Sterling and Dolores Hardy sell 698 S. 525 W., Springville

The home at 698 S. 525 W., Springville was sold on May 8 by Sterling and Dolores Hardy for $484,300.

The buyers were Jake and Sharron Gilmore.

The property tax paid for this property in 2024 was $2,684. This is 0.6% of the assessed value of the home.

This property is one of 76 sales in Springville (Utah County) from April 8 to May 8.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.