Utah's Housing Costs Remained High in 2024. Here's Where It Ranks Nationally
UTAH, JUL 9 – Utah ranks as the 9th most expensive housing market in the U.S. with 18% of home sales in 2024 paid in cash despite ongoing affordability challenges, report says.
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Utah housing market stabilizes but remains among nation's most expensive, new report says
SALT LAKE CITY The "State of the States Housing Market" report was released Tuesday by the Kem C. Gardner Policy Institute at the University of Utah, and it has some good and bad news.The good news: Housing prices have remained stable for the past two years, increasing only 1% since 2022.The bad news: Utah remains the ninth most expensive housing market in the nation. The median sales price of a single-family home is $547,700.Housing prices rema…
Utah ranked as the 9th most expensive housing market in the country in 2024 - Utah Policy
The 2024-2025 edition of the Kem C. Gardner Policy Institute’s State of the State’s Housing Market report provides a detailed analysis of current housing market conditions in Utah. The report indicates that high but stable housing prices characterized the state’s housing market in 2024, with Utah ranking as the country’s 9th most expensive housing market that same year. Stable prices, however, offered little relief to potential homebuyers as hig…
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