Holladay, 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 Q1 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

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

Holladay, UT Housing Market Trends

With 31,965 people, 11,170 houses or apartments, and a median cost of homes of $713,259, Holladay house prices are not only among the most expensive in Utah, Holladay real estate also is some of the most expensive in all of America.

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

The large homes that make up Holladay are primarily owner-occupied ( 77.30%).

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Holladay's housing was primarily built during this period, from the '40s through the '60s. A full 50.77% of the city's housing hails from this era. Other housing ages represented in Holladay include homes built between 1970-1999 ( 35.10%) and housing constructed between 2000 and later ( 11.53%). There's also some housing in Holladay built before 1939 ( 2.60%).

Holladay Home Appreciation Rates

In the last 10 years, Holladay has experienced some of the highest home appreciation rates of any community in the nation. Holladay real estate appreciated 125.81% over the last ten years, which is an average annual home appreciation rate of 8.49%, putting Holladay in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Holladay definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Holladay's appreciation rate, at 17.23%, has been at or slightly above the national average. In the latest quarter, Holladay's appreciation rate has been 1.02%, which annualizes to a rate of 4.12%.

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

Relative to Utah, our data show that Holladay's latest annual appreciation rate is lower than 90% of the other cities and towns in Utah.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Holladay differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Holladay - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Holladay real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$713,259

Holladay, UT HOME PRICES

> $1,466,000
$1,099,001 - $1,466,000
$732,001 - $1,099,000
$586,001 - $732,000
$440,001 - $586,000
$293,001 - $440,000
$147,001 - $293,000
$73,001 - $147,000
$0 - $73,000
8.5%
8.5%
9.6%
9.6%
28.5%
28.5%
19.6%
19.6%
16.3%
16.3%
10.2%
10.2%
5.3%
5.3%
0.8%
0.8%
1.2%
1.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for UT

Value Relative To Nation

Number Of Homes And Apartments:
11,170

Holladay Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
UT*
Compared To
America*
Latest Quarter:
2021 Q4 - 2022 Q1
Last 12 Months:
2021 Q1 - 2022 Q1
Last 2 Years:
2020 Q1 - 2022 Q1
Last 5 Years:
2017 Q1 - 2022 Q1
Last 10 Years:
2012 Q1 - 2022 Q1
Since 2000:
2000 Q1 - 2022 Q1
198.48% 5.04%
9
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,490 / per month

Homeownership Rate

Owners
Renters
Vacant
77.3%
77.3%
22.7%
22.7%
6.4%
6.4%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
11.5%
11.5%
35.1%
35.1%
50.8%
50.8%
2.6%
2.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
66.6%
66.6%
13.5%
13.5%
5.8%
5.8%
13.8%
13.8%
0.4%
0.4%
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
0.6%
0.6%
3.9%
3.9%
24.1%
24.1%
20.0%
20.0%
28.5%
28.5%
22.9%
22.9%
0.0% 100.0%
% OF HOMES