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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 86,825 people, 32,326 houses or apartments, and a median cost of homes of $354,885, Ogden real estate values are some of the lowest in Utah, although compared to real estate around the nation, Ogden homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Ogden, accounting for 61.91% of the city's housing units. Other types of housing that are prevalent in Ogden include large apartment complexes or high rise apartments ( 18.98%), duplexes, homes converted to apartments or other small apartment buildings ( 11.24%), and a few row houses and other attached homes ( 5.17%).
The most prevalent building size and type in Ogden are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.43% owning and 41.57% renting.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Ogden's housing was primarily built during this period, from the '40s through the '60s. A full 33.17% of the city's housing hails from this era. Other housing ages represented in Ogden include homes built between 1970-1999 ( 29.75%) and housing constructed before 1939 ( 23.23%). There's also some housing in Ogden built between 2000 and later ( 13.85%).
In the last 10 years, Ogden has experienced some of the highest home appreciation rates of any community in the nation. Ogden real estate appreciated 154.94% over the last ten years, which is an average annual home appreciation rate of 9.81%, putting Ogden in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Ogden 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, Ogden appreciation rates have trailed the rest of the nation. In the last twelve months, Ogden's appreciation rate has been 2.85%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ogden were at 0.24%, which equates to an annual appreciation rate of 0.96%.
Notably, Ogden's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Utah, our data show that Ogden's latest annual appreciation rate is lower than 50% of the other cities and towns in Utah.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Ogden differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Ogden - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Ogden real estate investment or home purchase decisions.
$354,885
for Utah
for nation
32,326
$1,620 / per month