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 Q4 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$303,215

Number Of Homes And Apartments:
938,365

Utah Home Prices

Value Range
> $1,318,000 1.3
$988,555 - $1,318,000 1.5
$658,969 - $988,554 5.3
$527,071 - $658,968 6.8
$395,450 - $527,070 15.0
$263,541 - $395,449 30.2
$131,890 - $263,540 31.9
$66,001 - $131,889 3.5
$0 - $66,000 4.4

Utah Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q3 - 2018 Q4
1.28% 5.23%
9
Last 12 Months:
2017 Q4 - 2018 Q4
10.57% 10.57%
10
Last 2 Years:
2016 Q4 - 2018 Q4
21.76% 10.35%
10
Last 5 Years:
2013 Q4 - 2018 Q4
45.71% 7.82%
9
Last 10 Years:
2008 Q4 - 2018 Q4
35.72% 3.10%
9
Since 2000:
2000 Q1 - 2018 Q4
108.54% 4.00%
8
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,331 / per month

Homeownership Rate

Homeownership
Owners 68.55
Renters 31.45
Vacant 10.34

Housing Details

Age of Homes

AGE OF Utah HOMES
2000 or Newer 27.1
1970 - 1999 47.5
1940 - 1969 18.0
1939 or Older 7.4

Types of Homes

TYPE OF Utah HOMES
Single-Family 68.8
Townhomes 6.1
Small Apt. Buildings 7.5
Apt. Complexes 14.1
Mobile Homes 3.5
Other 0.1

Home Size

SIZE OF Utah HOMES
No Bedroom 1.65
1 Bedroom 6.91
2 Bedrooms 19.83
3 Bedrooms 29.71
4 Bedrooms 22.08
5 or more bedrooms 19.81