Utah Real Estate For Sale

The Utah real estate landscape has been significantly bolstered by the state’s strong pace of job growth, even landing in the number one spot in some lists of housing markets across the United States. The low unemployment rate, low mortgage rates, and modest state and local taxes have all contributed to this favorable environment and Utah’s extremely solid economic prospects.

The current median home price in Utah is $442,200, which is expected to steadily rise along with the nation’s real estate trends. Like other places in the country, high demand for homes in Utah makes it critical to act fast and craft competitive offers, taking advantage of the many great options in the state. While Utah’s cost of living, including housing, is slightly above the average for the United States, the booming economy and rising salary have made owning a home there very attainable.

While Utah real estate has many historic homes to offer, it is also second in the country for the rate of new homes built in recent decades. Over 32% of Utah homes were built after the year 2000, compared to about 20% in the rest of the country. For anyone interested in a recently built house, Utah is likely to have a higher supply of existing options, as well as a lot of openings for future new construction builds.

The homes for sale in Utah are also more likely to be single-family homes than in other states, which is ideal for anyone who wants a large yard or a bit more privacy. Along with more outdoor space, real estate in Utah averages 6.3 rooms compared to the country’s average of 5.5 rooms.

Even in cities with a higher home price, the combination of Utah’s high wages, price per square foot for property, and low cost of living make real estate in Utah a great option for your new home.

Utah’s public school system consists of 132 districts made up of locally-elected school boards and superintendents. These districts oversee nearly 900 public schools in the state, which are available alongside multiple charter schools and private education options. Utah ranks 11th in the country for school quality and 8th for overall educational attainment. Compared to neighboring states, Utah often exceeds averages on standardized test scores and academic achievement.

The largest school district in Utah is the Alpine School District, which has nearly 84,000 students across all levels of education, K-12, as well as eight special purpose schools. The best-rated school in the district is Cedar Ridge School, which serves PK-6 and boasts some of the highest test scores in the area. Other large districts include the Davis School District and Granite School District.

Utah’s number one high school is The Beehive Science and Technology Academy, BSTA, located in Sandy, Utah. More than 80% of the students at BSTA participate in Advanced Placement Courses.

In addition to elementary and secondary education, Utah is also home to a number of large universities, including the University of Utah, or “U of U” to locals. Located in Salt Lake City, the school offers the entire college experience, from high-ranking sports teams to college housing, as well as many research centers and institutions where students can learn. The state is also home to Brigham Young University, an acclaimed private institution, as well as 13 community colleges. In fact, Salt Lake Community College has been ranked the second-best in the country!

Utah is known as the Beehive State, which is representative of its residents, who pride themselves on self-reliance, tenacity, and perseverance that has been handed down from Utah’s first settlers. Like bees, living in Utah means working hard and valuing the community around you. Whether this means participating in the thriving local economy, building a family-friendly community, or taking advantage of Utah’s natural beauty, there is a reason Utah is one of the fastest-growing states right now.

Utah is one of the country’s greatest natural playgrounds, sitting at the meeting point of three unique geological areas: the Colorado Plateau, The Rocky Mountains, and the Great Basin. This allows residents to experience a huge variety of scenery within a short drive, from snow-capped mountains to desert dunes. The 84,000 square miles of Utah are packed full of picturesque views at every turn.

For those who aren’t inclined to spend time in nature or hit the slopes, Utah offers views of the mountains from urban centers like Salt Lake City and nearby suburbs. With some of the lowest crime levels in the country, anywhere you choose to live offers a community-focused environment and a safe place to live and raise children. You can enjoy the city center’s arts and culture, shopping, and dining while having easy access to Utah’s views and activities throughout the state. Even the more populous cities have a range of trails, bodies of water, and other activities nearby for the perfect mix of lifestyles.

Summers in Utah are long, hot, and dry but are quickly counteracted by cold and snowy winters. The state averages 60 inches of snowfall every year. With this in mind, it’s no wonder that Utah is a haven for winter sports, with tourists and professional athletes alike visiting to snowboard and ski throughout the year. Utah offers all four seasons at the same time as you can easily access more extreme climates like the desert and the mountains when a change of pace is needed.

Utah is a large state, and there is no single place that will meet everyone’s needs. However, you can have distinct experiences in different areas of Utah. Those seeking an urban center may choose Salt Lake City, while others will prefer small suburbs like Cedar City. For a more outdoors-heavy experience, cities like Logan offer robust biking and hiking trails. The right place in Utah’s real estate market will meet your family’s needs and budget, and have the right home for you.

Utah’s public schools begin their years in late August. Summer break starts in early June.

There are seven major airports in Utah, located in Salt Lake City, Provo, St. George, Canyonlands, Vernal, Cedar City, and Ogden-Hinckley. There are also 25 smaller local airports in the state. The largest overall is Salt Lake City, which is also Delta’s second-largest hub in the country.

Real estate in Utah has access to many attractions and sites to see, including five national parks- Zion, Bryce Canyon, Arches, Capitol Reef, and Canyonlands. Along with these beautiful areas, there are also many ski resorts and areas for winter sports throughout the state. National monuments, salt flats, and many lakes also draw visitors throughout the year.

Utah has one of the nation’s lowest unemployment rates and a vibrant economy, which makes it a great place to find a job. The largest employers include state governments and schools, as well as many job openings in the tech sector. Those interested in tourism and hospitality will also find many jobs, both seasonal and permanent.

One of the biggest draws to Utah’s real estate market is its thriving economy, with some of the nation’s lowest unemployment rates and a variety of industries and professions.

The largest employer in Utah is Intermountain Healthcare, which employs well over 20,000 people across the company. Other large employers are the state government and local universities, including the University of Utah and Brigham Young University. Alongside common sectors like technology and retail, Utah also has a larger number of jobs in mining, agriculture, and petroleum than most other states.

Tourism also fuels some of Utah’s economy, particularly near Salt Lake City, where there is a large airport and many annual festivals that people may attend. The city has Delta’s second-largest hub in the country! The airport itself, along with tourist attractions, provides many jobs for Utah residents. Outside the city, National Parks and other nature attractions will also be great places to find seasonal work.

One bonus for many people is that Utah is one of the few states with a flat tax rate. No matter how much money you bring in, the state income tax rate is 4.95%, and property taxes are relatively low.