Utah housing market remains among most expensive in U.S., with 91% of renters priced out

The latest pulse reading on Utah’s housing market is out — and it shows home ownership remains out of reach for many Utahns, especially first-time homebuyers.

Despite some slight fluctuations in early 2026, Utah is still among the nation’s top 10 most expensive states for single-family homes with a median price of $559,900.

Utah’s median sale price across all housing types increased from $500,000 in the first quarter of 2025 to $520,000 in the first quarter of 2026 — requiring an annual income of nearly $150,000 to buy, according to a new report released Wednesday by University of Utah housing researchers…

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