Home Value Trail

States › Utah

State

Utah

27 counties with an index · 11 metro and micro areas · 165 ZIP codes · 130 permit-issuing places · 3,538,904 residents (2025 est.)

FHFA quarterly index through 2026 Q2Annual index 1975–2025Permits through August 2026
FHFA all-transactions house price index for Utah, quarterly from 1975 to 2026 Q2, with the national index rebased to the same start and NBER recessions shadedRecession 1973–75Recession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202005001,00019801990200020102020United States2026: 865
Utah (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. The line is FHFA's standard quarterly all-transactions index; the comparison table uses FHFA's annual state index from the same family. The index does not give a dollar value for any home.

Utah's FHFA house price index starts in 1975. Through 2025 it has risen +1216.5%; over the ten years to 2025 the rise was +120.6% (+8.2% a year), well above the national +85.0%.

The quarterly index through 2026 Q2 is +2.6% on a year earlier and +0.8% on the quarter; nationally +3.0% and +1.1%.

The index peaked in 2007, fell −20.5% to 2011 and regained the peak in 2016; the national index fell −21.3% over 2007–2012.

25,666 housing units were authorised in Utah in the 12 months to August 2026, 7.3 per 1,000 residents against 4.1 nationally; that is +3.4% on the previous 12 months. 27 counties, 11 metro and micro areas, 165 ZIP codes and 130 permit-issuing places in the state have their own pages.

+2.6%year to 2026 Q2, quarterly indexUS +3.0%
+2.4%1 year, 2024–2025US +2.8%
+52.6%5 yearsUS +47.0%
+120.6%10 years+8.2% a year annualised
+222.3%since 2000US +158.3%
25,666units permitted, 12 months7.3 per 1,000 residents · US 4.1

Same span, state and nation

Change in the FHFA indexUtahUnited States
1 year (2024–2025)+2.4%+2.8%
5 years (2020–2025)+52.6%+47.0%
10 years (2015–2025)+120.6%+85.0%
20 years (2005–2025)+172.9%+79.1%
Since 2000+222.3%+158.3%
Since 1975+1216.5%+960.7%
10-year annualised+8.2%+6.3%
20-year annualised+5.1%+3.0%

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+17.0%+68.2%
1990s (1990–2000)+93.9%+33.9%
2000s (2000–2010)+28.5%+29.7%
2010s (2010–2020)+64.4%+35.5%
2020s so far (2020–2025)+52.6%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
20072011−20.5%2016

Purchase-only index

FHFA also publishes a purchase-only index, built from sales prices alone (no refinance appraisals). It starts in 1991 and is drawn here on its own base.

FHFA purchase-only house price index for Utah, quarterly, with the national purchase-only index rebased to the same startRecession 1990–91Recession 2001Recession 2007–09Recession 202002004006008001995200020052010201520202025United States, purchase-only2026: 737
Utah, purchase-only (100 = first year)United States, purchase-only, rebased to the same startNBER recession

Counties

Ranked by ten-year change in FHFA's annual county index to 2025. Permits are housing units authorised in the 12 months to August 2026.

County1 year10 yearsSince 2000Units, 12 monthsPer 1,000Index through
Rich County—+174.9%—6524.22025
Weber County+3.1%+138.6%+223.7%1,4935.42025
Box Elder County+1.5%+136.5%+221.8%4847.42025
Juab County+1.7%+136.4%+202.3%745.52025
Wasatch County+3.4%+133.8%+232.3%1,04827.22025
Iron County+4.9%+131.7%+229.6%71410.62025
Millard County+5.9%+131.0%+277.7%1208.52025
Wayne County—+130.4%+223.8%197.32024
Cache County+2.0%+130.0%+211.5%1,4119.72025
Kane County+2.8%+124.8%+243.7%12514.52025
Sanpete County+4.6%+124.4%+208.4%2116.72025
Tooele County+1.0%+124.3%+204.4%4965.72025
Summit County+2.2%+122.8%+314.8%3939.12025
Morgan County+2.4%+122.5%+224.1%1198.92025
Beaver County+0.7%+121.7%+214.8%385.22025
Salt Lake County+2.6%+120.0%+241.6%7,1525.92025
Washington County+1.1%+119.4%+211.6%2,83013.22025
Utah County+2.8%+119.3%+209.8%6,1298.12025
Davis County+2.0%+118.6%+206.4%1,8594.92025
Garfield County+2.8%+116.2%+226.4%244.62025
Sevier County+0.8%+114.9%+186.7%1637.12025
Grand County+0.1%+114.1%+288.8%30431.12025
Carbon County+3.4%+110.6%+191.1%381.82025
San Juan County+4.1%+89.2%+238.5%503.42025
Emery County+3.7%+81.8%+154.4%656.42025
Duchesne County+4.7%+81.4%+257.1%1165.62025
Uintah County+0.2%+73.7%+227.7%912.42025

