Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 2,145 people, 550 houses or apartments, and a median cost of homes of $866,493, Kamas house prices are not only among the most expensive in Utah, Kamas real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Kamas, accounting for 84.33% of the city's housing units. Other types of housing that are prevalent in Kamas include mobile homes or trailers ( 5.50%), large apartment complexes or high rise apartments ( 5.17%), and a few row houses and other attached homes ( 3.00%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kamas. Owner-occupied housing accounts for 83.27% of Kamas's homes, and 64.50% have either three or four bedrooms, which is average sized relative to America.
Kamas homes and real estate are some of the newest in America. 52.33% of Kamas's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Kamas real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 23.67%), and before 1939 ( 17.00%). There's also some housing in Kamas built between 1940-1969 ( 7.00%).
In the last 10 years, Kamas has experienced some of the highest home appreciation rates of any community in the nation. Kamas real estate appreciated 153.94% over the last ten years, which is an average annual home appreciation rate of 9.77%, putting Kamas in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Kamas definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Kamas that despite a nationwide downturn in the housing market, Kamas real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Kamas appreciation rates continue to be some of the highest in America, at 5.75%, which is higher than appreciation rates in 78.68% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Kamas. Kamas appreciation rates in the latest quarter were at 0.95%, which equates to an annual appreciation rate of 3.86%.
Relative to Utah, our data show that Kamas's latest annual appreciation rate is higher than 90% of the other cities and towns in Utah.
$866,493
for Utah
for nation
550
$2,030 / per month