Housing Market Overview

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

$747,623
$1,779

Housing Market Overview

Metric Riverton Utah Avg US Average
Median Home Price $747,623 $457,939 $242,182
Price Trend (Annual %) 16.8% 11.6% 8.2%
Median Gross Rent $1,779 $1,405 $1,342
Rent Trend (Annual %) 5.8% 6.4% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Riverton
Utah
United States
Year Riverton Utah United States
Median Rent Over Time
Riverton
Utah
United States
Year Riverton Utah United States

Affordability

On average, housing unit costs 6.3 yearly household incomes in Riverton.

Metric Riverton Utah Avg US Average
Median Home Price $747,623 $457,939 $242,182
Median Household Income $118,218 $92,351 $78,145
Price-to-Income Ratio 6.3 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 Riverton Utah Avg US Average
Homeownership Rate 85.8% 64.8% 58.2%
Rental Rate 11.6% 26.9% 31.3%
Vacancy Rate 2.6% 8.2% 10.6%
Median Tenure (years) 15.0 13.0 15.0
Median Year Moved In 2011 2013 2011

Housing Stock

Metric Riverton Utah Avg US Average
Average Household Size 3.30 people 2.99 people 2.54 people
Median Structure Built Year 1998 1988 1978
Median Number of Rooms 8.0 6.4 5.5