Utah County Annual 2012 Home Prices
Information on Utah County home prices for 2012.
2012 Annual Home Prices
There were signs of a Utah County housing market recovery in 2012, with the median home price returning a 3.63% gain. Just like Salt Lake County and Davis County the home listing inventory really started to tighten towards the backend of the year, making it difficult for buyers to find their ideal home. Rising demand and a shrinking inventory have contributed to rising prices and more competition between buyers. Even with these improving conditions 4 northern Utah County zip codes saw their median sales price decline, with Salem suffering the worst, declining 9.79%. The majority of zip codes did experience median price rises, and Mapleton came out on top with an healthy 12.60% increase.
| City | Median Price | Units Sold | Percentage Change |
|---|---|---|---|
| Alpine - 84004 | $380,000 | 77 | down 2.56% |
| American Fork - 84003 | $255,000 | 370 | down 2.65% |
| Cedar Fort - 84013 | $149,000 | 6 | N/A |
| Eagle Mountain - 84005 | $180,000 | 387 | up 7.78% |
| Lehi - 84043 | $222,416 | 755 | up 2.14% |
| Lindon - 84042 | $272,900 | 72 | down 5.90% |
| Mapleton - 84664 | $308,400 | 84 | up 12.60% |
| Payson - 84651 | $174,950 | 242 | up 2.31% |
| Pleasant Grove - 84062 | $219,000 | 329 | up 6.57% |
| Salem - 84653 | $230,950 | 104 | down 9.79% |
| Santaquin - 84655 | $165,000 | 119 | up 3.13% |
| Saratoga Springs - 84045 | $233,771 | 338 | up 3.49% |
| Spanish Fork - 84660 | $176,000 | 404 | up 6.67% |
| Springville - 84663 | $179,950 | 293 | up 5.85% |
Data for home prices information provided by WFRMLS