Holladay, UT—84124
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Holladay, UT
Home Price Trends — Holladay, UT
As of Oct '25, the median home price in Holladay, UT is $798,000, with a year-over-year change of 3.4%. This indicates that home prices in Holladay, UT are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $798,000 | 3.4% |
| Single Family | $831,000 | 3.9% |
| Condos | $485,000 | 1.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $463,000 | 1.5% |
3 Bed | $655,000 | 2.7% |
4 Bed | $828,000 | 3.8% |
| 5 Bed | $1,074,000 | 3.9% |
% of Housing Stock
Rental Trends — Holladay, UT
As of July '25, Rentcast reports the average rent in Holladay, UT is $1,970, with a year-over-year rent change of -14.7%. Per bedroom, the median rent as of July '25 in Holladay, UT is 1-bedrooms: $1,140, 2-bedrooms: $1,760, 3-bedrooms: $2,520, 4-bedrooms: $2,630. The most common rental property sizes in Holladay, UT are 2-bedroom and 3-bedroom, accounting for 50.2% and 18.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,970 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,140 |
| 2 Bed Rent | $1,550 | $1,760 |
| 3 Bed Rent | $2,400 | $2,520 |
| 4 Bed Rent | $2,440 | $2,630 |
% of Rental Stock
Property Listings — Holladay, UT
As of Oct '25, Realtor.com reports that the median days on market for a home in Holladay, UT is 51. This is a increase of 15.0% 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 56.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $848,000 | -7.0% |
Listing Count | 96 | 31.0% |
| Listings as % of Homes | 0.6% | 31.0% |
Days on Market | 51 | 15.0% |
Demographics — Holladay, UT
As of the latest ACS Survey released in 2023, Holladay, UT has a population of 23,000, which has increased by 3.1% over the past 5 years. Holladay, UT is a moderately popular place for families, as children make up 24.3% of the population. The area has a highly educated workforce, with 60.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,000 | 3.1% |
% Under 18 | 24.3% | -5.8% |
% Seniors | 17.4% | 3.0% |
% WFH | 19.2% | 92.0% |
% w/ College Degree | 60.0% | 7.0% |
As of the latest ACS Survey released in 2023, Holladay, UT is a predominantly white area, with 81.7% of the population identifying as white. The white population has shrunk by 5.0% in the last 5 years. The second most common race or ethnicity in Holladay, UT is hispanic, making up 8.3% of the population. Foreign-born residents account for 7.8% of the population in Holladay, UT, and this percentage has decreased by 7.1% 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 | 81.7% | -5.0% |
% Black | 0.7% | -12.5% |
% Hispanic | 8.3% | 20.3% |
% Asian | 3.7% | -5.1% |
% Foreign Born | 7.8% | -7.1% |
Mortgage and Risk — Holladay, UT
According to HUD data as of 2023, there were 459 mortgage originations in Holladay, UT, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Holladay, UT. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 459 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Holladay, UT
As of 2024, the percent of homes in Holladay, 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 and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Holladay, UT, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 82 |
Total Units Section 8 | 82 |
% Rentals under Section 8 | 4.3% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $310 | $1,100 | $1,410 |
| 2 Bedroom | $150 | $1,550 | $1,700 |
| 3 Bedroom | -$120 | $2,400 | $2,280 |
| 4 Bedroom | $160 | $2,440 | $2,600 |
Affordability — Holladay, UT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.3 |
| Median Home Price | $798,000 |
| Median Household Income | $118,000 |