How Utah Home Prices Will Compare In 2030

Housing affordability is already terrible in Utah, and it may just get worse by 2030.  

Rent prices, housing, food, and just about everything have gone up significantly while more people lose jobs and become part of the statistics. Utah is one of the places that may get hit the worst in coming years.  

HireAHelper, analyzed data from Redfin for the next five years using historical housing price rises and the media income needed to even have/purchase a home.  

Get our free mobile app

Utah is in for a shock.  

How Much Will Homes Cost in Utah in 2030? 

Houses are hardly affordable now in the beehive state, and that is for people who have two jobs, not even just one full time job. More people in their 20s and 30s are back home because rent prices are astronomical.  

Read More Here: Understanding Job Layoffs In Utah Amid AI Rise

Well, I would expect that to continue if things stay as they are.  

Utah is one of the top 10 states with the largest affordability gap predicted for 2030. Utahns will have to more than double their income to be able to afford a house by 82%. The predicted cost of a house in 2030 is $958,405 and that is just the median. To pay for that, Utahns would need to make at least $189,702 a year.  

So, Utah houses will be just shy of a million dollars, and Utahns will need to be making a lot more.  

According to data from HireAHelper, Utah will have the second highest predicted house prices after California. Major cities like Las Vegas, NV, Los Angeles, CA, Scottsdale, AZ and others are expected to see a huge price rise and become basically unlivable for the average person by 2030.