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Housing in Enterprise

A typical Enterprise home is worth roughly $1,017,000

Home prices around Enterprise have risen about 62% over the past 5 years.

Typical home value
$1.02M
▲ 2.3% in a year · UT $535K
Estimate
2-bedroom rent
$1,600
a month, utilities in · HUD
Median tax bill
$5,221
UT $2,525

What kind of housing town is Enterprise?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 6.9 years of income

More than across Utah (5.6 years). Try your own numbers below.

You could afford about
$609,000
Typical Enterprise home $1.02M

That’s $408K short of a typical Enterprise home.

The typical home, each month
$5,770
Loan $5,040Tax $440Insurance $300

A two-bedroom rents for about $1,600 a month here, $4,170 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Enterprise’s typical property tax (0.51% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

100% of Enterprise households own their home

Half of Enterprise’s homes were built before 2003.

Owners and renters
Own 100%

Utah: 70% own.

2003
typical home built · UT 1992
$5,221
median property tax bill · UT $2,525
0.51%
of a home’s value, a year in tax · UT 0.52%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Price trend

Home prices up 62% in 5 years

The federal house price index for the ZIP code around Enterprise rose 62% over the past 5 years, faster than across Utah (53%). Last year prices rose 2.3%.

Enterprise areaUtah
0%+50%+100%+150%+200%+250%200020052010201520202025
+2.3%
past year
+62%
past 5 years
+123%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Enterprise, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $1,600

Fair Market Rent a month, utilities included

Studio$1,200
1 bedroom$1,270
2 bedrooms$1,600
3 bedrooms$2,140
4 bedrooms$2,590
0%
of households rent · UT 30%

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Ogden, UT MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Neighbors talk housing

What Enterprise buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Enterprise still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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