Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$815,867
$1,602

Housing Market Overview

Metric Pleasant Grove Utah Avg US Average
Median Home Price $815,867 $457,939 $242,182
Price Trend (Annual %) 21.4% 11.6% 8.2%
Median Gross Rent $1,602 $1,405 $1,342
Rent Trend (Annual %) 6.4% 6.4% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Pleasant Grove
Utah
United States
Year Pleasant Grove Utah United States
Median Rent Over Time
Pleasant Grove
Utah
United States
Year Pleasant Grove Utah United States

Affordability

On average, housing unit costs 8.6 yearly household incomes in Pleasant Grove.

Metric Pleasant Grove Utah Avg US Average
Median Home Price $815,867 $457,939 $242,182
Median Household Income $94,381 $92,351 $78,145
Price-to-Income Ratio 8.6 5.0 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Pleasant Grove Utah Avg US Average
Homeownership Rate 61.3% 64.8% 58.2%
Rental Rate 34.7% 26.9% 31.3%
Vacancy Rate 4.0% 8.2% 10.6%
Median Tenure (years) 13.0 13.0 15.0
Median Year Moved In 2013 2013 2011

Housing Stock

Metric Pleasant Grove Utah Avg US Average
Average Household Size 3.18 people 2.99 people 2.54 people
Median Structure Built Year 1996 1988 1978
Median Number of Rooms 6.1 6.4 5.5