Local News
Utah home prices slowed in 2024 — but housing market still ranks among nation’s most expensive
Even though home prices in Utah have grown less than 1% since 2022, Utah in 2024 ranked as the ninth most expensive housing market in the nation. Statewide, the median sales price of a single-family home hit $547,700 in the fourth quarter of 2024. That’s according to a new report published Tuesday, marking another yearly iteration of the “State of the State’s Housing Market” published by the University of Utah’s Kem C. Gardner Policy Institute. The report, written by Jim Wood, senior research fellow and one of the state’s leading housing market experts, paints the latest ...
