Zions Park, UT—84106
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Zions Park, UT
As of Oct '25, the median home price in Zions Park, UT is $580,000, with a year-over-year change of 2.4%. This indicates that home prices in Zions Park, UT are increasing. 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 | $580,000 | 2.4% |
| Single Family | $608,000 | 2.5% |
| Condos | $372,000 | -0.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $387,000 | 2.1% |
2 Bed | $421,000 | 1.2% |
3 Bed | $583,000 | 2.6% |
4 Bed | $654,000 | 2.3% |
| 5 Bed | $765,000 | 3.7% |
% of Housing Stock
Rental Trends — Zions Park, UT
As of July '25, Rentcast reports the average rent in Zions Park, UT is $1,950, with a year-over-year rent change of -3.9%. Per bedroom, the median rent as of July '25 in Zions Park, UT is studios: $1,310, 1-bedrooms: $1,300, 2-bedrooms: $1,700, 3-bedrooms: $2,340, 4-bedrooms: $2,980. The most common rental property sizes in Zions Park, UT are 2-bedroom and 1-bedroom, accounting for 35.6% and 24.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,950 |
| Studio Rent | $1,300 | $1,310 |
| 1 Bed Rent | $1,300 | $1,300 |
| 2 Bed Rent | $1,590 | $1,700 |
| 3 Bed Rent | $2,200 | $2,340 |
| 4 Bed Rent | $2,800 | $2,980 |
% of Rental Stock
Property Listings — Zions Park, UT
As of Oct '25, Realtor.com reports that the median days on market for a home in Zions Park, UT is 55. 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $604,000 | -2.0% |
Listing Count | 130 | 15.0% |
| Listings as % of Homes | 0.4% | 15.0% |
Days on Market | 55 | 8.0% |
Demographics — Zions Park, UT
As of the latest ACS Survey released in 2023, Zions Park, UT has a population of 33,800, which has decreased by -6.3% over the past 5 years. Zions Park, UT is a moderately popular place for families, as children make up 18.3% of the population. The area has a highly educated workforce, with 56.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,800 | -6.3% |
% Under 18 | 18.3% | -20.8% |
% Seniors | 14.8% | 14.7% |
% WFH | 24.0% | 433.3% |
% w/ College Degree | 56.9% | 18.3% |
As of the latest ACS Survey released in 2023, Zions Park, UT is a predominantly white area, with 82.2% of the population identifying as white. The white population has grown by 1.6% in the last 5 years. The second most common race or ethnicity in Zions Park, UT is hispanic, making up 7.5% of the population. Foreign-born residents account for 7.7% of the population in Zions Park, UT, and this percentage has decreased by 16.3% 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 | 82.2% | 1.6% |
% Black | 2.5% | 47.1% |
% Hispanic | 7.5% | -31.8% |
% Asian | 4.0% | 66.7% |
% Foreign Born | 7.7% | -16.3% |
Mortgage and Risk — Zions Park, UT
According to HUD data as of 2023, there were 662 mortgage originations in Zions Park, UT, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Zions Park, UT. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 662 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Zions Park, UT
As of 2024, the percent of homes in Zions Park, UT under the Section 8 program is 4.3%. 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 units appear to be good home sizes to consider for Section 8 housing in Zions Park, UT, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 262 |
Total Units Section 8 | 262 |
% Rentals under Section 8 | 4.3% |
% Occupied Section 8 | 93.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $40 | $1,300 | $1,340 |
| 2 Bedroom | $20 | $1,590 | $1,610 |
| 3 Bedroom | -$40 | $2,200 | $2,160 |
| 4 Bedroom | -$340 | $2,800 | $2,460 |
Affordability — Zions Park, UT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $580,000 |
| Median Household Income | $94,500 |