Welcome to our 84020 real estate data hub, tailored for investors in Draper, UT. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 84020 in Draper, UT. Discover Section 8 housing opportunities and challenges to maximize your investment potential in SALT LAKE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Draper, UT real estate investing. Uncover the wealth of information available, and position yourself for success in the Draper property market.
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Location Overview
- Zip Code: 84020
- City: Draper
- State: UT
- Metro Area: Salt Lake City, UT
- County Name: SALT LAKE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $765,193
- Average Home Price (Single Family Homes): $792,692
- Average Monthly Rental Price (All Types): $1,764
- Price-to-Rent Ratio: 36
- Zillow Projected % appreciation from 4/2023-4/2024: 1.5%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,840
- Average 3 Bedroom Section 8 Rental Rates: $2,530
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 34.66
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 25.2
- Number of Units Offered in Section 8 in the County: 2655
- Number of Occupied Units in Section 8 in the County: 2488
- Percentage of Section 8 Units Occupied in the County: 93.69999695%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 422.59
- Total % Appreciation since 2000 (Government Data): 169.42
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.63%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -1.79%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 40.23%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 60.03%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 131.77%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 84.37%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 181.81%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 1.1%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 4.25%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 30.4%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%