Hurricane, UT—84737
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hurricane, UT
As of Oct '25, the median home price in Hurricane, UT is $510,000, with a year-over-year change of 0.4%. This indicates that home prices in Hurricane, UT are flat. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $510,000 | 0.4% |
| Single Family | $520,000 | 0.2% |
| Condos | $397,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $211,000 | -0.9% |
2 Bed | $331,000 | -1.2% |
3 Bed | $462,000 | 0.2% |
4 Bed | $594,000 | 0.3% |
| 5 Bed | $749,000 | -0.8% |
% of Housing Stock
Rental Trends — Hurricane, UT
As of July '25, Rentcast reports the average rent in Hurricane, UT is $2,100, with a year-over-year rent change of 5.5%. Per bedroom, the median rent as of July '25 in Hurricane, UT is studios: $1,250, 1-bedrooms: $1,050, 2-bedrooms: $1,520, 3-bedrooms: $1,940, 4-bedrooms: $2,370. The most common rental property sizes in Hurricane, UT are 3-bedroom and 2-bedroom, accounting for 60.4% and 16.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,100 |
| Studio Rent | $1,250 | $1,250 |
| 1 Bed Rent | $1,120 | $1,050 |
| 2 Bed Rent | $1,500 | $1,520 |
| 3 Bed Rent | $1,900 | $1,940 |
| 4 Bed Rent | $2,300 | $2,370 |
% of Rental Stock
Property Listings — Hurricane, UT
As of Oct '25, Realtor.com reports that the median days on market for a home in Hurricane, UT is 80. This is a decrease of -6.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $650,000 | -7.0% |
Listing Count | 490 | 28.0% |
| Listings as % of Homes | 2.8% | 28.0% |
Days on Market | 80 | -6.0% |
Demographics — Hurricane, UT
As of the latest ACS Survey released in 2023, Hurricane, UT has a population of 23,500, which has increased by 33.8% over the past 5 years. Hurricane, UT is a moderately popular place for families, as children make up 22.9% of the population. The area has a moderately educated workforce, with 26.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,500 | 33.8% |
% Under 18 | 22.9% | -9.5% |
% Seniors | 22.9% | 13.9% |
% WFH | 14.7% | 70.9% |
% w/ College Degree | 26.1% | 33.8% |
As of the latest ACS Survey released in 2023, Hurricane, UT is a predominantly white area, with 84.8% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Hurricane, UT is hispanic, making up 9.1% of the population. Foreign-born residents account for 4.6% of the population in Hurricane, UT, and this percentage has increased by 24.3% 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 | 84.8% | -0.4% |
% Black | 0.7% | -41.7% |
% Hispanic | 9.1% | -8.1% |
% Asian | 0.8% | 0.0% |
% Foreign Born | 4.6% | 24.3% |
Mortgage and Risk — Hurricane, UT
According to HUD data as of 2023, there were 708 mortgage originations in Hurricane, UT, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Hurricane, UT. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 708 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 3.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Hurricane, UT
As of 2024, the percent of homes in Hurricane, UT under the Section 8 program is 1.3%. 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. In Hurricane, UT, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 33 |
Total Units Section 8 | 33 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$80 | $1,120 | $1,040 |
| 2 Bedroom | -$180 | $1,500 | $1,320 |
| 3 Bedroom | -$140 | $1,900 | $1,760 |
| 4 Bedroom | -$80 | $2,300 | $2,220 |
Affordability — Hurricane, UT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.1 |
| Median Home Price | $510,000 |
| Median Household Income | $70,400 |