Under 2% of Salt Lake home listings were EV friendly in 2023
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Homes with electric vehicle chargers could hold greater resale value as more car buyers make the switch, Realtor.com chief economist Danielle Hale says.
The big picture: Access to at-home EV charging is a rare and increasingly desirable amenity nationwide.
By the numbers: Just 1.6% of homes listings in the Salt Lake metro area last year were EV friendly, per Realtor.com and Cox Automotive's report.
Between the lines: Home chargers are often more convenient than public ones, and faster than charging cables that come with most EVs.
- The typical installation runs between $548 and $1,382, per HomeAdvisor.
State of play: Rocky Mountain Power offers eligible homeowners up to $200 off to install an EV charger.
Reality check: You've got time to install that charger. EV adoption hasn't been swift, Axios' Joann Muller reports.
The big picture: A small but growing share (0.9%) of U.S. homes listed on Realtor.com in 2023 were described as EV-friendly, up from 0.1% five years earlier.
- Home chargers are more common in areas with high EV ownership rates.
Note: Cox Automotive's parent company, Cox Enterprises, also owns Axios.