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Trela Bird
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Utah County County Home Prices - Annual 2016

Information on the Utah County housing market and home prices for 2016.


Annual 2016 Home Prices

2016 was another good year for the Utah County housing market, with strong sales price appreciation, an increase in the number of homes sold and a reduction in the amount of time taken to sell homes. The median sales price for a single family home rose 7.34% to $285,000, while the number of homes sold rose 3.58%. One of the most important indicators is the median time taken to put an home under contract, or DOM (Days On Market). The DOM fell sharply in 2016, taking a median of just 20 days, which was 31% faster than in 2015.

City Median Price Units Sold Percentage Change
Alpine - 84004 $535,000 99 down 3.25%
American Fork - 84003 $342,350 478 up 10.08%
Cedar Fort - 84013 $235,500 10 up 25.94%
Eagle Mountain - 84005 $255,000 731 up 6.25%
Lehi - 84043 $319,000 1058 up 6.96%
Lindon - 84042 $365,000 79 down 1.35%
Mapleton - 84664 $400,000 95 up 15.03%
Payson - 84651 $240,900 337 up 8.08%
Pleasant Grove - 84062 $295,000 407 up 6.69%
Salem - 84653 $334,000 141 up 7.78%
Santaquin - 84655 $249,900 217 up 11.12%
Saratoga Springs - 84045 $339,900 606 up 9.78%
Spanish Fork - 84660 $260,000 543 up 10.22%
Springville - 84663 $247,947 339 up 11.94%

Data for home prices information provided by WFRMLS