Lake Point, UT
Full City Profile · Utah · Salt Lake County County
3.5
/5.0
B+
Good
2,938
Population
643/sq mi density
$133,175
Median Income
$75,374 per capita
$566,200
Home Value
$513,175 Zillow
54°F
Avg Temperature
316 sunny days/yr
298
Violent Crime/100K
4,181 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$133,175 median income, 0.7% unemployment
A
Affordability
4.3 / 5.0
$566,200 home value, /mo rent
F
Safety
1.0 / 5.0
298 violent crimes/100K
B+
Education
3.6 / 5.0
32.2% bachelor's degree or higher
Housing Overview
Median Home Value
$566,200
101% above
US avg: $281,900
Homeownership Rate
81.4%
24% above US avg (65.4%)
Home Value by Source
Census Median
$566,200
Zillow (ZHVI)
$513,175
Median Sale Price
$719,995
Median List Price
$575,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.4%
Owner-Occupied
18.6%
Renter-Occupied
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 Days on Market
184 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
13.3%
of listings with price reduction
Price Per Sq Ft
$206
Active Inventory
30
homes for sale
Affordability & Housing Stock
Rent Burden
14.9%
of renters spending 30%+ of income on housing
52% below US avg (31.0%)
Homeownership Rate
81.4%
Complete Housing Data
Home Values
| Census Median Value | $566,200 |
| Zillow Home Value (ZHVI) | $513,175 |
| Median Sale Price | $719,995 |
| Median List Price | $575,000 |
| Price Per Sq Ft | $206 |
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 Market | 184 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 13.3% |
| Homes Sold | 4 |
| Active Inventory | 30 |
| Price Per Sq Ft | $206 |
Ownership & Stock
| Owner-Occupied | 81.4% |
| Renter-Occupied | 18.6% |
| Homeownership Rate | 81.4% |
| Rent Burden | 14.9% |
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