Millcreek, UT is currently experiencing a buyer’s market, making it the perfect time for potential homebuyers. With a median listing home price of $702.4K and a year-over-year price trend showing an 8.1% increase, Millcreek offers affordable options for those looking to invest in real estate. Homes in Millcreek are selling for an average of 7.85% below asking price, and properties are spending an average of 36 days on the market, indicating a quick turnaround. With top-rated public schools and a multitude of amenities, Millcreek is an attractive location for families and individuals alike.
Real Estate Highlights in Millcreek, UT
The median listing home price in Millcreek, UT in August 2023 is $702.4K, with a year-over-year price trend showing an increase of 8.1%. The Millcreek, UT real estate market is experiencing positive growth, making it an attractive area for potential buyers. Despite the increase in home prices, Millcreek, UT still offers housing affordability compared to other areas. The median listing home price per square foot is $327, and the median home sold price is $694.7K. This indicates that there are a variety of options available for buyers at different price points. With a balanced market, buyers have the opportunity to find their ideal home in Millcreek, UT without facing excessive competition. Overall, the real estate market trends in Millcreek, UT indicate a favorable environment for buyers and a promising investment opportunity.
Millcreek, UT Housing Market Overview
With an average of 7.85% below asking price, homes in Millcreek, UT are selling for less than their listed price. The current housing market trends in Millcreek, UT indicate a buyer’s market, providing potential investment opportunities. In August 2023, the sale-to-list price ratio was 92.15%, suggesting that buyers have negotiating power in the market. The median listing home price in Millcreek, UT was $702.4K, with a year-over-year price trend showing an increase of 8.1%. The median listing home price per square foot was $327, while the median sold price was $694.7K. Additionally, homes in Millcreek, UT spent an average of 36 days on the market. These factors contribute to the affordability and potential investment appeal of the Millcreek, UT housing market.
Top Schools in Millcreek, UT
Public schools in Millcreek, UT have achieved good ratings based on various indicators, including test scores and college readiness. The education system in Millcreek, UT has had a positive impact on the housing market in the area. Homebuyers often consider the quality of schools when making a decision about where to live, and the top schools in Millcreek, UT make it an attractive neighborhood for families. These schools have consistently demonstrated strong performance indicators, showcasing their commitment to providing a high-quality education to students. When compared to other neighborhoods in the area, Millcreek, UT’s schools stand out for their excellence. The combination of top-rated schools and abundant amenities in Millcreek, UT make it a desirable place to live for those seeking a well-rounded community.
Abundant Amenities in Millcreek, UT
There are dozens of grocery stores and hundreds of cafes and restaurants available in the area surrounding Millcreek, providing residents with a wide range of options for dining and shopping. Whether you’re looking for everyday essentials or specialty items, you’ll find plenty of shopping options to meet your needs. From large supermarkets to local farmers markets, Millcreek has it all. Additionally, the abundance of cafes and restaurants ensures that residents have a diverse selection of culinary experiences to choose from. Whether you’re in the mood for international cuisine, fast food, or a cozy coffee shop, you’ll find it in Millcreek. In addition to the shopping and dining options, Millcreek also offers a variety of recreational facilities. With numerous parks, hiking trails, and sports fields, residents have plenty of opportunities to stay active and enjoy the outdoors. Whether you’re into jogging, cycling, or simply relaxing in a green space, Millcreek has something for everyone.
Newest Listings in Millcreek, UT
Residents of Mount Olympus, the newest neighborhood in Millcreek, can expect a median listing home price of $1.2 million. This makes Mount Olympus one of the most sought-after neighborhoods in Millcreek, UT. With its stunning views and proximity to outdoor recreational activities, it’s no wonder why home prices are higher in this area.
In addition to the beautiful homes, Millcreek, UT also offers a diverse selection of the best restaurants and cafes. Residents can find a wide range of cuisine options, from local favorites to international flavors. Whether you’re in the mood for a cozy brunch spot or a fine dining experience, Millcreek has it all.
Furthermore, the abundance of amenities in Millcreek, UT extends beyond just restaurants and cafes. The neighborhood is home to numerous grocery stores, parks, and gyms, providing convenience and opportunities for an active lifestyle.
Overall, Mount Olympus and Millcreek, UT offer a desirable living experience with its stunning homes, diverse culinary scene, and plentiful amenities.
Desirable Neighborhoods in Millcreek, UT
Mount Olympus and East Millcreek are two of the most desirable neighborhoods in Millcreek, UT, known for their stunning homes and attractive median listing home prices. Located in the picturesque Millcreek area, these neighborhoods offer a range of housing options that cater to different preferences and budgets. The Mount Olympus neighborhood boasts a median listing home price of $1.2 million, making it an ideal choice for those seeking luxury living. On the other hand, the East Millcreek neighborhood offers a slightly more affordable median listing home price of $848,800, while still maintaining the charm and desirability of the area. Both neighborhoods provide residents with easy access to amenities such as parks, schools, and shopping centers, making them highly sought-after locations in Millcreek, UT.