6 Utah Cities Where Home Prices Are Skyrocketing
Utah was a popular state to move to in 2020, and even though many people have since left the state, home prices are still substantially higher now than they were before this 2020 migration, a moveBuddha analysis found. In six Utah cities, home prices have increased by 50% or more since 2020.
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Here's a look at the Utah cities where home prices are skyrocketing.
6. Eagle Mountain, Utah
Population growth from 2010 to 2020: 104%
Average home value in 2020: $378,820
Average home value in 2022: $568,744
Increase in home value from 2020 to 2022: 50%
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5. American Fork, Utah
Population growth from 2010 to 2020: 27%
Average home value in 2020: $377,123
Average home value in 2022: $568,691
Increase in home value from 2020 to 2022: 51%
4. Saint George, Utah
Population growth from 2010 to 2020: 31%
Average home value in 2020: $360,806
Average home value in 2022: $553,415
Increase in home value from 2020 to 2022: 53%
3. Logan, Utah
Population growth from 2010 to 2020: 9%
Average home value in 2020: $264,016
Average home value in 2022: $421,327
Increase in home value from 2020 to 2022: 60%
2. Cedar City, Utah
Population growth from 2010 to 2020: 22%
Average home value in 2020: $251,889
Average home value in 2022: $409,360
Increase in home value from 2020 to 2022: 63%
1. Park City, Utah
Population growth from 2010 to 2020: 11%
Average home value in 2020: $1,291,868
Average home value in 2022: $2,143,551
Increase in home value from 2020 to 2022: 66%
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All data is sourced from the moveBuddha 2022 Utah Migration Report.
This article originally appeared on GOBankingRates.com: 6 Utah Cities Where Home Prices Are Skyrocketing
