Taylorsville, Utah Housing Market Prices
Taylorsville Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 7% above the Utah median$534,801
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Median rent About the same as the Utah median$1,495
Housing Market Overview
| Metric | Taylorsville | Utah Avg | US Average |
|---|---|---|---|
| Median Home Price | $534,801 | $498,552 | $248,835 |
| Price Trend (Annual %) | 22.3% | 11.3% | 7.5% |
| Median Gross Rent | $1,495 | $1,495 | $1,407 |
| Rent Trend (Annual %) | 6.1% | 6.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Taylorsville is about 7% higher than in Utah. Rent follows a similar pattern, running close to the Utah average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Taylorsville, up about 22.3% and 6.1% a year respectively. Home prices are changing faster.
Median rent in Taylorsville rose about 62.7% between 2015 and 2024, from $919 to $1,495. Over the same span, rent in Utah rose about 68.7%.
Affordability
On average, housing unit costs 6.1 yearly household incomes in Taylorsville.
Buying the median-priced home in Taylorsville costs roughly 29.8 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Taylorsville. The price-to-rent ratio in Utah is about 27.8.
| Metric | Taylorsville | Utah Avg | US Average |
|---|---|---|---|
| Median Home Price | $534,801 | $498,552 | $248,835 |
| Median Household Income | $87,628 | $95,466 | $80,455 |
| Price-to-Income Ratio | 6.1 | 5.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Taylorsville rose about 194.6%, while median household income rose about 45.7% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Taylorsville | Utah Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.8% | 64.6% | 58.5% |
| Rental Rate | 29.3% | 27.3% | 31.2% |
| Vacancy Rate | 3.9% | 8.1% | 10.2% |
| Median Tenure (years) | 14.0 | 13.0 | 15.0 |
| Median Year Moved In | 2012 | 2013 | 2011 |
Taylorsville has a homeownership rate of 66.8%, higher than the Utah average of 64.6%. Its housing vacancy rate is 3.9%, compared with 8.1% in Utah.
Housing Stock
| Metric | Taylorsville | Utah Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.93 people | 2.97 people | 2.53 people |
| Median Structure Built Year | 1982 | 1989 | 1978 |
| Median Number of Rooms | 6.4 | 6.4 | 5.5 |
The typical housing unit in Taylorsville was built around 1982. On average, 2.9 people live in a home with about 6.4 rooms, staying for about 14.0 years on average.
Taylorsville, UT Housing Compared With Nearby Cities
How Taylorsville, UT compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Taylorsville, UT | 61,499 | $534,801 #1/3 | $1,495 #2/3 | 69.5% #2/3 |
| West Valley City, UT | 133,435 | $360,563 | $1,493 | 71.8% |
| Midvale, UT | 34,643 | $410,494 | $1,584 | 43.1% |
Frequently Asked Questions
Common questions about the housing market in Taylorsville, Utah.
What is the median home price in Taylorsville, Utah?
The median home price in Taylorsville, Utah is $534,801, higher than the Utah average of $498,552.
What is the average home price in Taylorsville, Utah?
The typical home price in Taylorsville, Utah, reported as the median sale price, is $534,801. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Taylorsville, Utah?
The median gross rent in Taylorsville, Utah is $1,495 per month, about the same as the Utah average.
What was the median gross rent in Taylorsville in 2020?
In 2020, the median gross rent in Taylorsville, Utah was $1,132 per month.
What is the price-to-rent ratio in Taylorsville, Utah?
The price-to-rent ratio in Taylorsville, Utah is about 29.8, meaning it would take roughly 29.8 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Taylorsville.
Are home prices or rent rising faster in Taylorsville, Utah?
Both home prices and rent are rising in Taylorsville, up about 22.3% and 6.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Taylorsville, Utah?
66.8% of households in Taylorsville, Utah own their home, higher than the Utah average of 64.6%.
What is the vacancy rate in Taylorsville, Utah?
The housing vacancy rate in Taylorsville, Utah is 3.9%, lower than the Utah average of 8.1%.
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