Alpine, UT 84004 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Alpine, UT—84004

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$1,138,000

6.4% YoY Growth

Household Income

$157,000

28.3% YoY Growth

Days on Market

147

10.0% Longer YoY

Home Price Forecast

1.8%

Median Rent

$1,650

16.0% YoY Growth

1-Bed Rent

$950

18.0% YoY Growth

2-Bed Rent

$1,650

4.1% YoY Growth

3-Bed Rent

$2,000

N/A

Home Price Trends — Alpine, UT

As of Dec '25, the median home price in Alpine, UT is $1,138,000, with a year-over-year change of 6.4%. This indicates that home prices in Alpine, UT are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$1,138,000	6.4%
Single Family	$1,142,000	6.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

Loading chart...

% of Rental Stock

Studio

37.2%

1 Bedroom

1.3%

2 Bedrooms

10.2%

3 Bedrooms

5.9%

4 Bedrooms

8.9%

5+ Bedrooms

36.4%

Property Listings — Alpine, UT

As of Dec '25, Realtor.com reports that the median days on market for a home in Alpine, UT is 120. This is a increase of 13.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$2,700,000	32.0%
Listing Count	42	3.0%
Listings as % of Homes	1.3%	3.0%
Days on Market	147	10.0%

Loading chart...

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%

Loading chart...

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%

Loading chart...

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%

Loading chart...

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

Alpine, UT—84004

Key Metrics at a Glance

Home Price Trends — Alpine, UT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Alpine, UT

% of Rental Stock

Property Listings — Alpine, UT

Demographics — Alpine, UT

Race and Ethnicity

Mortgage and Risk — Alpine, UT

Mortgages

Rentals and Section 8 — Alpine, UT

Section 8 Market Size

Section 8 Opportunity

Affordability — Alpine, UT

Home Price to Income Ratio

Alpine, UT — ZIP Code Boundary Map

Nearby ZIP Codes

Sandy, UT

American Fork, UT

Pleasant Grove, UT

Draper, UT

Sandy, UT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	6.6
Median Home Price	$1,138,000
Median Household Income	$157,000

Alpine, UT—84004

Key Metrics at a Glance

Home Price Trends — Alpine, UT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Alpine, UT

% of Rental Stock

Property Listings — Alpine, UT

Demographics — Alpine, UT

Race and Ethnicity

Mortgage and Risk — Alpine, UT

Mortgages

Rentals and Section 8 — Alpine, UT

Section 8 Market Size

Section 8 Opportunity

Affordability — Alpine, UT

Home Price to Income Ratio

Alpine, UT — ZIP Code Boundary Map

Nearby ZIP Codes

Sandy, UT

American Fork, UT

Pleasant Grove, UT

Draper, UT

Sandy, UT

Frequently Asked Questions

What is the average home price in Alpine, UT 84004?

How have home prices in Alpine, UT 84004 changed over the past year?

What is the home price projection for Alpine, UT 84004?

What are the demographics of Alpine, UT 84004?

How long does it take homes to sell in Alpine, UT 84004?

What is the average rent price in Alpine, UT 84004?