Utah Home Values & Market Trends

There have been 42,333 properties sold in the Utah real estate market trends. Median home values in the Utah housing market are $522,828.85. The median residential home value for transactions over the last 12 months is 280,712.789. The State of Utah currently has 745 properties in foreclosure, 12 bank owned properties, and 203 headed for auction.

Utah Real Estate Market Overview

CountyMedian Est. ValueCountyMedian Est. Value
Washington

$ 664,900

$ 299/sqft

Garfield

$ 450,000

$ 245/sqft

Salt Lake

$ 588,286

$ 408/sqft

Duchesne

$ 323,348

$ 226/sqft

Utah

$ 599,979

$ 322/sqft

Millard

$ 390,874

$ 129/sqft

Weber

$ 524,737

$ 330/sqft

Sanpete

$ 606,847

$ 251/sqft

Iron

$ 450,000

$ 192/sqft

Carbon

$ 190,147

$ 140/sqft

Davis

$ 515,691

$ 326/sqft

Rich

$ 653,095

$ --

Summit

$ 1,603,260

$ 878/sqft

Morgan

$ 667,800

$ 265/sqft

Cache

$ 509,286

$ 279/sqft

San Juan

$ 699,000

$ 408/sqft

Tooele

$ 500,573

$ 325/sqft

Juab

$ 573,878

$ 162/sqft

Wasatch

$ 1,518,468

$ 657/sqft

Daggett

$ 373,379

$ 328/sqft

Kane

$ 508,036

$ 211/sqft

Emery

$ 550,000

$ 407/sqft

Sevier

$ 399,900

$ 184/sqft

Beaver

$ --

$ --

Grand

$ 599,569

$ 519/sqft

Wayne

$ --

$ --

Box Elder

$ 442,245

$ 325/sqft

Piute

$ --

$ --

Uintah

$ 353,686

$ 227/sqft

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Housing Market Summary for Utah

Apr 2023March 2024Change
Median Listing Price$596.8K$515.4K-13.64%
Median Sold Price$517.6K$515.4K-0.42%
Homes For Sale2,6532,510-5.39%
Homes Sold28,31926,961-4.80%
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 2,617 properties for sale in Utah. The current home value ranges in price from 29,000 to 52,000,000. The total count of properties in the state is 937,647, and the percentage of properties for sale is 2617.00%.

Foreclosure
There are 29 counties within Utah; within these counties, the median estimated home value for homes in foreclosure ranges from $818,130 in Carbon to the lowest value of $52,718 in Carbon. Foreclosure homes account for 0.00% of properties in Utah with Utah containing 176 foreclosures, the highest number of foreclosure properties in a single county.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.06% of all residential properties in Utah with Utah containing 144 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 $2,577,455 in Summit to the lowest home value of $52,718 in Carbon.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Utah ranges from the highest value of $711,136 in Washington to the lowest value of $162,237 in Carbon. Bank owned homes and properties account for 0.00% of properties in Utah. There are 29 counties within Utah; Salt Lake containing 6 REO properties, has the highest number of bank owned properties in a single county.
  • Auctions
    Salt Lake has 70 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 $3,962,178 in Morgan to the lowest value of $150,606 in Morgan.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.28% of residential properties in Utah with Washington containing 763 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 $550,000 in Emery to the lowest value of $70,822 in Iron.
    Sold Homes
    The median value for recently sold homes ranges from $17,017,404 in Wasatch to the lowest price of $26,105 in Wasatch. There are 29 counties within Utah. Salt Lake has 9038 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 3.07% of properties in Utah.

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      Guide for Utah

      Market Reports
      Salt Lake City’s Real Estate Market Sees Average Property Values Drop in 2023-24
      gavel for real estate auction
      Home Buying Guides & Tips
      Utah Foreclosure Laws
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Home Buying Financing
      What To Consider Before Renting a RTO Home
      See More Articles
      Salt Lake City’s Real Estate Market Sees Average Property Values Drop in 2023-24
      Market Reports|posted 29 March 2024

      The Salt Lake City real estate market is experiencing significant shifts, as average property values have dropped citywide. However, neighbourhood trends vary, with West Valley City seeing a slight rise in property values, while others like North Salt Lake show a decline. This fluctuation highlights the importance of localized analysis in real estate investment.

      gavel for real estate auction
      Utah Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Utah Foreclosure Laws

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.