Metro area index
Home appreciation in the St. George, UT metro area
FHFA HPI® data shows the St. George, UT metro area's all-transactions index changed -0.1% over the year to Q2 2026, versus +2.6% for Utah and +3.0% for the U.S. That ranks 368th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- -0.1%
- 5-year change
- +29.6%
- Since Q1 1995
- +275%
- Metro rank (1 year)
- 368th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
St. George, UT vs Utah and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- St. George, UT: 375.3
- Utah: 469.5
- United States: 391.6
Appreciation by time window
| Window | Metro | UT | U.S. | Gap vs UT | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | -0.1% | +2.6% | +3.0% | −2.7 pts | −3.2 pts |
| 3 years | +6.3% | +9.6% | +12.9% | −3.3 pts | −6.5 pts |
| 5 years | +29.6% | +34.3% | +41.3% | −4.8 pts | −11.7 pts |
| 10 years | +114% | +121% | +93.3% | −6.5 pts | +21.2 pts |
| Since Q1 1995 | +275% | +370% | +292% | −94.2 pts | −16.3 pts |
3-digit ZIP regions in the St. George, UT area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 847 · St. George, UT area | UT | -0.2% | +32.1% | +290% | 62% |
Boom, bust, and recovery in St. George, UT area
St. George, UT area's index peaked in Q4 2006, fell 41.1% to its low in Q2 2011, and regained its peak in Q1 2019, about 12.2 years after the top. Today it sits +74.8% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q4 2006 | Q2 2011 | -41.1% | Q1 2019 (12.2 yrs) | +74.8% |
| UT | Q4 2007 | Q2 2011 | -21.9% | Q2 2016 (8.5 yrs) | +126% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, St. George, UT area's index has changed +69.5% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | UT after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -3.8% | -1.2% | -0.8% |
| 3 years | +9.8% | -3.2% | -0.2% | +2.8% |
| 5 years | +24.0% | +4.5% | +8.3% | +13.9% |
| 10 years | +39.1% | +54.2% | +58.9% | +39.0% |
| Since Q1 1995 | +121% | +69.5% | +112% | +76.8% |
If you bought in the St. George, UT area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +275% | $1,125,675 |
| Q2 2000 | +236% | $1,007,517 |
| Q2 2005 | +126% | $678,457 |
| Q2 2010 | +169% | $807,213 |
| Q2 2015 | +128% | $683,275 |
| Q2 2020 | +60.5% | $481,607 |
| Q2 2021 | +29.6% | $388,724 |
| Q2 2023 | +6.3% | $318,925 |
| Q2 2025 | -0.1% | $299,617 |
Frequently asked questions
- How much have home prices risen in the St. George, UT area?
- FHFA HPI® data for the St. George, UT metro area shows changes of -0.1% over one year, +29.6% over five years, and +114% over ten years to Q2 2026, and +275% since Q1 1995.
- Is the St. George, UT area beating the national average?
- Over the past year the metro's index moved −3.2 pts versus the U.S.; over five years the gap is −11.7 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.