Draper, UT 84020 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Draper, UT — 84020
Market Hotness
44
Hotness Rank
#7,675
Hotness Score
44
Supply Score
54
Demand Score
34
DOM vs US
-4.3%
Faster
Price vs US
209%
Above avg
Median Listing Price
$900K
Population
50,278
Households
449,662
Median Days on Market
49
Active Listings
172
New Listings
84
Housing Market
Pricing
Median Listing Price
$900K
-13.2% YoY
Average Listing Price
$1.16M
-5.8% YoY
Price per Sq Ft
$263
-3.3% YoY
Median Sq Ft
3,676
-6.8% YoY
Inventory
Active Listings
172
0.0% YoY
New Listings
84
+35.5% YoY
Total Listings
224
-4.1% YoY
Buyer Competition
Pending Listings
53
-14.6% YoY
Pending Ratio
0.31
-5.3% YoY
Median Days on Market
49
+10.8% YoY
Price Reduced
32.9%
-1.9% YoY
FY2026 Fair Market Rent — Salt Lake County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,259
/month
1 BR
$1,456
/month
2 BR
$1,747
/month
3 BR
$2,333
/month
4 BR
$2,666
/month
FMR Trends — Salt Lake County
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
34.0
2024
Population
ZIP Population
50,278
+0.2% YoY
Salt Lake County Population
1,216,274
+1.3% YoY
Households
Total Housing Units
449,662
+2.2% YoY
Age
2024 Age Mix
1.2M
residents
Under 18
302,331
25.3%
Adults 18–64
752,027
62.9%
65 & Over
142,165
11.9%
Age Composition Over Time
2017–2024
Population Under 18
302,331
-1.3% YoY
Population 65 & Over
142,165
+3.7% YoY
Median Age
34.00
+0.6% YoY
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