Garland, UT—84312
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Garland, UT
As of Oct '25, the median home price in Garland, UT is $422,000, with a year-over-year change of 4.0%. This indicates that home prices in Garland, UT are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $422,000 | 4.0% |
| Single Family | $422,000 | 3.9% |
| 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 | $409,000 | 4.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Garland, UT
As of July '25, Rentcast reports the average rent in Garland, UT is $1,290, with a year-over-year rent change of -12.2%. Per bedroom, the median rent as of July '25 in Garland, UT is 1-bedrooms: $1,000, 2-bedrooms: $1,050, 3-bedrooms: $1,420. The most common rental property sizes in Garland, UT are 2-bedroom and 3-bedroom, accounting for 59.8% and 27.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,120 | $1,290 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $1,000 |
| 2 Bed Rent | $1,050 | $1,050 |
| 3 Bed Rent | $1,200 | $1,420 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Garland, UT
As of Oct '25, Realtor.com reports that the median days on market for a home in Garland, UT is 64. This is a increase of 21.0% 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $444,000 | -6.0% |
Listing Count | 28 | 2.0% |
| Listings as % of Homes | 1.3% | 2.0% |
Days on Market | 64 | 21.0% |
Demographics — Garland, UT
As of the latest ACS Survey released in 2023, Garland, UT has a population of 5,070, which has increased by 12.3% over the past 5 years. Garland, UT is a popular place for families, as children make up 33.7% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,070 | 12.3% |
% Under 18 | 33.7% | 7.3% |
% Seniors | 12.0% | -11.1% |
% WFH | 8.8% | 22.2% |
% w/ College Degree | 23.1% | 7.9% |
As of the latest ACS Survey released in 2023, Garland, UT is a predominantly white area, with 84.2% of the population identifying as white. The white population has shrunk by 6.2% in the last 5 years. The second most common race or ethnicity in Garland, UT is hispanic, making up 15.4% of the population. Foreign-born residents account for 3.5% of the population in Garland, UT, and this percentage has increased by 40.0% 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 | 84.2% | -6.2% |
% Black | 0.0% | N/A |
% Hispanic | 15.4% | 116.9% |
% Asian | 0.5% | -54.5% |
% Foreign Born | 3.5% | 40.0% |
Mortgage and Risk — Garland, UT
According to HUD data as of 2023, there were 238 mortgage originations in Garland, UT, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Garland, UT. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 238 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Garland, UT
Garland, UT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 1.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$200 | $1,000 | $800 |
| 2 Bedroom | -$100 | $1,050 | $950 |
| 3 Bedroom | $130 | $1,200 | $1,330 |
| 4 Bedroom | N/A | N/A | $1,600 |
Affordability — Garland, UT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $422,000 |
| Median Household Income | $77,100 |