Erda, UT

Full City Profile · Utah · Salt Lake County County

4.1 /5.0
A Great
3,294 Population 82/sq mi density
$153,068 Median Income $40,615 per capita
$600,700 Home Value $739,994 Zillow
52°F Avg Temperature
A
Overall
4.1 / 5.0
Strong
B+
Economy
3.8 / 5.0
$153,068 median income, 12.6% unemployment
A
Affordability
4.5 / 5.0
$600,700 home value, /mo rent
A
Education
4.1 / 5.0
38.4% bachelor's degree or higher

Housing Overview

Median Home Value
$600,700
113% above
US avg: $281,900
Homeownership Rate
97.4%
49% above US avg (65.4%)
Total Housing Units
819
Median year built: 1998

Home Value by Source

Census Median
$600,700
Zillow (ZHVI)
$739,994
Redfin Median Sale
$825,000
Median Sale Price
$825,000
Median List Price
$692,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

97.4%
Owner-Occupied
2.6%
Renter-Occupied
97%
3%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$981/mo
1 Bedroom
$1,082/mo
2 Bedroom
$1,313/mo
3 Bedroom
$1,746/mo
4 Bedroom
$2,105/mo

Market Indicators (Redfin)

Median Sale Price
$825,000
Median Days on Market
96 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$227
Active Inventory
15
homes for sale

Affordability & Housing Stock

Rent Burden
28.9%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1998
Average age of housing stock: 28 years
Homeownership Rate
97.4%

Complete Housing Data

Home Values

Census Median Value$600,700
Zillow Home Value (ZHVI)$739,994
Redfin Median Sale$825,000
Median Sale Price$825,000
Median List Price$692,450
Price Per Sq Ft$227

Rent

FMR Studio$981
FMR 1-Bedroom$1,082
FMR 2-Bedroom$1,313
FMR 3-Bedroom$1,746
FMR 4-Bedroom$2,105

Market

Days on Market96
Sale-to-List Ratio0.9%
Price Drops33.3%
Homes Sold1
Active Inventory15
Price Per Sq Ft$227

Ownership & Stock

Owner-Occupied97.4%
Renter-Occupied2.6%
Homeownership Rate97.4%
Total Housing Units819
Median Year Built1998
Rent Burden28.9%