Utah
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

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 Q4 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$279,746

Number Of Homes And Apartments:
918,367

Utah Home Prices

Value Range
> $1,272,000 0.6
$954,001 - $1,272,000 1.5
$636,001 - $954,000 5.2
$509,001 - $636,000 6.5
$382,001 - $509,000 14.4
$255,001 - $382,000 29.8
$127,001 - $255,000 33.4
$64,001 - $127,000 3.6
$0 - $64,000 4.5

Utah Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q3 - 2017 Q4
1.15% 4.67%
7
Last 12 Months:
2016 Q4 - 2017 Q4
10.14% 10.14%
10
Last 2 Years:
2015 Q4 - 2017 Q4
18.37% 8.80%
9
Last 5 Years:
2012 Q4 - 2017 Q4
42.28% 7.31%
9
Last 10 Years:
2007 Q4 - 2017 Q4
16.64% 1.55%
8
Since 2000:
2000 Q1 - 2017 Q4
88.89% 3.65%
6
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,290 / per month

Homeownership Rate

Homeownership
Owners 68.48
Renters 31.52
Vacant 10.32

Housing Details

Age of Homes

AGE OF Utah HOMES
2000 or Newer 26.1
1970 - 1999 48.1
1940 - 1969 18.2
1939 or Older 7.5

Types of Homes

TYPE OF Utah HOMES
Single-Family 69.0
Townhomes 6.0
Small Apt. Buildings 7.6
Apt. Complexes 13.8
Mobile Homes 3.6
Other 0.1

Home Size

SIZE OF Utah HOMES
No Bedroom 1.52
1 Bedroom 7.03
2 Bedrooms 19.99
3 Bedrooms 30.05
4 Bedrooms 21.89
5 or more bedrooms 19.52