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Home appreciation in Utah
Utah's FHFA HPI® all-transactions index changed +2.6% over the year to Q2 2026, versus +3.0% nationally, ranking 37th of 51 states and D.C. Below, compare its 7 3-digit ZIP regions and 5 metro areas.
- 1-year change
- +2.6%
- 5-year change
- +34.3%
- Since Q1 1995
- +370%
- State rank (1 year)
- 37th
U.S. +3.0%
42nd of 51
U.S. +292%
of 51 states and D.C.
Utah vs the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Utah: 469.5
- United States: 391.6
Utah appreciation by time window
| Window | UT | U.S. | Gap vs U.S. |
|---|---|---|---|
| 1 year | +2.6% | +3.0% | −0.4 pts |
| 3 years | +9.6% | +12.9% | −3.3 pts |
| 5 years | +34.3% | +41.3% | −7.0 pts |
| 10 years | +121% | +93.3% | +27.6 pts |
| Since Q1 1995 | +370% | +292% | +77.9 pts |
3-digit ZIP regions in Utah
Fastest-appreciating ZIP codes in Utah →Sorted by one-year change. 2 of 7 regions beat the national one-year change of +3.0%. Place labels name the largest community in each region.
| # | 3-digit ZIP region | 1 year | 5 years | 10 years | Since Q1 1995 |
|---|---|---|---|---|---|
| 1 | 846 · Provo, UT area | +3.4% | +36.6% | +125% | +358% |
| 2 | 841 · Salt Lake City, UT area | +3.2% | +33.8% | +123% | +432% |
| 3 | 840 · West Jordan, UT area | +3.0% | +33.8% | +117% | +359% |
| 4 | 843 · Logan, UT area | +2.1% | +37.8% | +131% | +347% |
| 5 | 844 · Ogden, UT area | +1.4% | +33.3% | +134% | +369% |
| 6 | 845 · Price, UT area | +1.2% | +43.5% | +125% | +374% |
| 7 | 847 · St. George, UT area | -0.2% | +32.1% | +117% | +290% |
Metro areas in Utah
| Metro area | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|
| Ogden, UT | +3.7% | +33.2% | +355% |
| Provo-Orem-Lehi, UT | +3.5% | +34.2% | +351% |
| Salt Lake City-Murray, UT | +2.4% | +33.4% | +398% |
| Logan, UT-ID | +0.6% | +38.1% | +336% |
| St. George, UT | -0.1% | +29.6% | +275% |
Boom, bust, and recovery in Utah
Utah's index peaked in Q4 2007, fell 21.9% to its low in Q2 2011, and regained its peak in Q2 2016, about 8.5 years after the top. Today it sits +126% 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 |
|---|---|---|---|---|---|
| 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, Utah's index has changed +112% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | UT after inflation | U.S. after inflation |
|---|---|---|---|
| 1 year | +3.9% | -1.2% | -0.8% |
| 3 years | +9.8% | -0.2% | +2.8% |
| 5 years | +24.0% | +8.3% | +13.9% |
| 10 years | +39.1% | +58.9% | +39.0% |
| Since Q1 1995 | +121% | +112% | +76.8% |
If you bought in Utah in…
An example $300,000 purchase grown at the statewide index rate to Q2 2026. Local markets within the state vary widely.
| Bought in | Index change | $300,000 then, at the state rate |
|---|---|---|
| Q2 1995 | +356% | $1,369,483 |
| Q2 2000 | +266% | $1,097,521 |
| Q2 2005 | +204% | $912,876 |
| Q2 2010 | +171% | $813,557 |
| Q2 2015 | +137% | $710,757 |
| Q2 2020 | +62.6% | $487,728 |
| Q2 2021 | +34.3% | $402,982 |
| Q2 2023 | +9.6% | $328,771 |
| Q2 2025 | +2.6% | $307,742 |
Frequently asked questions
- How much have home prices gone up in Utah?
- FHFA HPI® data for Utah shows the all-transactions index changed +2.6% over the year to Q2 2026, +34.3% over five years, +121% over ten years, and +370% since Q1 1995.
- Is Utah appreciating faster than the national average?
- Over the past year Utah's index moved −0.4 pts versus the U.S. (+3.0%), ranking 37th of 51 states and D.C. Over five years the gap is −7.0 pts.
- Which ZIP codes in Utah are appreciating fastest?
- Over the past year the strongest of 7 3-digit ZIP regions in Utah was ZIP3 846 (Provo, UT area) at +3.4%, and the weakest was ZIP3 847 (St. George, UT area) at -0.2%. 2 of 7 beat the national one-year change.