Market Report

Washington Terrace, UT · 84405

What homes have been selling for in Washington Terrace ZIP 84405 over the last 12 months. Based on 446 closed sales. Updated August 17, 2026.

What’s happening

Reading the latest sales…

Typical sale price

$430k

+1.1%vs last year

Days to sell

60 days

+5.4dvs last year

Homes sold (12 mo.)

446

Right now in Washington Terrace 84405

How homes are moving in this area, based on the latest 12 months of closed sales.

Days on market

60 days

Homes taking longer

Listings are sitting on the market longer than usual - buyers have time to evaluate.

List-to-sale price

95.7%

Room to negotiate

Buyers commonly close below original list price after negotiation.

Months of inventory

3 mo

Balanced market

Supply and demand are roughly in line - both sides have room to negotiate.

Recently sold nearby

The 8 most recent closings that look like your home. What similar properties actually sold for is the strongest anchor for what buyers will pay now - and where you should price to move.

Buy vs Rent in 84405

Renting tends to outpace buying over the next 15 years at today's prices and rates.

If you buy

$3,041/mo

If you rent

$1,266/mo

Assumes 20% down, 7% mortgage, 3.5% appreciation, 4% rent growth, 5% investment return on the alternative. Includes property tax, insurance, maintenance, and 8% selling costs at exit. Talk to an agent for your specific numbers.

Long-term market change

Typical home value (5-year window) with month-over-month change.

+18.1%

since Jun 2021

Biggest jump Jun 2021 (+2.5%) · Biggest drop Sep 2022 (-1.5%)

Value in Jun 2021

$392k

Peak (Jun 2022)

$476k

Today

$463k

Activity by month

Average homes sold and new listings hitting the market each calendar month, pooled across all years.

Most sales in Mar · Most new listings in May

When homes sell fastest

Average days to sell by month, pooled across every year. Lower = faster.

Jun fastest · Feb slowest

Neighborhood Demographics · 84405

Population

34,931

Median Income

$84,488

Median Home Value

$386,500

Median Rent

$1,266

3.9% gross yield

Homeownership

76.1%

9,289 own · 2,925 rent

Housing Units

12,645

3.4% vacant

College Educated

30.6%

Bachelor's or higher

Median Age

32.3

6.8% poverty rate

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

Other Utah markets

Nearby ZIPs in Washington Terrace and other high-activity areas.

See all

Saratoga Springs · 84045

1,605 sold · $490k median

Eagle Mountain · 84005

1,368 sold · $501k median

Herriman · 84096

1,211 sold · $575k median

Tooele · 84074

1,021 sold · $450k median

Ogden · 84404

932 sold · $415k median

Lehi · 84043

930 sold · $587k median

South Jordan · 84009

881 sold · $593k median

Clearfield · 84015

775 sold · $450k median

Washington · 84780

755 sold · $525k median

Ogden · 84401

747 sold · $460k median

West Jordan · 84081

717 sold · $565k median

American Fork · 84003

684 sold · $564k median

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