Home prices
The value of the median home in Spring City is $198,000. Compared to its surrounding areas this is roughly $20,440 (11%) higher.Compared to the United States as a whole it is about $19,500 (8%) lower, and it is approximately $116,500 (37%) lower in comparison to the city of Salt Lake City.
Rents
In Spring City the median monthly rent is $881. This is approximately $88 (11%) higher compared to its nearby areas.In comparison to the rest of the nation it is approximately $181 (17%) lower, and compared to the city of Salt Lake City is roughly $104 (10%) lower.
Nearby places
Mount Pleasant
Mount Pleasant is approximately 4 miles north of Spring City. Its housing prices are a bit less expensive. The median home in Mount Pleasant is valued at $167,000, which works out to $31,000 (18%) lower than Spring City. The rent there is pretty similar. The median rent in Mount Pleasant is $914 a month, which is $33 (3%) higher than Spring City.
Moroni
Moroni is about 5 miles northwest of Spring City. Its housing prices are somewhat less expensive. The median home in Moroni costs $162,700, which is $35,300 (21%) lower than Spring City. Rent there is substantially less expensive. The median rent in Moroni is $658 per month, which works out to $223 (33%) lower than Spring City.
Ephraim
Ephraim is approximately 9 miles southwest from Spring City. The real estate prices there are somewhat more expensive. The median home cost in Ephraim is $219,000, which comes out to $21,000 (9%) higher than Spring City. Rent there is a bit less expensive. The median rent in Ephraim is $701 a month, which is $180 (25%) lower than Spring City.
Fairview
Fairview is approximately 10 miles north from Spring City. Its real estate prices are somewhat less expensive. The cost of the median home in Fairview is $168,800, which is $29,200 (17%) lower than Spring City. Rent there is somewhat more expensive. In Fairview the median monthly rent is $1,050, which comes out to $169 (16%) higher than Spring City.
Fountain Green
Fountain Green is approximately 12 miles northwest of Spring City. Its housing prices are a little less expensive. The median home price in Fountain Green is $170,300, which is $27,700 (16%) lower than Spring City. Rent there is significantly less expensive. In Fountain Green the median monthly rent is $641, which works out to $240 (37%) lower than Spring City.