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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.



Vineyard, 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

Vineyard, UT Housing Market Trends

With a population of 14,535, 4,068 total housing units (homes and apartments), and a median house value of $688,579, Vineyard house prices are not only among the most expensive in Utah, Vineyard real estate also is some of the most expensive in all of America.

Large apartment complexes or high rise apartments are the single most common housing type in Vineyard, accounting for 39.83% of the town's housing units. Other types of housing that are prevalent in Vineyard include single-family detached homes ( 34.57%), row houses and other attached homes ( 19.39%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.22%). Towns with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact towns that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

The most prevalent building size and type in Vineyard are three and four bedroom dwellings. The town has a mixture of owners and renters, with 45.55% owning and 54.45% renting.

Vineyard homes and real estate are some of the newest in America. 97.50% of Vineyard's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Vineyard real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 1.18%), and before 1939 ( 0.67%).

Vineyard Home Appreciation Rates

In the last 10 years, Vineyard has experienced some of the highest home appreciation rates of any community in the nation. Vineyard real estate appreciated 138.30% over the last ten years, which is an average annual home appreciation rate of 9.07%, putting Vineyard in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Vineyard 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, Vineyard appreciation rates have trailed the rest of the nation. In the last twelve months, Vineyard's appreciation rate has been 1.62%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Vineyard were at 2.43%, which equates to an annual appreciation rate of 10.09%.

Relative to Utah, our data show that Vineyard's latest annual appreciation rate is lower than 80% of the other cities and towns in Utah.

Average Home Values

Median Home Value

$688,579

Vineyard Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,637 / per month

Homeownership Rate

Owners
Renters
45.6%
45.6%
54.4%
54.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
2.3%
2.3%
97.7%
97.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
97.5%
97.5%
1.2%
1.2%
0.6%
0.6%
0.7%
0.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
34.6%
34.6%
19.4%
19.4%
6.2%
6.2%
39.8%
39.8%
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
2.4%
2.4%
6.5%
6.5%
24.6%
24.6%
36.1%
36.1%
16.3%
16.3%
14.1%
14.1%
0% 100.0%
% of Homes

Popular Neighborhoods in Vineyard

Zip Codes in Vineyard, UT