Metro and micropolitan areas

Areas with any county in Utah; multi-state areas appear under each of their states.

AreaType1 year10 yearsYear to 2026 Q2Units, 12 months
Brigham City, UT-IDMicro+1.4%+137.8%—508
Logan, UT-IDMetro+2.1%+132.8%+0.6%1,470
Cedar City, UTMicro+4.9%+131.7%—714
Heber, UTMicro+3.0%+128.1%—1,441
Ogden, UTMetro+2.5%+126.3%+3.7%3,471
Salt Lake City-Murray, UTMetro+2.5%+120.0%+2.4%7,648
Provo-Orem-Lehi, UTMetro+2.8%+119.5%+3.5%6,203
St. George, UTMetro+1.1%+119.4%−0.1%2,830
Price, UTMicro+3.4%+110.6%—38
Evanston, WY-UTMicro+5.6%+88.9%—116
Vernal, UTMicro+0.2%+73.7%—91

Building permits

Housing units authorised in Utah by month, latest 60 months02,0004,000Sep 2021: 3,423 units (2,298 single-family, 1,125 in multi-unit buildings)Sep 2021Oct 2021: 2,395 units (1,683 single-family, 712 in multi-unit buildings)Nov 2021: 3,043 units (1,776 single-family, 1,267 in multi-unit buildings)Dec 2021: 3,290 units (1,654 single-family, 1,636 in multi-unit buildings)Jan 2022: 3,022 units (1,873 single-family, 1,149 in multi-unit buildings)Feb 2022: 3,496 units (1,877 single-family, 1,619 in multi-unit buildings)Mar 2022: 3,811 units (2,568 single-family, 1,243 in multi-unit buildings)Apr 2022: 3,193 units (2,220 single-family, 973 in multi-unit buildings)May 2022: 2,890 units (1,830 single-family, 1,060 in multi-unit buildings)Jun 2022: 3,106 units (1,822 single-family, 1,284 in multi-unit buildings)Jul 2022: 2,435 units (1,499 single-family, 936 in multi-unit buildings)Aug 2022: 2,175 units (1,322 single-family, 853 in multi-unit buildings)Sep 2022: 2,232 units (1,197 single-family, 1,035 in multi-unit buildings)Sep 2022Oct 2022: 1,704 units (977 single-family, 727 in multi-unit buildings)Nov 2022: 1,491 units (774 single-family, 717 in multi-unit buildings)Dec 2022: 1,907 units (626 single-family, 1,281 in multi-unit buildings)Jan 2023: 1,776 units (799 single-family, 977 in multi-unit buildings)Feb 2023: 2,342 units (770 single-family, 1,572 in multi-unit buildings)Mar 2023: 1,928 units (1,251 single-family, 677 in multi-unit buildings)Apr 2023: 1,804 units (1,163 single-family, 641 in multi-unit buildings)May 2023: 2,091 units (1,511 single-family, 580 in multi-unit buildings)Jun 2023: 2,416 units (1,649 single-family, 767 in multi-unit buildings)Jul 2023: 2,254 units (1,488 single-family, 766 in multi-unit buildings)Aug 2023: 2,591 units (1,582 single-family, 1,009 in multi-unit buildings)Sep 2023: 1,957 units (1,211 single-family, 746 in multi-unit buildings)Sep 2023Oct 2023: 1,852 units (1,258 single-family, 594 in multi-unit buildings)Nov 2023: 2,708 units (1,279 single-family, 1,429 in multi-unit buildings)Dec 2023: 1,926 units (1,107 single-family, 819 in multi-unit buildings)Jan 2024: 2,228 units (1,381 single-family, 847 in multi-unit buildings)Feb 2024: 1,580 units (1,172 single-family, 408 in multi-unit buildings)Mar 2024: 2,252 units (1,728 single-family, 524 in multi-unit buildings)Apr 2024: 2,309 units (1,709 single-family, 600 in multi-unit buildings)May 2024: 2,081 units (1,754 single-family, 327 in multi-unit buildings)Jun 2024: 2,058 units (1,462 single-family, 596 in multi-unit buildings)Jul 2024: 1,779 units (1,533 single-family, 246 in multi-unit buildings)Aug 2024: 1,877 units (1,562 single-family, 315 in multi-unit buildings)Sep 2024: 2,372 units (1,382 single-family, 990 in multi-unit buildings)Sep 2024Oct 2024: 2,379 units (1,646 single-family, 733 in multi-unit buildings)Nov 2024: 1,708 units (1,176 single-family, 532 in multi-unit buildings)Dec 2024: 1,677 units (1,183 single-family, 494 in multi-unit buildings)Jan 2025: 2,104 units (1,383 single-family, 721 in multi-unit buildings)Feb 2025: 1,863 units (1,201 single-family, 