Taylorsville, Utah Real Estate & Housing Market

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Taylorsville Housing Information

Index	Taylorsville	Utah	National
Median home price	$192,800	$224,600	$184,700
Median rent asked	$930	$912	$949
Avg. people per household	3.0	3.1	2.6
Owner occupied households	68.5%	69.6%	63.6%
Renter occupied households	31.5%	30.4%	36.4%

Above, you will see a summary of real estate in Taylorsville, UT. On average, homes in Taylorsville, UT cost $192,800, a value that is 14% lower than the average in Utah. In general terms, this results in Taylorsville, UT real estate being more affordable than Utah real estate. On average, people who rent houses in Taylorsville, UT pay $930; this value is 2% higher than the average amount renters pay in Utah. 68.5% of Taylorsville, UT residents own their own homes and, on average, each of the homes has 3.0 occupants. Taylorsville, UT real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in Taylorsville, UT is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.

Taylorsville Home Affordability

It’s advisable to look at home affordability when trying to find the ideal place to find real estate in Taylorsville, UT. To estimate home affordability, one method is to use the ratio of home price to median household income. The Taylorsville, UT’s median home price stands at $192,800 while $57,826 is the value of the average household income. The resulting home price to income ratio, which is 3.3x, differs from the Utah average as the ratio is 7% lower than the state’s average. The average home price divided by the median home income results in the home affordability ratio. Considering the comparison between the home price and home income, homes in Taylorsville, UT are considered less expensive if the ratio of home price to income is lower. Besides the home price to median household income ratio, other considerable factors do apply in determining home affordability. Using the home affordability calculator displayed below can help determine the exact price that suits any budget when searching for real estate in Taylorsville, UT.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Magna, UT	27,553	$150,600	18%
Kearns, UT	36,952	$154,100	17%
Copperton, UT	483	$164,600	11%
West Valley City, UT	134,609	$171,200	7%
South Salt Lake, UT	24,575	$174,100	6%
Taylorsville, UT	60,448	$192,800	4%

Cities with similar population

City, State	Population	Home Price	National Avg.
Bristol, CT	60,437	$192,500	4%
Rocklin, CA	60,509	$381,000	106%
West Allis, WI	60,543	$140,200	24%
National City, CA	60,349	$317,300	72%
Auburn, AL	60,318	$226,600	23%
Taylorsville, UT	60,448	$192,800	4%

Source: The Taylorsville, UT housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).