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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Eagle Mountain, UT Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Eagle Mountain, UT Housing Market Trends

With 54,149 people, 9,860 houses or apartments, and a median cost of homes of $554,258, real estate costs in Eagle Mountain are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Utah communities.

Eagle Mountain is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Eagle Mountain than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Eagle Mountain. Owner-occupied housing accounts for 88.86% of Eagle Mountain's homes, and 63.99% have either three or four bedrooms, which is average sized relative to America.

Eagle Mountain homes and real estate are some of the newest in America. 90.11% of Eagle Mountain's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Eagle Mountain real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 9.36%), and before 1939 ( 0.45%).

Eagle Mountain Home Appreciation Rates

In the last 10 years, Eagle Mountain has experienced some of the highest home appreciation rates of any community in the nation. Eagle Mountain real estate appreciated 137.81% over the last ten years, which is an average annual home appreciation rate of 9.05%, putting Eagle Mountain in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Eagle Mountain definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Eagle Mountain appreciation rates have trailed the rest of the nation. In the last twelve months, Eagle Mountain's appreciation rate has been -2.84%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Eagle Mountain were at 2.01%, which equates to an annual appreciation rate of 8.29%.

Relative to Utah, our data show that Eagle Mountain's latest annual appreciation rate is lower than 60% 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 Eagle Mountain differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Eagle Mountain - 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 2000, to assist you in making the best Eagle Mountain real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$554,258

Eagle Mountain, UT Home Prices
> $1,461,000
$1,096,001 - $1,461,000
$731,001 - $1,096,000
$584,001 - $731,000
$438,001 - $584,000
$292,001 - $438,000
$146,001 - $292,000
$73,001 - $146,000
$0 - $73,000
0.5%
0.5%
1.7%
1.7%
14.8%
14.8%
18.7%
18.7%
34.8%
34.8%
22.6%
22.6%
5.0%
5.0%
0.2%
0.2%
1.8%
1.8%
0% 100.0%
% of Homes
High

for Utah

Very High

for nation

Number of Homes And Apartments:

9,860

Eagle Mountain Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,785 / per month

Homeownership Rate

Owners
Renters
Vacant
88.9%
88.9%
11.1%
11.1%
2.1%
2.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
90.1%
90.1%
9.4%
9.4%
0.1%
0.1%
0.4%
0.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
84.9%
84.9%
6.9%
6.9%
1.1%
1.1%
7.2%
7.2%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
0.7%
0.7%
4.4%
4.4%
35.2%
35.2%
28.8%
28.8%
31.0%
31.0%
0% 100.0%
% of Homes