84337, Tremonton, UT

Tremonton, Utah is located in the Salt Lake City metropolitan area and has a population of just over 10,000 people. The 84337 zip code covers just over 2 square miles and has a median home value of $207,000. Home prices have been increasing steadily in Tremonton since 2006, when the median home value was just under $160,000. In 2016, the median home value reached an all-time high of $227,500.

The main drivers of home price growth in Tremonton are strong demand from local buyers and limited supply of homes for sale. Local buyers are attracted to Tremonton's low crime rates and excellent schools. In addition, many families are looking for affordable housing close to major employment centers such as downtown Salt Lake City and the University of Utah.

While home prices in Tremonton continue to rise rapidly, there is some concern that this trend may not continue indefinitely. Several factors could cause prices to decline including increased interest rates or a decrease in demand from local buyers. If these events occur, it is likely that prices will fall below their 2006 level rather quickly in Tremonton.