Woods Cross, UT—84087
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Woods Cross, UT
As of Oct '25, the median home price in Woods Cross, UT is $543,000, with a year-over-year change of 1.8%. This indicates that home prices in Woods Cross, UT are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $543,000 | 1.8% |
| Single Family | $544,000 | 1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $500,000 | 1.8% |
4 Bed | $556,000 | 1.8% |
| 5 Bed | $624,000 | 2.0% |
% of Housing Stock
Rental Trends — Woods Cross, UT
As of July '25, Rentcast reports the average rent in Woods Cross, UT is $2,500, with a year-over-year rent change of 5.0%. Per bedroom, the median rent as of July '25 in Woods Cross, UT is 1-bedrooms: $850, 2-bedrooms: $2,030, 3-bedrooms: $2,290, 4-bedrooms: $2,630. The most common rental property sizes in Woods Cross, UT are 3-bedroom and 2-bedroom, accounting for 45.2% and 30.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,450 | $2,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $850 |
| 2 Bed Rent | $2,000 | $2,030 |
| 3 Bed Rent | $2,200 | $2,290 |
| 4 Bed Rent | $2,600 | $2,630 |
% of Rental Stock
Property Listings — Woods Cross, UT
As of Oct '25, Realtor.com reports that the median days on market for a home in Woods Cross, UT is 49. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $556,000 | 6.0% |
Listing Count | 43 | 22.0% |
| Listings as % of Homes | 0.5% | 22.0% |
Days on Market | 49 | -5.0% |
Demographics — Woods Cross, UT
As of the latest ACS Survey released in 2023, Woods Cross, UT has a population of 17,000, which has increased by 10.0% over the past 5 years. Woods Cross, UT is a popular place for families, as children make up 30.2% of the population. The area has a moderately educated workforce, with 36.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,000 | 10.0% |
% Under 18 | 30.2% | 6.0% |
% Seniors | 9.4% | 0.0% |
% WFH | 15.3% | 173.2% |
% w/ College Degree | 36.1% | 14.2% |
As of the latest ACS Survey released in 2023, Woods Cross, UT is a predominantly white area, with 87.0% of the population identifying as white. The white population has grown by 3.2% in the last 5 years. The second most common race or ethnicity in Woods Cross, UT is hispanic, making up 7.1% of the population. Foreign-born residents account for 3.7% of the population in Woods Cross, UT, and this percentage has decreased by 19.6% 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 | 87.0% | 3.2% |
% Black | 0.7% | -56.2% |
% Hispanic | 7.1% | 22.4% |
% Asian | 0.6% | -78.6% |
% Foreign Born | 3.7% | -19.6% |
Mortgage and Risk — Woods Cross, UT
According to HUD data as of 2023, there were 419 mortgage originations in Woods Cross, UT, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 43.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Woods Cross, UT. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 419 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Woods Cross, UT
As of 2024, the percent of homes in Woods Cross, UT under the Section 8 program is 1.2%. 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 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Woods Cross, UT, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $740 | $850 | $1,590 |
| 2 Bedroom | -$30 | $2,000 | $1,970 |
| 3 Bedroom | $440 | $2,200 | $2,640 |
| 4 Bedroom | $600 | $2,600 | $3,200 |
Affordability — Woods Cross, UT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $543,000 |
| Median Household Income | $122,000 |