Layton, UT—84040
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Layton, UT
Home Price Trends — Layton, UT
As of Oct '25, the median home price in Layton, UT is $579,000, with a year-over-year change of 1.3%. This indicates that home prices in Layton, UT are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $579,000 | 1.3% |
| Single Family | $583,000 | 1.4% |
| Condos | $488,000 | 5.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $454,000 | 5.3% |
3 Bed | $503,000 | 2.2% |
4 Bed | $558,000 | 1.1% |
| 5 Bed | $658,000 | 1.1% |
% of Housing Stock
Rental Trends — Layton, UT
As of July '25, Rentcast reports the average rent in Layton, UT is $2,460, with a year-over-year rent change of 11.8%. Per bedroom, the median rent as of July '25 in Layton, UT is 1-bedrooms: $1,330, 2-bedrooms: $1,640, 3-bedrooms: $2,020, 4-bedrooms: $2,590. The most common rental property sizes in Layton, UT are 3-bedroom and 2-bedroom, accounting for 25.7% and 24.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,460 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,240 | $1,330 |
| 2 Bed Rent | $1,640 | $1,640 |
| 3 Bed Rent | $1,700 | $2,020 |
| 4 Bed Rent | $2,630 | $2,590 |
% of Rental Stock
Property Listings — Layton, UT
As of Oct '25, Realtor.com reports that the median days on market for a home in Layton, UT is 48. This is a increase of 20.0% 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 61.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $670,000 | 6.0% |
Listing Count | 82 | 10.0% |
| Listings as % of Homes | 0.5% | 10.0% |
Days on Market | 48 | 20.0% |
Demographics — Layton, UT
As of the latest ACS Survey released in 2023, Layton, UT has a population of 28,300, which has increased by 19.3% over the past 5 years. Layton, UT is a popular place for families, as children make up 28.0% of the population. The area has a highly educated workforce, with 45.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,300 | 19.3% |
% Under 18 | 28.0% | 1.1% |
% Seniors | 14.2% | 15.4% |
% WFH | 16.6% | 196.4% |
% w/ College Degree | 45.6% | 13.2% |
As of the latest ACS Survey released in 2023, Layton, UT is a predominantly white area, with 81.4% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Layton, UT is hispanic, making up 11.2% of the population. Foreign-born residents account for 4.4% of the population in Layton, UT, and this percentage has decreased by 2.2% 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 | 81.4% | -3.9% |
% Black | 1.4% | -30.0% |
% Hispanic | 11.2% | 111.3% |
% Asian | 2.4% | -17.2% |
% Foreign Born | 4.4% | -2.2% |
Mortgage and Risk — Layton, UT
According to HUD data as of 2023, there were 393 mortgage originations in Layton, UT, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Layton, UT. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 393 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Layton, UT
As of 2024, the percent of homes in Layton, UT under the Section 8 program is 4.9%. 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 Layton, 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 | 71 |
Total Units Section 8 | 71 |
% Rentals under Section 8 | 4.9% |
% Occupied Section 8 | 70.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $340 | $1,240 | $1,580 |
| 2 Bedroom | $320 | $1,640 | $1,960 |
| 3 Bedroom | $930 | $1,700 | $2,630 |
| 4 Bedroom | $550 | $2,630 | $3,180 |
Affordability — Layton, UT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $579,000 |
| Median Household Income | $123,000 |