HPI (2025)FHFA
322
State Series · West Region
Home Price History in Utah
FHFA all-transactions House Price Index for the state of Utah — annual data, 1975 through 2025, rebased to 100 in the year 2000.
YoY changeFHFA
+2.4%
5-yr changeFHFA
+53%
Since 2000FHFA
+222%
Utah's FHFA all-transactions House Price Index runs from 1975 through 2025. The state-level HPI, rebased to 100 in 2000, stood at 322.3 at the latest reading. Cumulative nominal appreciation since 2000: +222.3%.
The 2007–2011 housing crisis cut the Utah HPI by 20.5% peak-to-trough — from 152.8 in 2007 to 121.4 in 2011. The U.S. national HPI fell roughly 21% over the same window, so Utah's drawdown was in line with the national average.
The pandemic-era surge brought Utah's HPI from 200.3 in 2019 to 322.3 in 2025 — a +60.9% cumulative gain in 6 years, running above the national pace.
Utah sits in the West census region of the United States. Long-run state-level home-price appreciation reflects regional employment patterns, in-migration flows, and supply constraints. State-level FHFA series can mask significant intra-state divergence — see the linked metro pages below for sub-state breakdowns where available.
Metros in Utah covered by The Housing Almanac:
- Salt Lake City (national rank #47)
- Ogden (national rank #81)
- Provo–Orem (national rank #82)
For the U.S. national context, see the national median price history or browse all 50 states.
Annual data — Utah
FHFA House Price Index, 2000=100. Annual data; not seasonally adjusted. Source: U.S. Federal Housing Finance Agency.
| Year | HPI (2000=100) | YoY change |
|---|---|---|
| 2025 | 322.30 | +2.42% |
| 2024 | 314.69 | +3.61% |
| 2023 | 303.72 | +0.64% |
| 2022 | 301.78 | +20.12% |
| 2021 | 251.23 | +18.93% |
| 2020 | 211.24 | +5.48% |
| 2019 | 200.27 | +7.52% |
| 2018 | 186.26 | +9.01% |
| 2017 | 170.86 | +8.80% |
| 2016 | 157.04 | +7.48% |
| 2015 | 146.11 | +4.81% |
| 2014 | 139.40 | +6.81% |
| 2013 | 130.51 | +6.45% |
| 2012 | 122.60 | +0.96% |
| 2011 | 121.43 | -5.47% |
| 2010 | 128.46 | -7.46% |
| 2009 | 138.82 | -8.59% |
| 2008 | 151.86 | -0.63% |
| 2007 | 152.82 | +11.52% |
| 2006 | 137.03 | +16.04% |
| 2005 | 118.09 | +9.96% |
| 2004 | 107.39 | +2.72% |
| 2003 | 104.55 | +0.38% |
| 2002 | 104.15 | +0.77% |
| 2001 | 103.35 | +3.35% |
| 2000 | 100.00 | +1.62% |
| 1999 | 98.41 | +1.35% |
| 1998 | 97.10 | +3.64% |
| 1997 | 93.69 | +6.53% |
| 1996 | 87.95 | +6.89% |
| 1995 | 82.28 | +14.26% |
| 1994 | 72.01 | +13.47% |
| 1993 | 63.46 | +11.04% |
| 1992 | 57.15 | +5.11% |
| 1991 | 54.37 | +5.43% |
| 1990 | 51.57 | +3.37% |
| 1989 | 49.89 | +2.21% |
| 1988 | 48.81 | -3.29% |
| 1987 | 50.47 | -1.54% |
| 1986 | 51.26 | +1.00% |
| 1985 | 50.75 | +2.09% |
| 1984 | 49.71 | +0.79% |
| 1983 | 49.32 | +1.88% |
| 1982 | 48.41 | +2.07% |
| 1981 | 47.43 | +7.62% |
| 1980 | 44.07 | +4.80% |
| 1979 | 42.05 | +15.11% |
| 1978 | 36.53 | +16.93% |
| 1977 | 31.24 | +15.23% |
| 1976 | 27.11 | +10.74% |
| 1975 | 24.48 | — |
Methodology
The FHFA House Price Index is a weighted, repeat-sales index that measures average price changes in repeat sales or refinancings on the same single-family properties. The all-transactions index incorporates both purchase mortgages and refinance appraisals; the index is calibrated to the West census region and rebased to 100 in the year 2000.