Utah Home Values & Market Trends

There have been 42,581 properties sold in the Utah real estate market trends. Median home values in the Utah housing market are $516,672.45. The median residential home value for transactions over the last 12 months is 277,303.009. The State of Utah currently has 421 properties in foreclosure, 13 bank owned properties, and 179 headed for auction.

Utah Real Estate Market Overview

CountyMedian Est. ValueCountyMedian Est. Value
Washington

$ 680,000

$ 298/sqft

Duchesne

$ 332,102

$ 223/sqft

Salt Lake

$ 544,209

$ 388/sqft

Garfield

$ 536,675

$ 240/sqft

Utah

$ 597,000

$ 320/sqft

Millard

$ 589,000

$ --

Weber

$ 450,000

$ 333/sqft

Sanpete

$ 497,500

$ 278/sqft

Iron

$ 445,718

$ 190/sqft

San Juan

$ 649,000

$ 351/sqft

Davis

$ 523,930

$ 326/sqft

Carbon

$ 228,166

$ 170/sqft

Summit

$ 1,890,000

$ 902/sqft

Morgan

$ 547,927

$ 371/sqft

Cache

$ 484,737

$ 255/sqft

Juab

$ 479,524

$ 280/sqft

Tooele

$ 517,878

$ 313/sqft

Daggett

$ 399,999

$ 346/sqft

Wasatch

$ 1,064,900

$ 570/sqft

Rich

$ 474,882

$ --

Box Elder

$ 434,945

$ 317/sqft

Emery

$ 349,587

$ 231/sqft

Kane

$ 496,130

$ 226/sqft

Beaver

$ --

$ --

Sevier

$ 429,900

$ 163/sqft

Wayne

$ --

$ --

Grand

$ 649,168

$ 543/sqft

Piute

$ --

$ --

Uintah

$ 375,000

$ 227/sqft

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Housing Market Summary for Utah

Mar 2023February 2024Change
Median Listing Price$600K$511.3K-14.77%
Median Sold Price$522.5K$511.3K-2.13%
Homes For Sale2,2582,3765.23%
Homes Sold28,61130,2015.56%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Utah

There are currently 2,566 properties for sale in Utah. The current home value ranges in price from 29,000 to 31,000,000. The total count of properties in the state is 937,604, and the percentage of properties for sale is 2566.00%.

Foreclosure
There are 29 counties within Utah; within these counties, the median estimated home value for homes in foreclosure ranges from $895,691 in Carbon to the lowest value of $38,450 in Carbon. Foreclosure homes account for 0.00% of properties in Utah with Utah containing 94 foreclosures, the highest number of foreclosure properties in a single county.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.02% of all residential properties in Utah with Utah containing 61 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 29 counties within Utah; of those counties, the estimated home value for pre-foreclosure homes ranges from $3,158,434 in Juab to the lowest home value of $38,450 in Carbon.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Utah ranges from the highest value of $704,206 in Davis to the lowest value of $171,771 in Carbon. Bank owned homes and properties account for 0.00% of properties in Utah. There are 29 counties within Utah; Salt Lake containing 5 REO properties, has the highest number of bank owned properties in a single county.
  • Auctions
    Salt Lake has 52 auction properties, the highest number of properties going to auction in a single county in the state of Utah. Auction homes and other auction properties account for 0.02% of all properties in Utah. There are 29 counties within Utah; of those counties, the median estimated home value for homes going to auction ranges from $3,728,544 in Morgan to the lowest value of $187,103 in Morgan.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.27% of residential properties in Utah with Washington containing 828 homes for sale, the highest number of listed properties in a single county. There are 29 counties within Utah; homes for sale in those counties, have a range of median values from $1,053,473 in Morgan to the lowest value of $54,855 in Iron.
    Sold Homes
    The median value for recently sold homes ranges from $13,852,706 in Wasatch to the lowest price of $24,336 in Wasatch. There are 29 counties within Utah. Salt Lake has 9024 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 3.09% of properties in Utah.

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      Guide for Utah

      gavel for real estate auction
      Home Buying Guides & Tips
      Utah Foreclosure Laws
      A Luxury Mansion
      Investing Strategies
      Winning A Luxury Real Estate Auctions: Key Tips
      California
      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California
      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
      See More Articles
      gavel for real estate auction
      Utah Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Utah Foreclosure Laws

      A Luxury Mansion
      Winning A Luxury Real Estate Auctions: Key Tips
      Investing Strategies|posted 1 March 2024

      A few quick tips to prepare you for selling a luxury home at auction

      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California|posted 1 March 2024

      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.

      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
      California|posted 1 March 2024

      Santa Ana’s real estate market thrives with fluctuating median property values and diverse submarkets. Recent trends indicate potential opportunities for investors with varied budgets despite market volatility, enhanced by Santa Ana’s comparatively low foreclosure rates and value-for-money square foot pricing.