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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
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

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 TypeMedian Home ValueYoY % Change
All Homes
$1,138,0006.4%
Single Family $1,142,0006.2%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		$1,069,0006.9%
    5 Bed $1,260,3135.6%
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    % of Housing Stock

    Studio
    4.7%
    1 Bedroom
    0.4%
    2 Bedrooms
    5.0%
    3 Bedrooms
    6.4%
    4 Bedrooms
    21.9%
    5+ Bedrooms
    61.6%

    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.

    TypeMedian RentAverage Rent
    Average Rent$1,650$2,670
    Studio Rent N/AN/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
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    % 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$2,700,00032.0%
    Listing Count
    		423.0%
    Listings as % of Homes1.3%3.0%
    Days on Market
    		14710.0%
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    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.

    MetricLatest CensusYoY % 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%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio6.6
    Median Home Price$1,138,000
    Median Household Income$157,000

    Alpine, UT — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Sandy, UT

    84092

    American Fork, UT

    84003

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    84062

    Draper, UT

    84020

    Sandy, UT

    84093

    Frequently Asked Questions