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Roy, UT—84067

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$438,000
1.6% YoY Growth
Household Income
$90,900
32.8% YoY Growth
Days on Market
32
1.0% Longer YoY
Home Price Forecast
0.4%
Median Rent
$1,840
3.4% YoY Growth
1-Bed Rent
$1,500
63.7% YoY Growth
2-Bed Rent
$1,240
0.0% YoY Growth
3-Bed Rent
$2,200
10.5% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Roy, UT

As of May '26, the median home price in Roy, UT is $438,000, with a year-over-year change of 1.6%. This indicates that home prices in Roy, UT are increasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$438,0001.6%
Single Family $441,0001.4%
Condos $268,000-2.5%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$346,0000.9%
    3 Bed
    		$424,0001.2%
    4 Bed
    		$444,0001.4%
    5 Bed $487,4301.9%
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    % of Housing Stock

    Studio
    0.7%
    1 Bedroom
    1.9%
    2 Bedrooms
    12.0%
    3 Bedrooms
    35.0%
    4 Bedrooms
    29.1%
    5+ Bedrooms
    21.5%

    Rental Trends — Roy, UT

    As of July '25, Rentcast reports the average rent in Roy, UT is $1,810, with a year-over-year rent change of 3.4%. Per bedroom, the median rent as of July '25 in Roy, UT is studios: $745, 1-bedrooms: $1,290, 2-bedrooms: $1,280, 3-bedrooms: $2,100, 4-bedrooms: $2,480. The most common rental property sizes in Roy, UT are 3-bedroom and 2-bedroom, accounting for 31.1% and 27.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,840$1,810
    Studio Rent $745$745
    1 Bed Rent $1,500$1,290
    2 Bed Rent $1,240$1,280
    3 Bed Rent $2,200$2,100
    4 Bed Rent $2,440$2,480
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    % of Rental Stock

    Studio
    5.2%
    1 Bedroom
    7.5%
    2 Bedrooms
    27.6%
    3 Bedrooms
    31.1%
    4 Bedrooms
    16.4%
    5+ Bedrooms
    12.2%

    Property Listings — Roy, UT

    As of May '26, Realtor.com reports that the median days on market for a home in Roy, UT is 32. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 46.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$421,000-1.0%
    Listing Count
    		121-22.0%
    Listings as % of Homes0.7%-22.0%
    Days on Market
    		321.0%
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    Demographics — Roy, UT

    As of the latest ACS Survey released in 2023, Roy, UT has a population of 38,800, which has remained stable by -0.7% over the past 5 years. Roy, UT is a popular place for families, as children make up 27.4% 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 some residents working remotely, with 15.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		38,800-0.7%
    % Under 18
    		27.4%-12.7%
    % Seniors
    		11.4%18.8%
    % WFH
    		15.0%257.1%
    % w/ College Degree
    		23.1%19.7%
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    As of the latest ACS Survey released in 2023, Roy, UT is a predominantly white area, with 73.5% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Roy, UT is hispanic, making up 19.4% of the population. Foreign-born residents account for 6.1% of the population in Roy, UT, and this percentage has increased by 3.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		73.5%-3.0%
    % Black
    		0.8%-20.0%
    % Hispanic
    		19.4%19.8%
    % Asian
    		1.7%-26.1%
    % Foreign Born
    		6.1%3.4%
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    Mortgage and Risk — Roy, UT

    According to HUD data as of 2023, there were 1131 mortgage originations in Roy, UT, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Roy, UT. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		1,131
    % Conventional Loans
    		75.0%
    % Government Loans
    		25.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		12.0%
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    Rentals and Section 8 — Roy, UT

    As of 2024, the percent of homes in Roy, UT under the Section 8 program is 5.2%. 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 Roy, UT, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		85
    Total Units Section 8
    		85
    % Rentals under Section 8
    		5.2%
    % Occupied Section 8
    		79.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$230$1,500$1,270
    2 Bedroom$330$1,240$1,570
    3 Bedroom-$90$2,200$2,110
    4 Bedroom$110$2,440$2,550

    Affordability — Roy, UT

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.6
    Median Home Price$438,000
    Median Household Income$90,900

    Roy, UT — ZIP Code Boundary Map

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    Frequently Asked Questions