Alpine, UT—84004
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alpine, UT
As of Oct '25, the median home price in Alpine, UT is $1,146,000, with a year-over-year change of 6.6%. This indicates that home prices in Alpine, UT are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,146,000 | 6.6% |
| Single Family | $1,148,000 | 6.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | $1,074,000 | 7.1% |
| 5 Bed | $1,270,000 | 5.7% |
% of Housing Stock
Rental Trends — Alpine, UT
As of July '25, Rentcast reports the average rent in Alpine, UT is $2,670, with a year-over-year rent change of -16.0%. Per bedroom, the median rent as of July '25 in Alpine, UT is 1-bedrooms: $1,000, 2-bedrooms: $1,650, 3-bedrooms: $2,000, 4-bedrooms: $3,900. The most common rental property sizes in Alpine, UT are studio and 5+ bedroom, accounting for 37.2% and 36.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $2,670 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $1,000 |
| 2 Bed Rent | $1,650 | $1,650 |
| 3 Bed Rent | $2,000 | $2,000 |
| 4 Bed Rent | $3,900 | $3,900 |
% of Rental Stock
Property Listings — Alpine, UT
As of Oct '25, Realtor.com reports that the median days on market for a home in Alpine, UT is 117. This is a increase of 29.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,170,000 | 22.0% |
Listing Count | 55 | 11.0% |
| Listings as % of Homes | 1.3% | 11.0% |
Days on Market | 117 | 29.0% |
Demographics — Alpine, UT
As of the latest ACS Survey released in 2023, Alpine, UT has a population of 10,300, which has decreased by -1.4% over the past 5 years. Alpine, UT is a popular place for families, as children make up 31.1% of the population. The area has a highly educated workforce, with 56.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,300 | -1.4% |
% Under 18 | 31.1% | -10.9% |
% Seniors | 15.8% | 61.2% |
% WFH | 25.7% | 89.0% |
% w/ College Degree | 56.6% | 0.4% |
As of the latest ACS Survey released in 2023, Alpine, UT is a predominantly white area, with 90.7% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Alpine, UT is hispanic, making up 4.2% of the population. Foreign-born residents account for 3.4% of the population in Alpine, UT, and this percentage has increased by 21.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.7% | -4.0% |
% Black | 0.2% | 0.0% |
% Hispanic | 4.2% | 100.0% |
% Asian | 0.8% | 100.0% |
% Foreign Born | 3.4% | 21.4% |
Mortgage and Risk — Alpine, UT
According to HUD data as of 2023, there were 207 mortgage originations in Alpine, UT, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 40.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Alpine, UT. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 207 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Alpine, UT
As of 2024, the percent of homes in Alpine, UT under the Section 8 program is 0.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Alpine, UT, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $480 | $950 | $1,430 |
| 2 Bedroom | $10 | $1,650 | $1,660 |
| 3 Bedroom | $330 | $2,000 | $2,330 |
| 4 Bedroom | -$1,110 | $3,900 | $2,790 |
Affordability — Alpine, UT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.8 |
| Median Home Price | $1,146,000 |
| Median Household Income | $157,000 |