Bingham Canyon, UT—84006
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bingham Canyon, UT
As of Oct '25, the median home price in Bingham Canyon, UT is $417,000, with a year-over-year change of 1.6%. This indicates that home prices in Bingham Canyon, UT are increasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $417,000 | 1.6% |
| Single Family | $415,000 | 1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $388,000 | 3.5% |
3 Bed | $427,000 | 0.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bingham Canyon, UT
Bingham Canyon, UT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $1,700 | $1,700 |
% of Rental Stock
Property Listings — Bingham Canyon, UT
As of Oct '25, Realtor.com reports that the median days on market for a home in Bingham Canyon, UT is 24. This is a increase of 65.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $382,000 | -9.0% |
Listing Count | 1 | 0.0% |
| Listings as % of Homes | 0.7% | 0.0% |
Days on Market | 24 | 65.0% |
Demographics — Bingham Canyon, UT
As of the latest ACS Survey released in 2023, Bingham Canyon, UT has a population of 865, which has decreased by -16.9% over the past 5 years. Bingham Canyon, UT is a popular place for families, as children make up 26.0% of the population. The area has a poorly educated workforce, with 9.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 865 | -16.9% |
% Under 18 | 26.0% | 12.6% |
% Seniors | 9.2% | -56.6% |
% WFH | 14.4% | ∞% |
% w/ College Degree | 9.7% | -18.5% |
As of the latest ACS Survey released in 2023, Bingham Canyon, UT is a predominantly white area, with 66.7% of the population identifying as white. The white population has shrunk by 20.7% in the last 5 years. The second most common race or ethnicity in Bingham Canyon, UT is hispanic, making up 20.3% of the population. Foreign-born residents account for 5.2% of the population in Bingham Canyon, UT, and this percentage has increased by 300.0% 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 | 66.7% | -20.7% |
% Black | 0.2% | ∞% |
% Hispanic | 20.3% | 27.7% |
% Asian | 0.1% | ∞% |
% Foreign Born | 5.2% | 300.0% |
Mortgage and Risk — Bingham Canyon, UT
Bingham Canyon, UT lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Bingham Canyon, UT
Bingham Canyon, UT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 2.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,410 |
| 2 Bedroom | N/A | N/A | $1,700 |
| 3 Bedroom | N/A | N/A | $2,280 |
| 4 Bedroom | $900 | $1,700 | $2,600 |
Affordability — Bingham Canyon, UT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $417,000 |
| Median Household Income | $77,800 |