Utah Mortgage Rates & Home Prices (2026)
Median price: $485,000 · Avg. rate: 6.84%
Utah Market Overview
$485,000
Median Home Price
6.84%
Avg. 30-Yr Rate
0.58%
Property Tax Rate
70.5%
Homeownership Rate
Utah's young, growing population has driven strong housing demand, particularly along the Wasatch Front. Salt Lake City and Provo lead in appreciation. Utah Housing offers competitive rates and DPA options, and the NoMI program eliminates mortgage insurance.
Estimated Monthly Payment
Median home in Utah (20% down, 30-yr fixed)
$2,976/mo
Principal & Interest$2,540
Property Taxes$234
Home Insurance (est.)$202
Total Monthly (PITI)$2,976
Based on a $485,000 home with 20% down ($388,000 loan) at 6.84%. Does not include PMI, HOA, or other fees.
First-Time Buyer Programs in Utah
- UHC FirstHome Loan
- UHC Score Loan
- Utah Housing NoMI Program
Contact your state's Housing Finance Agency for current program availability and requirements.
Rate Comparison: UT Rates
30-Year Fixed6.84%
15-Year Fixed6.06%
5/1 ARM (est.)6.09%
FHA 30-Year6.69%
VA 30-Year6.59%
Rates are estimates based on state averages and may vary by lender and borrower qualifications.
Frequently Asked Questions
Key Stats: UT
FHA Loan Limit$527,750
Median Income$86,833
Cost Index1.12x