Ogden appreciation rates and housing market information

Ogden housing market information

With 77,240 people, 29,778 houses or apartments, and a median cost of homes of $169,887, Ogden real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Ogden, accounting for 60.95% of the city's housing units. Other types of housing that are prevalent in Ogden include large apartment complexes or high rise apartments (16.50%), duplexes, homes converted to apartments, or other small apartment buildings (14.93%), row houses and other attached homes (5.08%), and a few mobile homes or trailers (2.54%).

People in Ogden primarily live in small (one, two, or no bedroom) single-family detached homes. Ogden has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Ogden's housing was primarily built during this period, from the '40s through the '60s. A full 46.18% of the city's housing hails from this era. Other housing ages represented in Ogden include homes built between 1970-1994 (24.50%), and housing constructed from 1939 and earlier (20.82%). There's also some housing in Ogden built between 1995 and later (8.50%).

Ogden home appreciation rates

Ogden's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Ogden during the period has been just 4.20%, which is lower than % of US communities.

Over the last year, Ogden appreciation rates have trailed the rest of the nation. In the last twelve months, Ogden's appreciation rate has been -2.46%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ogden were at -1.14%, which equates to an annual appreciation rate of -4.56%.

Notably, Ogden's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Utah, our data show that Ogden's latest annual appreciation rate is higher than 62% of the other cities and towns in Utah.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Ogden differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Ogden - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Ogden real estate investment or home purchase decisions.