AMERICAN FORK HOUSING MARKET INFORMATION With a population of 38,549, 10,780 total housing units (homes and apartments), and a median house value of $581,936, real estate costs in American Fork are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Utah communities. American Fork is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in American Fork than is found in 98% of the communities in America. The large homes that make up American Fork are primarily owner-occupied ( 66.73%). American Fork homes and real estate are some of the newest in America. 42.01% of American Fork'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 American Fork real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 37.49%), and between 1940-1969 ( 16.16%). There's also some housing in American Fork built before 1939 ( 4.34%). AMERICAN FORK HOME APPRECIATION RATES Appreciation rates for homes in American Fork have been tracking above average for the last ten years, according to 蘑菇视频 data. The cumulative appreciation rate over the ten years has been 114.36%, which ranks in the top 30% nationwide. This equates to an annual average American Fork house appreciation rate of 7.92%. Over the last year, American Fork appreciation rates have trailed the rest of the nation. In the last twelve months, American Fork's appreciation rate has been 6.03%, which is lower than appreciation rates in most communities in America. In the latest quarter, 蘑菇视频's data show that house appreciation rates in American Fork were at 0.50%, which equates to an annual appreciation rate of 2.01%. Relative to Utah, our data show that American Fork's latest annual appreciation rate is higher than 90% of the other cities and towns in Utah. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within American Fork differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in American Fork - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best American Fork real estate investment or home purchase decisions.