Market Summary

Terrace Ridge, Salt Lake County, UT

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Median Home Price Price

$574,501 $574.5K

Median Monthly Rent Rent

$1,728 $1.7K

GRM

28.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Salt Lake County

Region Price Rent GRM Display
$549,988 $1,740 26.0x
$609,569 $1,664 31.0x
$467,733 $1,754 22.0x
$685,806 $1,747 33.0x
$443,665 $1,735 21.0x
$461,976 $1,749 22.0x
$518,224 $1,753 25.0x
$498,715 $1,566 26.0x
$478,273 $1,752 23.0x
$467,354 $1,734 22.0x
$510,416 $1,869 23.0x

Home prices

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Monthly rent

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GRM

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Similar markets within UT outside of Salt Lake County

Region Price Rent GRM Display
$532,337 $1,772 25.0x
$537,931 $1,657 27.0x
$566,206 $1,748 27.0x
$439,951 $1,662 22.0x
$485,767 $1,657 25.0x
$514,495 $1,648 26.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of UT

Region Price Rent GRM Display
$458,387 $1,734 22.0x
$654,436 $2,445 22.0x
$200,730 $1,366 12.0x
$508,919 $1,686 25.0x
$675,065 $1,960 29.0x
$579,606 $2,025 24.0x
$707,551 $1,697 35.0x
$376,187 $2,170 15.0x
$480,226 $1,722 23.0x
$401,228 $1,703 20.0x
$537,054 $1,743 26.0x
$547,308 $2,044 22.0x
$673,477 $2,031 28.0x
$652,811 $2,208 25.0x
$279,798 $1,836 13.0x
$261,027 $1,657 13.0x
$474,681 $1,741 23.0x
$427,881 $1,501 24.0x
$319,956 $1,418 19.0x

Home prices

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Monthly rent

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GRM

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Terrace Ridge

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Trend Insights

Median Rent in Terrace Ridge, UT is $1,728, with MoM change +$16 and YoY change +$87 pointing to positive momentum while volatility is low (std $20).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Terrace Ridge, UT.

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Metric
Base market Terrace Ridge, UT
Compare market Select a market
Delta vs base
Median rent
$1,728
N/A
Median price
$574,501
N/A
YoY change
+$87
N/A
Price-to-rent
27.7x
Data unavailable
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