Utah
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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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 Q3 2018. 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:
$301,684

Number Of Homes And Apartments:
918,367

Utah Home Prices

Value Range
> $1,374,000 1.2
$1,030,546 - $1,374,000 1.3
$686,831 - $1,030,545 4.6
$549,546 - $686,830 5.9
$412,237 - $549,545 13.3
$274,821 - $412,236 29.2
$137,429 - $274,820 35.9
$68,629 - $137,428 4.1
$0 - $68,628 4.6

Utah Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q2 - 2018 Q3
2.55% 10.61%
10
Last 12 Months:
2017 Q3 - 2018 Q3
10.44% 10.44%
10
Last 2 Years:
2016 Q3 - 2018 Q3
21.63% 10.29%
10
Last 5 Years:
2013 Q3 - 2018 Q3
45.62% 7.81%
9
Last 10 Years:
2008 Q3 - 2018 Q3
33.66% 2.94%
9
Since 2000:
2000 Q1 - 2018 Q3
105.76% 3.98%
7
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,413 / 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