Utah
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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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 Q3 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:
$276,876

Number Of Homes And Apartments:
923,020

Utah Home Prices

Value Range
> $1,327,000 1.0
$995,001 - $1,327,000 1.1
$663,001 - $995,000 4.2
$531,001 - $663,000 5.2
$398,001 - $531,000 12.4
$265,001 - $398,000 28.7
$133,001 - $265,000 38.1
$66,001 - $133,000 4.4
$0 - $66,000 4.9

Utah Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q2 - 2017 Q3
2.42% 10.05% 10
Last 12 Months:
2016 Q3 - 2017 Q3
10.09% 10.09% 10
Last 2 Years:
2015 Q3 - 2017 Q3
18.64% 8.92% 9
Last 5 Years:
2012 Q3 - 2017 Q3
42.99% 7.41% 9
Last 10 Years:
2007 Q3 - 2017 Q3
16.15% 1.51% 8
Since 2000:
2000 Q1 - 2017 Q3
86.69% 3.63% 6
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,327 / 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