High prices are driving low homeownership, but Summit, Wasatch officials see paths forward

Home prices skyrocket in mountainous western state, leaving 91% of renters unable to buy

Home prices in Utah continue to increase, putting 91% of renters out of the running to become homeowners, according to a new report.

High prices are driving low homeownership, but Summit, Wasatch officials see paths forward

Summit and Wasatch counties are ranked as Utah’s most expensive housing markets according to a new housing report from the Kem C. Gardner Policy Institute.

How Utah could overcome a ‘bleak’ housing market for first-time buyers

Utah homes are technically a little more affordable than they were last year. But for many first-time buyers, entering the market remains “bleak.”

Utah housing among most expensive in US

The latest pulse reading on Utah’s housing market is out — and it shows home ownership remains out of reach for many Utahns, especially first-time homebuyers.

Summit County home prices fall, but most renters remain priced out

PARK CITY, Utah — Home prices in Summit County fell 5% over the past year, but that did little to make the local housing market more accessible to local households. At the same time, neighboring Wasatch County saw its median single-family home price jump nearly 22%, according to a new report from the Kem C. Gardner Policy Institute. The two counties remained the most expensive housing markets in Utah. The median home sale price in Summit County …

Utah housing market remains among most expensive in US

Utah’s median sale price across all housing types increased from $500,000 in the first quarter of 2025 to $520,000 in the first quarter of 2026.