Cities with the fastest-growing home prices in the Salt Lake City metro area

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

compiled a list of cities with the most expensive homes in the Salt Lake City, UT metro area using data from . Charts show the monthly typical home value since January 2018.

You may also like: Salt Lake City mid-year housing market review

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#30. Cottonwood West, UT

- 1-year price change: -$12,739 (-2.8%)
- 5-year price change: +$1,026 (+0.2%)
- Typical home value: $438,971 (#26 most expensive city in metro)

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#29. Bluffdale, UT

- 1-year price change: -$3,629 (-0.6%)
- 5-year price change: +$46,968 (+8.3%)
- Typical home value: $611,342 (#12 most expensive city in metro)

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#28. Kearns, UT

- 1-year price change: -$2,667 (-0.6%)
- 5-year price change: +$58,154 (+15.4%)
- Typical home value: $436,749 (#27 most expensive city in metro)

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#27. Tooele, UT

- 1-year price change: -$1,490 (-0.3%)
- 5-year price change: +$51,979 (+13.7%)
- Typical home value: $430,286 (#28 most expensive city in metro)

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#26. Stansbury Park, UT

- 1-year price change: -$1,236 (-0.2%)
- 5-year price change: +$52,029 (+11.3%)
- Typical home value: $511,051 (#18 most expensive city in metro)

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#25. Magna, UT

- 1-year price change: +$179 (+0.0%)
- 5-year price change: +$73,267 (+20.0%)
- Typical home value: $439,173 (#24 most expensive city in metro)

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#24. Oquirrh, UT

- 1-year price change: +$1,158 (+0.2%)
- 5-year price change: +$52,384 (+12.0%)
- Typical home value: $489,494 (#21 most expensive city in metro)

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#23. West Valley City, UT

- 1-year price change: +$2,083 (+0.4%)
- 5-year price change: +$62,190 (+15.4%)
- Typical home value: $465,915 (#23 most expensive city in metro)

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#22. South Salt Lake, UT

- 1-year price change: +$2,261 (+0.5%)
- 5-year price change: +$35,576 (+8.8%)
- Typical home value: $438,981 (#25 most expensive city in metro)

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#21. Midvale, UT

- 1-year price change: +$2,579 (+0.5%)
- 5-year price change: +$48,814 (+11.2%)
- Typical home value: $485,327 (#22 most expensive city in metro)

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#20. Bingham Canyon, UT

- 1-year price change: +$3,930 (+0.9%)
- 5-year price change: +$61,166 (+16.9%)
- Typical home value: $423,159 (#29 most expensive city in metro)

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#19. Taylorsville, UT

- 1-year price change: +$4,628 (+0.9%)
- 5-year price change: +$61,737 (+14.3%)
- Typical home value: $492,974 (#20 most expensive city in metro)

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#18. Herriman, UT

- 1-year price change: +$4,835 (+0.8%)
- 5-year price change: +$60,977 (+11.3%)
- Typical home value: $601,499 (#13 most expensive city in metro)

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#17. Grantsville, UT

- 1-year price change: +$4,914 (+0.9%)
- 5-year price change: +$78,419 (+17.3%)
- Typical home value: $532,336 (#17 most expensive city in metro)

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#16. Riverton, UT

- 1-year price change: +$6,140 (+1.0%)
- 5-year price change: +$76,346 (+14.0%)
- Typical home value: $620,009 (#11 most expensive city in metro)

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#15. West Jordan, UT

- 1-year price change: +$7,185 (+1.3%)
- 5-year price change: +$73,862 (+15.4%)
- Typical home value: $554,733 (#15 most expensive city in metro)

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#14. Erda, UT

- 1-year price change: +$8,767 (+1.2%)
- 5-year price change: +$97,535 (+15.2%)
- Typical home value: $739,994 (#6 most expensive city in metro)

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#13. South Jordan, UT

- 1-year price change: +$9,001 (+1.4%)
- 5-year price change: +$69,368 (+11.7%)
- Typical home value: $661,471 (#7 most expensive city in metro)

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#12. Stockton, UT

- 1-year price change: +$9,276 (+2.4%)
- 5-year price change: data is not available (data not available)
- Typical home value: $395,462 (#30 most expensive city in metro)

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#11. Murray, UT

- 1-year price change: +$9,485 (+1.8%)
- 5-year price change: +$69,174 (+14.5%)
- Typical home value: $546,866 (#16 most expensive city in metro)

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#10. White City, UT

- 1-year price change: +$11,533 (+2.3%)
- 5-year price change: +$73,632 (+16.9%)
- Typical home value: $509,147 (#19 most expensive city in metro)

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#9. Salt Lake City, UT

- 1-year price change: +$13,264 (+2.4%)
- 5-year price change: +$57,958 (+11.3%)
- Typical home value: $572,003 (#14 most expensive city in metro)

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#8. Sandy, UT

- 1-year price change: +$13,925 (+2.2%)
- 5-year price change: +$92,460 (+16.3%)
- Typical home value: $659,401 (#8 most expensive city in metro)

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#7. Rush Valley, UT

- 1-year price change: +$15,581 (+2.5%)
- 5-year price change: +$119,810 (+22.6%)
- Typical home value: $648,989 (#9 most expensive city in metro)

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#6. Millcreek, UT

- 1-year price change: +$20,672 (+3.4%)
- 5-year price change: +$79,192 (+14.3%)
- Typical home value: $633,137 (#10 most expensive city in metro)

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#5. Draper, UT

- 1-year price change: +$23,101 (+2.9%)
- 5-year price change: +$105,121 (+14.9%)
- Typical home value: $811,598 (#4 most expensive city in metro)

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#4. Cottonwood Heights, UT

- 1-year price change: +$25,157 (+3.3%)
- 5-year price change: +$122,222 (+18.6%)
- Typical home value: $778,589 (#5 most expensive city in metro)

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#3. Holladay, UT

- 1-year price change: +$41,735 (+5.2%)
- 5-year price change: +$119,989 (+16.5%)
- Typical home value: $846,093 (#3 most expensive city in metro)

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#2. Mount Olympus, UT

- 1-year price change: +$77,514 (+7.4%)
- 5-year price change: +$209,101 (+22.7%)
- Typical home value: $1,131,609 (#2 most expensive city in metro)

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#1. Alta, UT

- 1-year price change: +$277,742 (+15.1%)
- 5-year price change: data is not available (data not available)
- Typical home value: $2,114,481 (#1 most expensive city in metro)

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