Washington, UT—84780
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Washington, UT
As of Oct '25, the median home price in Washington, UT is $545,000, with a year-over-year change of 0.7%. This indicates that home prices in Washington, UT are flat. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $545,000 | 0.7% |
| Single Family | $554,000 | 0.4% |
| Condos | $308,000 | -2.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $177,000 | -2.2% |
2 Bed | $315,000 | -2.8% |
3 Bed | $464,000 | -0.2% |
4 Bed | $620,000 | 0.6% |
| 5 Bed | $808,000 | 0.6% |
% of Housing Stock
Rental Trends — Washington, UT
As of July '25, Rentcast reports the average rent in Washington, UT is $2,120, with a year-over-year rent change of 0.5%. Per bedroom, the median rent as of July '25 in Washington, UT is 1-bedrooms: $1,250, 2-bedrooms: $1,660, 3-bedrooms: $1,910, 4-bedrooms: $2,660. The most common rental property sizes in Washington, UT are 3-bedroom and 2-bedroom, accounting for 35.4% and 30.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $2,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,080 | $1,250 |
| 2 Bed Rent | $1,500 | $1,660 |
| 3 Bed Rent | $1,900 | $1,910 |
| 4 Bed Rent | $2,500 | $2,660 |
% of Rental Stock
Property Listings — Washington, UT
As of Oct '25, Realtor.com reports that the median days on market for a home in Washington, UT is 67. This is a increase of 29.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $628,000 | -8.0% |
Listing Count | 508 | 34.0% |
| Listings as % of Homes | 2.0% | 34.0% |
Days on Market | 67 | 29.0% |
Demographics — Washington, UT
As of the latest ACS Survey released in 2023, Washington, UT has a population of 30,700, which has increased by 23.5% over the past 5 years. Washington, UT is a popular place for families, as children make up 26.1% of the population. The area has a moderately educated workforce, with 34.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,700 | 23.5% |
% Under 18 | 26.1% | -15.8% |
% Seniors | 20.0% | 17.6% |
% WFH | 10.3% | 4.0% |
% w/ College Degree | 34.7% | 8.4% |
As of the latest ACS Survey released in 2023, Washington, UT is a predominantly white area, with 77.1% of the population identifying as white. The white population has shrunk by 13.1% in the last 5 years. The second most common race or ethnicity in Washington, UT is hispanic, making up 16.7% of the population. Foreign-born residents account for 5.2% of the population in Washington, UT, and this percentage has increased by 18.2% 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 | 77.1% | -13.1% |
% Black | 0.4% | -33.3% |
% Hispanic | 16.7% | 116.9% |
% Asian | 1.0% | 66.7% |
% Foreign Born | 5.2% | 18.2% |
Mortgage and Risk — Washington, UT
According to HUD data as of 2023, there were 1165 mortgage originations in Washington, UT, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Washington, UT. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,165 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 3.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Washington, UT
As of 2024, the percent of homes in Washington, UT under the Section 8 program is 1.0%. 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 Washington, UT, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 31 |
Total Units Section 8 | 31 |
% Rentals under Section 8 | 1.0% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $110 | $1,080 | $1,190 |
| 2 Bedroom | $20 | $1,500 | $1,520 |
| 3 Bedroom | $120 | $1,900 | $2,020 |
| 4 Bedroom | $50 | $2,500 | $2,550 |
Affordability — Washington, UT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $545,000 |
| Median Household Income | $94,100 |