Housing · Enterprise

Enterprise, UT housing market

The typical Enterprise home is worth about $414,000, up 1.6% in a year, 23% below the Utah typical home.

Home values, sales, trends and how Enterprise compares with the towns next door — updated as new data is published.

The market right now

Enterprise at a glance

Typical home value
$414K
▲ 1.6% in a year · Zillow
Median sale price
$745K
May 2026 · Redfin
Homes sold
1
in May · 2 for sale

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

EnterpriseUtah
$150K$200K$250K$300K$350K$400K$450K$500K$550K 20182020202220242026 Enterprise $414K Utah $535K
Show as a table
JanuaryEnterpriseUtah
2017$180,000$274,000
2018$207,000$300,000
2019$249,000$327,000
2020$271,000$350,000
2021$315,000$401,000
2022$396,000$499,000
2023$405,000$514,000
2024$411,000$516,000
2025$405,000$528,000
2026$414,000$538,000
August 2026$414,000$535,000
New construction

20 new homes permitted in 2025

Builders were permitted 20 new homes in Enterprise in 2025, all single-family houses, worth about $4.7 million to build. That's 10 per 1,000 residents, about the pace of Utah as a whole. Over the past 10 years, Enterprise has permitted 234 homes in all.

New homes, 2025
20
▼ 9% vs 2024
2026 so far
10
Jan–Aug · ▼ 17% vs last year
Per 1,000 residents
10
Utah: 8.8
Single-family
100%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
01020304050 2000: 2 homes 2000 2001: 3 homes 2002: 4 homes 2003: 5 homes (3 single-family, 2 in buildings with 2+ homes) 2004: 8 homes 2005: 32 homes 2005 2006: 15 homes 2007: 34 homes (32 single-family, 2 in buildings with 2+ homes) 2008: 9 homes 2009: 5 homes 2010: 4 homes 2010 2011: 2 homes 2012: 3 homes 2013: 8 homes 2014: 7 homes 2015: 5 homes 2015 2016: 6 homes 2017: 13 homes 2018: 13 homes 2019: 31 homes (29 single-family, 2 in buildings with 2+ homes) 2020: 26 homes (22 single-family, 4 in buildings with 2+ homes) 2020 2021: 46 homes (40 single-family, 6 in buildings with 2+ homes) 2022: 18 homes 2023: 39 homes (27 single-family, 12 in buildings with 2+ homes) 2024: 22 homes 2025: 20 homes 2025 2026 so far: 10 homes

Homes vs. people, 2010–2020

Residents+316
New homes+92

Between the 2010 and 2020 censuses, Enterprise gained 316 residents while 92 new homes were permitted: about 3.4 new residents per new home. Building and growth moved roughly in step. Across Utah: 2.7 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)10100$2.2 million
202520200$4.7 million
202422220$5 million
2023392712$7.4 million
202218180$4.1 million
202146406$10.6 million
202026224$5.5 million
201931292$7 million
201813130$3.2 million
201713130$355,000
2016660$1.5 million
2015550$1.3 million
2014770$2.5 million
2013880$1.9 million
2012330$830,000
2011220$836,000
2010440$988,000
2009550$1.7 million
2008990$2.4 million
200734322$6 million
200615150$2.7 million
200532320$4.6 million
2004880$1.3 million
2003532$612,000
2002440$490,000
2001330$352,000
2000220$237,000

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Affordability

4.5 years of income

The typical Enterprise home costs about 4.5 years of the town's median household income, less than across Utah (5.6 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
87.7%
Utah: 70.2%
Median tax bill
$1,611
Utah: $2,525
Median rent
$1,309
Utah: $1,496
Typical home built
1997
Utah: 1992

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,420

HUD's Fair Market Rent for a two-bedroom in Enterprise is $1,420 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Enterprise pay a median of $1,309. A two-bedroom takes about 19% of the town's median household income.

1 bedroom
$1,100
a month, with utilities
2 bedrooms
$1,420
a month, with utilities
3 bedrooms
$1,870
a month, with utilities
Share of income
19%
2 bedrooms ÷ median income

Studio $1,090 · 4 bedrooms $2,370

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (84725; St. George, UT MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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