662 in multi-unit buildings)Mar 2025: 2,224 units (1,545 single-family, 679 in multi-unit buildings)Apr 2025: 2,129 units (1,574 single-family, 555 in multi-unit buildings)May 2025: 1,941 units (1,408 single-family, 533 in multi-unit buildings)Jun 2025: 1,795 units (1,353 single-family, 442 in multi-unit buildings)Jul 2025: 1,822 units (1,286 single-family, 536 in multi-unit buildings)Aug 2025: 2,810 units (1,410 single-family, 1,400 in multi-unit buildings)Sep 2025: 2,339 units (1,340 single-family, 999 in multi-unit buildings)Sep 2025Oct 2025: 2,441 units (1,645 single-family, 796 in multi-unit buildings)Nov 2025: 1,988 units (1,173 single-family, 815 in multi-unit buildings)Dec 2025: 2,774 units (1,342 single-family, 1,432 in multi-unit buildings)Jan 2026: 1,942 units (1,187 single-family, 755 in multi-unit buildings)Feb 2026: 2,319 units (1,251 single-family, 1,068 in multi-unit buildings)Mar 2026: 2,029 units (1,447 single-family, 582 in multi-unit buildings)Apr 2026: 1,811 units (1,471 single-family, 340 in multi-unit buildings)May 2026: 1,623 units (1,309 single-family, 314 in multi-unit buildings)Jun 2026: 1,878 units (1,360 single-family, 518 in multi-unit buildings)Jul 2026: 2,633 units (1,419 single-family, 1,214 in multi-unit buildings)Aug 2026: 1,889 units (1,175 single-family, 714 in multi-unit buildings)

Housing units authorised in Utah by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in Utah by year, 1995–2025020,00040,0001995: 20,898 units (15,246 single-family, 5,652 in multi-unit buildings)19951996: 23,481 units (16,663 single-family, 6,818 in multi-unit buildings)1997: 19,263 units (14,818 single-family, 4,445 in multi-unit buildings)1998: 20,862 units (16,287 single-family, 4,575 in multi-unit buildings)1999: 20,455 units (16,624 single-family, 3,831 in multi-unit buildings)2000: 17,638 units (14,712 single-family, 2,926 in multi-unit buildings)20002001: 18,887 units (15,005 single-family, 3,882 in multi-unit buildings)2002: 19,327 units (15,731 single-family, 3,596 in multi-unit buildings)2003: 22,525 units (18,417 single-family, 4,108 in multi-unit buildings)2004: 24,267 units (20,236 single-family, 4,031 in multi-unit buildings)2005: 27,799 units (24,019 single-family, 3,780 in multi-unit buildings)20052006: 25,873 units (22,595 single-family, 3,278 in multi-unit buildings)2007: 20,292 units (16,480 single-family, 3,812 in multi-unit buildings)2008: 10,905 units (7,084 single-family, 3,821 in multi-unit buildings)2009: 9,982 units (6,314 single-family, 3,668 in multi-unit buildings)2010: 9,171 units (6,883 single-family, 2,288 in multi-unit buildings)20102011: 9,983 units (6,860 single-family, 3,123 in multi-unit buildings)2012: 13,007 units (9,969 single-family, 3,038 in multi-unit buildings)2013: 15,818 units (11,857 single-family, 3,961 in multi-unit buildings)2014: 17,510 units (11,282 single-family, 6,228 in multi-unit buildings)2015: 18,297 units (12,523 single-family, 5,774 in multi-unit buildings)20152016: 22,662 units (15,210 single-family, 7,452 in multi-unit buildings)2017: 24,679 units (17,247 single-family, 7,432 in multi-unit buildings)2018: 25,574 units (18,545 single-family, 7,029 in multi-unit buildings)2019: 28,779 units (18,191 single-family, 10,588 in multi-unit buildings)2020: 31,775 units (22,301 single-family, 9,474 in multi-unit buildings)20202021: 39,058 units (24,423 single-family, 14,635 in multi-unit buildings)2022: 31,749 units (19,132 single-family, 12,617 in multi-unit buildings)2023: 25,361 units (14,913 single-family, 10,448 in multi-unit buildings)2024: 23,902 units (17,674 single-family, 6,228 in multi-unit buildings)2025: 26,775 units (16,774 single-family, 10,001 in multi-unit buildings)2025

