Utah
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Top Ten Highest Appreciating UT Cities Since 2000




Utah Real Estate Values & Housing Market Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$260,540

Number Of Homes And Apartments:
906,292

Utah Home Prices

Value Range
> $1,248,000 1.0
$936,001 - $1,248,000 1.1
$624,001 - $936,000 4.2
$499,001 - $624,000 5.2
$375,001 - $499,000 12.4
$250,001 - $375,000 28.7
$125,001 - $250,000 38.1
$62,001 - $125,000 4.4
$0 - $62,000 4.9

Utah Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2016 Q4 - 2017 Q1
2.45% 10.15% 10
Last 12 Months:
2016 Q1 - 2017 Q1
8.54% 8.54% 9
Last 2 Years:
2015 Q1 - 2017 Q1
16.03% 7.72% 9
Last 5 Years:
2012 Q1 - 2017 Q1
36.77% 6.46% 9
Last 10 Years:
2007 Q1 - 2017 Q1
13.46% 1.27% 8
Since 2000:
2000 Q1 - 2017 Q1
75.87% 3.38% 6
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,232 / per month

Homeownership Rate

Homeownership
Owners 68.36
Renters 31.64
Vacant 10.37

Housing Details

Age of Homes

AGE OF Utah HOMES
2000 or Newer 25.2
1970 - 1999 48.5
1940 - 1969 18.5
1939 or Older 7.7

Types of Homes

TYPE OF Utah HOMES
Single-Family 68.8
Townhomes 6.0
Small Apt. Buildings 7.6
Apt. Complexes 13.8
Mobile Homes 3.7
Other 0.1

Home Size

SIZE OF Utah HOMES
No Bedroom 1.44
1 Bedroom 7.16
2 Bedrooms 20.17
3 Bedrooms 30.25
4 Bedrooms 21.76
5 or more bedrooms 19.23