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 a population of 2,185, 576 total housing units (homes and apartments), and a median house value of $675,912, 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 86.04% of the city's housing units. Other types of housing that are prevalent in Kamas include mobile homes or trailers ( 7.31%), duplexes, homes converted to apartments or other small apartment buildings ( 3.41%), and a few large apartment complexes or high rise apartments ( 2.92%).
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 81.60% of Kamas's homes, and 65.26% 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. 48.05% 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 ( 30.03%), and before 1939 ( 12.34%). There's also some housing in Kamas built between 1940-1969 ( 9.58%).
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 135.37% over the last ten years, which is an average annual home appreciation rate of 8.94%, 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.
Over the last year, Kamas appreciation rates have trailed the rest of the nation. In the last twelve months, Kamas's appreciation rate has been 3.99%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Kamas were at 0.63%, which equates to an annual appreciation rate of 2.55%.
Relative to Utah, our data show that Kamas's latest annual appreciation rate is higher than 50% of the other cities and towns in Utah.
$675,912
for Utah
for nation
576
$1,798 / per month