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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Hooper, UT Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Hooper, UT Housing Market Trends

With a population of 9,300, 2,539 total housing units (homes and apartments), and a median house value of $607,877, real estate costs in Hooper are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Utah communities.

Hooper is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Hooper than is found in 98% of the communities in America.

The large homes that make up Hooper are primarily owner-occupied ( 99.13%).

Hooper homes and real estate are some of the newest in America. 54.47% of Hooper's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Hooper real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 33.87%), and between 1940-1969 ( 6.34%). There's also some housing in Hooper built before 1939 ( 5.32%).

Hooper Home Appreciation Rates

In the last 10 years, Hooper has experienced some of the highest home appreciation rates of any community in the nation. Hooper real estate appreciated 119.86% over the last ten years, which is an average annual home appreciation rate of 8.20%, putting Hooper in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Hooper definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Hooper appreciation rates have trailed the rest of the nation. In the last twelve months, Hooper's appreciation rate has been 2.06%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hooper were at 0.24%, which equates to an annual appreciation rate of 0.96%.

Notably, Hooper's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Utah, our data show that Hooper's latest annual appreciation rate is lower than 70% of the other cities and towns in Utah.

Average Home Values

Median Home Value

$607,877

Hooper, UT Home Prices
> $1,319,000
$989,001 - $1,319,000
$660,001 - $989,000
$528,001 - $660,000
$396,001 - $528,000
$264,001 - $396,000
$132,001 - $264,000
$66,001 - $132,000
$0 - $66,000
0.7%
0.7%
9.4%
9.4%
29.9%
29.9%
33.8%
33.8%
7.7%
7.7%
11.2%
11.2%
3.1%
3.1%
0.8%
0.8%
3.3%
3.3%
0% 100.0%
% of Homes
High

for Utah

Very High

for nation

Number of Homes And Apartments:

2,539

Hooper Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,805 / per month

Homeownership Rate

Owners
Renters
99.1%
99.1%
0.9%
0.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
0.0%
0.0%
100.0%
100.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
54.5%
54.5%
33.9%
33.9%
6.3%
6.3%
5.3%
5.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
99.7%
99.7%
0.3%
0.3%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.7%
1.7%
0.0%
0.0%
6.2%
6.2%
23.9%
23.9%
32.3%
32.3%
36.0%
36.0%
0% 100.0%
% of Homes

Popular Neighborhoods in Hooper

Zip Codes in Hooper, UT