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 $522,830.29. The median residential home value for transactions over the last 12 months is 280,712.789. The State of Utah currently has 784 properties in foreclosure, 11 bank owned properties, and 206 headed for auction.
Utah Real Estate Market Overview
| County | Median Est. Value | County | Median Est. Value |
|---|---|---|---|
| Washington | $ 671,700 $ 299/sqft | Garfield | $ 446,687 $ 246/sqft |
| Salt Lake | $ 575,550 $ 400/sqft | Millard | $ 381,678 $ 129/sqft |
| Utah | $ 605,539 $ 320/sqft | Duchesne | $ 270,000 $ 228/sqft |
| Weber | $ 525,000 $ 327/sqft | Sanpete | $ 643,423 $ 272/sqft |
| Iron | $ 450,800 $ 191/sqft | Juab | $ 558,332 $ 315/sqft |
| Davis | $ 525,714 $ 335/sqft | Carbon | $ 210,000 $ 131/sqft |
| Summit | $ 1,603,260 $ 835/sqft | Morgan | $ 699,585 $ 327/sqft |
| Cache | $ 490,537 $ 258/sqft | Rich | $ 524,907 $ -- |
| Wasatch | $ 1,561,780 $ 659/sqft | San Juan | $ 699,000 $ 408/sqft |
| Tooele | $ 500,573 $ 330/sqft | Daggett | $ 373,379 $ 328/sqft |
| Kane | $ 470,477 $ 207/sqft | Emery | $ 550,000 $ 407/sqft |
| Box Elder | $ 434,854 $ 304/sqft | Beaver | $ -- $ -- |
| Sevier | $ 387,623 $ 173/sqft | Wayne | $ -- $ -- |
| Grand | $ 599,000 $ 519/sqft | Piute | $ -- $ -- |
| Uintah | $ 399,000 $ 232/sqft |
Housing Market Summary for Utah
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $596.8K | $515.4K | -13.64% |
| Median Sold Price | $517.6K | $515.4K | -0.42% |
| Homes For Sale | 2,653 | 2,510 | -5.39% |
| Homes Sold | 28,319 | 26,961 | -4.80% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Utah
Browse Homes in Utah
There are currently 2,725 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 937,733, and the percentage of properties for sale is 2725.00%.
- Pre-ForeclosurePre-foreclosure homes account for 0.06% of all residential properties in Utah with Utah containing 149 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 $143,668 in Iron.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Utah ranges from the highest value of $597,863 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; Box Elder containing 4 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsSalt Lake has 75 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 $52,718 in Morgan.
Compare Nearby Cities
More Real Estate Resources for Utah
Guide for Utah
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.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.
