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Bankruptcy Homes in Panguitch, UT

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Home Value Estimator For Panguitch, UT

There are currently 748 real estate properties in Panguitch, UT, with a median automated valuation model (AVM) price of $466,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Panguitch, UT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Panguitch, UT, is $535,538.00, with the most expensive house in Panguitch, UT, topping out at $5,597,418.00 and the cheapest home in Panguitch, UT, clocking in at $31,450.00. In other words, there’s something for every potential homebuyer or savvy investor in Panguitch, UT!


Rent Prices In Panguitch, UT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Panguitch, UT, is on a rollercoaster ride. The average rent price in Panguitch, UT, is $1,478.00. Indeed, when looking to rent in Panguitch, UT, you can expect to pay as little as $730.00 or as much as $1,960.00, with the average rent median estimated to be $1,460.00. The good news is that finding an affordable and desirable property to rent in Panguitch, UT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Panguitch, UT In 2024

Panguitch is located in Garfield, Utah, with an estimated municipal population of 1,682 residents. All of the best foreclosed homes for sale in Panguitch are located in the following zip code areas on Foreclosure.com: 84759. The estimated population per square kilometer (.62 miles) in Panguitch is 223.


Cost Of Living In Panguitch, UT

So, about how much do homes cost in Panguitch? The most recent median value of resident-owned homes in Panguitch is 158,113. An estimated 87.1 percent of households in Panguitch own their homes, with an average family size of 3.52. The median household income in Panguitch is 51,250, with21.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Panguitch, the median commute time of resident workers (in minutes) is 15.6. And last, but certainly not least, are you looking for homes to rent in Panguitch? If so, the average rent price paid by renters in Panguitch is 706, according to recent statistics.


Diversity And Demographics In Panguitch, Utah

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Panguitch, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Panguitch is 36.6, split between 49.1 percent male versus 50.9 female. The percentage of residents who report being married in Panguitch is 56.5, with an average family size of 3.52.

The percentage of residents who report their race in Panguitch is as follows:

White 91.8%
Black / African American 0.4%
Asian 0%
American Indian / Alaskan Native 4.8%
Native Hawaiian / Other Pacifc Islander 0.3%
Multi-racial 1.2%
Other 1.4%

Looking for family-friendly neighborhoods in and/or near Panguitch? Or maybe you are searching for 55+ active adult communities in and/or near Panguitch?

The percentage of residents who report their age in Panguitch is as follows:

Under 10 15.4%
Aged 10-19 18.7%
20s 8.1%
30s 13.6%
40s 9.7%
50s 11.1%
60s 12%
70s 5.5%
80+ 5.9%

Best Schools In Panguitch, Utah

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Panguitch with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Panguitch.


Pros And Cons Of Living In Panguitch, Utah

How do you know that living in -- or moving to -- Panguitch is right where you need to be? Perhaps you grew up in Panguitch or already live nearby; therefore, the decision to buy a home in Panguitch is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Panguitch for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Panguitch:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Panguitch.


Reasons To Move To Panguitch, Utah, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Panguitch can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Panguitch, meanwhile, can field multiple offers from more qualified buyers.

Panguitch, UT Bankruptcy Homes


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