Layton, UT—84041
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Layton, UT
Home Price Trends — Layton, UT
As of Oct '25, the median home price in Layton, UT is $475,000, with a year-over-year change of 1.0%. This indicates that home prices in Layton, UT are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $475,000 | 1.0% |
| Single Family | $476,000 | 1.1% |
| Condos | $463,000 | 13.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $377,000 | 2.7% |
3 Bed | $432,000 | 2.1% |
4 Bed | $471,000 | 1.1% |
| 5 Bed | $599,000 | 1.5% |
% of Housing Stock
Rental Trends — Layton, UT
As of July '25, Rentcast reports the average rent in Layton, UT is $1,950, with a year-over-year rent change of -1.0%. Per bedroom, the median rent as of July '25 in Layton, UT is studios: $1,140, 1-bedrooms: $1,120, 2-bedrooms: $1,350, 3-bedrooms: $2,030, 4-bedrooms: $2,380. The most common rental property sizes in Layton, UT are 2-bedroom and 1-bedroom, accounting for 35.8% and 21.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,050 | $1,950 |
| Studio Rent | $1,150 | $1,140 |
| 1 Bed Rent | $1,260 | $1,120 |
| 2 Bed Rent | $1,300 | $1,350 |
| 3 Bed Rent | $2,100 | $2,030 |
| 4 Bed Rent | $2,420 | $2,380 |
% of Rental Stock
Property Listings — Layton, UT
As of Oct '25, Realtor.com reports that the median days on market for a home in Layton, UT is 52. This is a increase of 4.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $456,000 | -3.0% |
Listing Count | 155 | 21.0% |
| Listings as % of Homes | 0.7% | 21.0% |
Days on Market | 52 | 4.0% |
Demographics — Layton, UT
As of the latest ACS Survey released in 2023, Layton, UT has a population of 54,800, which has increased by 6.7% over the past 5 years. Layton, UT is a popular place for families, as children make up 29.5% of the population. The area has a moderately educated workforce, with 30.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 54,800 | 6.7% |
% Under 18 | 29.5% | -13.7% |
% Seniors | 8.4% | 18.3% |
% WFH | 13.0% | 217.1% |
% w/ College Degree | 30.7% | 4.1% |
As of the latest ACS Survey released in 2023, Layton, UT is a predominantly white area, with 75.2% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Layton, UT is hispanic, making up 16.8% of the population. Foreign-born residents account for 7.4% of the population in Layton, UT, and this percentage has increased by 34.5% 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 | 75.2% | -2.3% |
% Black | 1.6% | 0.0% |
% Hispanic | 16.8% | 14.3% |
% Asian | 1.9% | -5.0% |
% Foreign Born | 7.4% | 34.5% |
Mortgage and Risk — Layton, UT
According to HUD data as of 2023, there were 1191 mortgage originations in Layton, UT, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Layton, 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 | 1,191 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Layton, UT
As of 2024, the percent of homes in Layton, UT under the Section 8 program is 9.7%. 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 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Layton, UT, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 603 |
Total Units Section 8 | 600 |
% Rentals under Section 8 | 9.7% |
% Occupied Section 8 | 78.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $1,260 | $1,210 |
| 2 Bedroom | $200 | $1,300 | $1,500 |
| 3 Bedroom | -$90 | $2,100 | $2,010 |
| 4 Bedroom | $20 | $2,420 | $2,440 |
Affordability — Layton, UT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $475,000 |
| Median Household Income | $87,600 |