Taylorsville, UT Real Estate 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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Taylorsville Housing Market Information

With 59,805 people, 19,950 houses or apartments, and a median cost of homes of $317,201, Taylorsville real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Taylorsville, accounting for 63.43% of the city's housing units. Other types of housing that are prevalent in Taylorsville include large apartment complexes or high rise apartments ( 19.50%), duplexes, homes converted to apartments or other small apartment buildings ( 6.49%), and a few row houses and other attached homes ( 5.92%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Taylorsville. Owner-occupied housing accounts for 68.89% of Taylorsville's homes, and 52.41% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Taylorsville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Taylorsville built between 1940-1969 ( 13.24%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.32%).

Taylorsville Home Appreciation Rates

In the last 10 years, Taylorsville has experienced some of the highest home appreciation rates of any community in the nation. Taylorsville real estate appreciated 77.44% over the last ten years, which is an average annual home appreciation rate of 5.90%, putting Taylorsville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Taylorsville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Taylorsville that despite a nationwide downturn in the housing market, Taylorsville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Taylorsville appreciation rates continue to be some of the highest in America, at 6.65%, which is higher than appreciation rates in 92.41% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Taylorsville. Taylorsville appreciation rates in the latest quarter were at 2.85%, which equates to an annual appreciation rate of 11.90%.

Importantly, NeighborhoodScout’s exclusive research found that Taylorsville's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.

Relative to Utah, our data show that Taylorsville's latest annual appreciation rate is higher than 50% of the other cities and towns in Utah.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Taylorsville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Taylorsville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Taylorsville real estate investment or home purchase decisions.

Average Home Values

 
info

Median Home Value:
$317,201

Taylorsville, UT HOME PRICES

> $1,403,000
0.6%
0.6%
$1,052,001 - $1,403,000
0.3%
0.3%
$701,001 - $1,052,000
1.3%
1.3%
$561,001 - $701,000
3.5%
3.5%
$421,001 - $561,000
10.5%
10.5%
$281,001 - $421,000
41.9%
41.9%
$140,001 - $281,000
31.7%
31.7%
$70,001 - $140,000
1.6%
1.6%
$0 - $70,000
8.6%
8.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Average for UT

Value Relative To Nation

Number Of Homes And Apartments:
19,950

Taylorsville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
UT*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
118.05% 3.83%
8
9
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,554 / per month

Homeownership Rate

Owners
68.9%
68.9%
Renters
31.1%
31.1%
Vacant
3.6%
3.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
10.3%
10.3%
1970 - 1999
75.9%
75.9%
1940 - 1969
13.2%
13.2%
1939 or Older
0.6%
0.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
63.4%
63.4%
Townhomes
5.9%
5.9%
Small Apt. Buildings
6.5%
6.5%
Apt. Complexes
19.5%
19.5%
Mobile Homes
4.7%
4.7%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.2%
1.2%
1 Bedroom
8.5%
8.5%
2 Bedrooms
21.3%
21.3%
3 Bedrooms
26.8%
26.8%
4 Bedrooms
25.6%
25.6%
5 or more bedrooms
16.5%
16.5%
0.0% 100.0%
% OF HOMES