147.89%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 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%