Hooper, UT—84315
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hooper, UT
As of Oct '25, the median home price in Hooper, UT is $630,000, with a year-over-year change of 4.7%. This indicates that home prices in Hooper, 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 | $630,000 | 4.7% |
| Single Family | $631,000 | 4.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $511,000 | 7.4% |
3 Bed | $590,000 | 5.2% |
4 Bed | $628,000 | 4.7% |
| 5 Bed | $698,000 | 4.3% |
% of Housing Stock
Rental Trends — Hooper, UT
As of July '25, Rentcast reports the average rent in Hooper, UT is $2,090, with a year-over-year rent change of -8.7%. Per bedroom, the median rent as of July '25 in Hooper, UT is 2-bedrooms: $1,700, 3-bedrooms: $2,050, 4-bedrooms: $2,300. The most common rental property sizes in Hooper, UT are 2-bedroom and 3-bedroom, accounting for 56.2% and 43.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,090 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,400 | $1,700 |
| 3 Bed Rent | $2,000 | $2,050 |
| 4 Bed Rent | $2,100 | $2,300 |
% of Rental Stock
Property Listings — Hooper, UT
As of Oct '25, Realtor.com reports that the median days on market for a home in Hooper, UT is 82. This is a increase of 2.0% 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 | $682,000 | 2.0% |
Listing Count | 25 | -11.0% |
| Listings as % of Homes | 1.1% | -11.0% |
Days on Market | 82 | 2.0% |
Demographics — Hooper, UT
As of the latest ACS Survey released in 2023, Hooper, UT has a population of 9,690, which has increased by 8.6% over the past 5 years. Hooper, UT is a popular place for families, as children make up 33.4% of the population. The area has a moderately educated workforce, with 31.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,690 | 8.6% |
% Under 18 | 33.4% | 3.4% |
% Seniors | 10.7% | 32.1% |
% WFH | 15.4% | 175.0% |
% w/ College Degree | 31.7% | 29.4% |
As of the latest ACS Survey released in 2023, Hooper, UT is a predominantly white area, with 87.9% of the population identifying as white. The white population has grown by 2.1% in the last 5 years. The second most common race or ethnicity in Hooper, UT is hispanic, making up 7.7% of the population. Foreign-born residents account for 2.1% of the population in Hooper, UT, and this percentage has decreased by 25.0% 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 | 87.9% | 2.1% |
% Black | 0.1% | -87.5% |
% Hispanic | 7.7% | -26.7% |
% Asian | 0.9% | 28.6% |
% Foreign Born | 2.1% | -25.0% |
Mortgage and Risk — Hooper, UT
According to HUD data as of 2023, there were 380 mortgage originations in Hooper, UT, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 39.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Hooper, UT. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 380 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Hooper, UT
Hooper, UT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 6.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,340 |
| 2 Bedroom | $260 | $1,400 | $1,660 |
| 3 Bedroom | $230 | $2,000 | $2,230 |
| 4 Bedroom | $600 | $2,100 | $2,700 |
Affordability — Hooper, UT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $630,000 |
| Median Household Income | $111,000 |