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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Alpine, UT Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Alpine, UT Housing Market Trends

With a population of 5,152, 2,837 total housing units (homes and apartments), and a median house value of $992,449, Alpine house prices are not only among the most expensive in Utah, Alpine real estate also is some of the most expensive in all of America.

Alpine is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Alpine than is found in 98% of the communities in America.

The large homes that make up Alpine are primarily owner-occupied ( 86.27%).

There is a lot of housing in Alpine built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Alpine built between 2000 and later ( 41.33%). A lesser amount of the housing stock also hails from between 1940-1969 ( 4.72%).

Alpine Home Appreciation Rates

Appreciation rates for homes in Alpine have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 98.34%, which ranks in the top 30% nationwide. This equates to an annual average Alpine house appreciation rate of 7.09%.

Over the last year, Alpine appreciation rates have trailed the rest of the nation. In the last twelve months, Alpine's appreciation rate has been -0.67%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Alpine were at -0.97%, which equates to an annual appreciation rate of -3.83%.

Notably, Alpine's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Utah, our data show that Alpine's latest annual appreciation rate is higher than 50% of the other cities and towns in Utah.

Average Home Values

Median Home Value

$992,449

Alpine, UT Home Prices
> $1,259,000
$944,001 - $1,259,000
$629,001 - $944,000
$504,001 - $629,000
$378,001 - $504,000
$252,001 - $378,000
$126,001 - $252,000
$63,001 - $126,000
$0 - $63,000
33.2%
33.2%
23.1%
23.1%
28.2%
28.2%
5.3%
5.3%
5.0%
5.0%
1.0%
1.0%
1.9%
1.9%
0.3%
0.3%
2.0%
2.0%
0% 100.0%
% of Homes
Very High

for Utah

Very High

for nation

Number of Homes And Apartments:

2,837

Alpine Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,118 / per month

Homeownership Rate

Owners
Renters
86.3%
86.3%
13.7%
13.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.6%
3.6%
96.4%
96.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
41.3%
41.3%
53.0%
53.0%
4.7%
4.7%
0.9%
0.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
90.3%
90.3%
3.0%
3.0%
0.9%
0.9%
5.8%
5.8%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
4.7%
4.7%
1.2%
1.2%
5.2%
5.2%
7.0%
7.0%
19.9%
19.9%
62.1%
62.1%
0% 100.0%
% of Homes