Eagle Mountain, UT—84005
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Eagle Mountain, UT
As of Oct '25, the median home price in Eagle Mountain, UT is $511,000, with a year-over-year change of -0.0%. This indicates that home prices in Eagle Mountain, UT are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $511,000 | -0.0% |
| Single Family | $517,000 | 0.2% |
| Condos | $294,000 | -5.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $402,000 | 0.2% |
3 Bed | $467,000 | 0.2% |
4 Bed | $531,000 | 0.4% |
| 5 Bed | $583,000 | -0.3% |
% of Housing Stock
Rental Trends — Eagle Mountain, UT
As of July '25, Rentcast reports the average rent in Eagle Mountain, UT is $2,050, with a year-over-year rent change of -2.4%. Per bedroom, the median rent as of July '25 in Eagle Mountain, UT is 1-bedrooms: $1,180, 2-bedrooms: $1,440, 3-bedrooms: $1,880, 4-bedrooms: $2,350. The most common rental property sizes in Eagle Mountain, UT are 3-bedroom and 5+ bedroom, accounting for 61.0% and 14.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,050 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,050 | $1,180 |
| 2 Bed Rent | $1,400 | $1,440 |
| 3 Bed Rent | $1,850 | $1,880 |
| 4 Bed Rent | $2,440 | $2,350 |
% of Rental Stock
Property Listings — Eagle Mountain, UT
As of Oct '25, Realtor.com reports that the median days on market for a home in Eagle Mountain, UT is 54. This is a increase of 8.0% 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $536,000 | 1.0% |
Listing Count | 523 | 24.0% |
| Listings as % of Homes | 2.4% | 24.0% |
Days on Market | 54 | 8.0% |
Demographics — Eagle Mountain, UT
As of the latest ACS Survey released in 2023, Eagle Mountain, UT has a population of 49,100, which has increased by 64.8% over the past 5 years. Eagle Mountain, UT is a popular place for families, as children make up 44.2% of the population. The area has a moderately educated workforce, with 38.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 49,100 | 64.8% |
% Under 18 | 44.2% | -7.1% |
% Seniors | 2.7% | 3.8% |
% WFH | 19.7% | 93.1% |
% w/ College Degree | 38.3% | 17.1% |
As of the latest ACS Survey released in 2023, Eagle Mountain, UT is a predominantly white area, with 80.7% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Eagle Mountain, UT is hispanic, making up 13.0% of the population. Foreign-born residents account for 5.4% of the population in Eagle Mountain, UT, and this percentage has decreased by 5.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.7% | -4.8% |
% Black | 0.6% | 0.0% |
% Hispanic | 13.0% | 17.1% |
% Asian | 0.3% | -57.1% |
% Foreign Born | 5.4% | -5.3% |
Mortgage and Risk — Eagle Mountain, UT
According to HUD data as of 2023, there were 1635 mortgage originations in Eagle Mountain, UT, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Eagle Mountain, UT. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,635 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Eagle Mountain, UT
As of 2024, the percent of homes in Eagle Mountain, UT under the Section 8 program is 1.8%. 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. In Eagle Mountain, UT, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 31 |
Total Units Section 8 | 31 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $540 | $1,050 | $1,590 |
| 2 Bedroom | $440 | $1,400 | $1,840 |
| 3 Bedroom | $730 | $1,850 | $2,580 |
| 4 Bedroom | $650 | $2,440 | $3,090 |
Affordability — Eagle Mountain, UT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $511,000 |
| Median Household Income | $106,000 |