Housing units authorised in Utah by year, 1995–2025single-family2+ unit buildings

Single-family share of the latest 12 months: 63% (63% nationally). Since 1995: 666,554 units.

Year by year

Each year's index change and permits, with every county's figures for that year.

YearUtah indexUS indexUnits permittedSingle-family
2025+2.4%+2.8%26,77516,774
2024+3.6%+4.9%23,90217,674
2023+0.6%+5.7%25,36114,913
2022+20.1%+15.5%31,74919,132
2021+18.9%+11.6%39,05824,423
2020+5.5%+3.0%31,77522,301
2019+7.5%+4.2%28,77918,191
2018+9.0%+5.7%25,57418,545
2017+8.8%+5.4%24,67917,247
2016+7.5%+5.3%22,66215,210
2015+4.8%+4.4%18,29712,523
2014+6.8%+6.2%17,51011,282
2013+6.5%+3.4%15,81811,857
2012+1.0%−1.8%13,0079,969
2011−5.5%−4.4%9,9836,860
2010−7.5%−5.1%9,1716,883
2009−8.6%−7.5%9,9826,314
2008−0.6%−4.5%10,9057,084
2007+11.5%+0.6%20,29216,480
2006+16.0%+6.6%25,87322,595
2005+10.0%+12.4%27,79924,019
2004+2.7%+9.2%24,26720,236
2003+0.4%+4.5%22,52518,417
2002+0.8%+5.4%19,32715,731
2001+3.3%+6.7%18,88715,005
2000+1.6%+8.3%17,63814,712
1999+1.3%+4.3%20,45516,624
1998+3.6%+3.7%20,86216,287
1997+6.5%+3.8%19,26314,818
1996+6.9%+3.2%23,48116,663
1995+14.3%+3.7%20,89815,246

Cities issuing the most permits

Housing units authorised in the 12 months to August 2026; every place is listed on its county page.

Questions and answers

How much have home values in Utah risen over 10 years?

The FHFA index rose +120.6% between 2015 and 2025, +8.2% a year; over 20 years +172.9% and since 2000 +222.3%. Nationally: +85.0%, +79.1% and +158.3%.

Which Utah counties rose most over 10 years?

Rich County (+174.9%), Weber County (+138.6%) and Box Elder County (+136.5%), by FHFA's annual county index to 2025.

What happened to Utah home prices in 2008?

The state index peaked in 2007, fell −20.5% to 2011 and regained its peak in 2016.

How many homes are being built in Utah?

25,666 units were authorised in the 12 months to August 2026: 16,119 single-family and 9,547 in multi-unit buildings, 7.3 per 1,000 residents.

Where does this data come from?

FHFA's quarterly all-transactions state index (through 2026 Q2) and annual state index (updated March 31, 2026); the Census Bureau's Building Permits Survey state and county files through August 2026; vintage 2025 population estimates.

Provenance

Index: Federal Housing Finance Agency, quarterly all-transactions and purchase-only state indexes through 2026 Q2 and annual state index (updated March 31, 2026). Permits: Census Bureau Building Permits Survey state, county and place files through August 2026. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.