Bountiful, UT—84010
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bountiful, UT
As of Nov '25, the median home price in Bountiful, UT is $563,000, with a year-over-year change of 2.4%. This indicates that home prices in Bountiful, UT are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $563,000 | 2.4% |
| Single Family | $582,000 | 2.5% |
| Condos | $345,000 | -0.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $350,000 | -0.3% |
3 Bed | $490,000 | 2.9% |
4 Bed | $560,000 | 2.8% |
| 5 Bed | $712,085 | 1.6% |
% of Housing Stock
Rental Trends — Bountiful, UT
As of July '25, Rentcast reports the average rent in Bountiful, UT is $1,910, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Bountiful, UT is studios: $1,510, 1-bedrooms: $1,210, 2-bedrooms: $1,450, 3-bedrooms: $2,010, 4-bedrooms: $2,550. The most common rental property sizes in Bountiful, UT are 2-bedroom and 3-bedroom, accounting for 49.2% and 18.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,910 |
| Studio Rent | $815 | $1,510 |
| 1 Bed Rent | $1,300 | $1,210 |
| 2 Bed Rent | $1,400 | $1,450 |
| 3 Bed Rent | $1,900 | $2,010 |
| 4 Bed Rent | $2,500 | $2,550 |
% of Rental Stock
Property Listings — Bountiful, UT
As of Nov '25, Realtor.com reports that the median days on market for a home in Bountiful, UT is 60. This is a increase of 22.0% 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 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 | $535,000 | -1.0% |
Listing Count | 118 | 14.0% |
| Listings as % of Homes | 0.6% | 14.0% |
Days on Market | 60 | 22.0% |
Demographics — Bountiful, UT
As of the latest ACS Survey released in 2023, Bountiful, UT has a population of 46,700, which has remained stable by 0.7% over the past 5 years. Bountiful, UT is a popular place for families, as children make up 29.3% of the population. The area has a highly educated workforce, with 46.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 46,700 | 0.7% |
% Under 18 | 29.3% | -0.3% |
% Seniors | 14.1% | -5.4% |
% WFH | 19.5% | 182.6% |
% w/ College Degree | 46.2% | 5.0% |
As of the latest ACS Survey released in 2023, Bountiful, UT is a predominantly white area, with 83.6% of the population identifying as white. The white population has shrunk by 5.5% in the last 5 years. The second most common race or ethnicity in Bountiful, UT is hispanic, making up 7.4% of the population. Foreign-born residents account for 4.0% of the population in Bountiful, UT, and this percentage has decreased by 18.4% 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 | 83.6% | -5.5% |
% Black | 1.3% | 225.0% |
% Hispanic | 7.4% | 0.0% |
% Asian | 1.0% | -28.6% |
% Foreign Born | 4.0% | -18.4% |
Mortgage and Risk — Bountiful, UT
According to HUD data as of 2023, there were 917 mortgage originations in Bountiful, UT, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Bountiful, UT. Investor activity is low, as 2.0% 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 | 917 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Rentals and Section 8 — Bountiful, UT
As of 2024, the percent of homes in Bountiful, UT under the Section 8 program is 3.1%. 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. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Bountiful, UT, because HUD payments exceed market rent, while 1-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 273 |
Total Units Section 8 | 139 |
% Rentals under Section 8 | 3.1% |
% Occupied Section 8 | 75.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $1,300 | $1,250 |
| 2 Bedroom | $150 | $1,400 | $1,550 |
| 3 Bedroom | $180 | $1,900 | $2,080 |
| 4 Bedroom | $20 | $2,500 | $2,520 |
Affordability — Bountiful, UT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.2 |
| Median Home Price | $563,000 |
| Median Household Income | $102,000 |