Story perspectives
Utah Housing Prices Stable Amid Economic Uncertainty
7/9/2025
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Story summary
- In 2024, Utah is the 9th most expensive housing market, with a median home price of $547,700.
- Home prices rose by less than 1% since 2022, while rental rates stayed stable.
- Eagle Mountain issued the most building permits, totaling 1,556 units in 2024.
- Economic uncertainty could dampen housing demand in 2025, with stable price and mortgage rate projections.
