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 Q2 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:
$290,857

Number Of Homes And Apartments:
918,367

Utah Home Prices

Value Range
> $1,327,376 1.2
$995,443 - $1,327,376 1.3
$663,906 - $995,442 4.6
$531,069 - $663,905 5.9
$398,335 - $531,068 13.3
$265,597 - $398,334 29.2
$132,749 - $265,596 35.9
$66,368 - $132,748 4.1
$0 - $66,367 4.6

Utah Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q1 - 2018 Q2
3.79% 16.05%
10
Last 12 Months:
2017 Q2 - 2018 Q2
10.29% 10.29%
10
Last 2 Years:
2016 Q2 - 2018 Q2
20.97% 9.99%
10
Last 5 Years:
2013 Q2 - 2018 Q2
45.28% 7.76%
9
Last 10 Years:
2008 Q2 - 2018 Q2
26.12% 2.35%
9
Since 2000:
2000 Q1 - 2018 Q2
100.33% 3.88%
7
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,378 / 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