Welcome to DraperHomesforSale.com! Our goal with this site is to provide the information needed to make a smart decision when buying Real Estate in Draper. From general information to latest market statistics, this site will help you find what you are looking for.
Draper has hundreds of homes for sale. Most of the properties listed on the MLS are single family residential houses, but nearly 30 percent of the listed properties are either condos or townhomes. Real Estate prices in Draper have drastically dropped over the past five years, but home prices are far above Utah averages. The average price of homes for sale in Draper is $443,923. The least expensive condominiums usually start in the low $100′s. Draper has more than a dozen Luxury Homes priced at more than One Million dollars.
Short Sales and Foreclosures
Largely in part by the decline in home values over the past half decade, the number of short sales and foreclosures in Draper Utah is quite high. Foreclosures aren’t limited to beat up old houses either, there are a good number of high end, upscale, mansions that are in some state of the foreclosure status whether it be short sale, REO, or Bank Owned. More than 20% of the listed homes in Draper are distressed.
Interesting Information About Draper Utah
Draper Utah is an upscale suburb south of Salt Lake City, and partially into Utah County. Draper has grown very quickly over the past two decades. In 1990 the population was just 7,257. According to the census, the population was 42,274 in 2010. Because there has been so much growth in Draper, many of the properties for sale are newer homes. Most of the houses for sale are less than 10 years old.
Draper is technically home to the Utah State Prison, this is the largest employer in Draper. Other large employers in Draper include E-Bay, and 1-800 Contacts.
Draper Utah Real Estate