The story of this market
The typical home in ZIP 84020 sells for about $829,754, or $269 per square foot.
Prices are down 8.8% from a year ago, which gives buyers more room to negotiate. Homes take about 36 days to sell. HUD's fair market rent for a two-bedroom is $2,200 a month.
ZIP 84020 — Draper
The 84020 housing market is currently experiencing a correction with median prices down 8.8% year-over-year to $830,000. While inventory remains balanced, the market is characterized as a buyer's market due to supply exceeding demand. Several data points, including specific vacancy rates and tax history, were not determinable at the ZIP level.
This ZIP is well-suited for family buyers and professionals who value access to outdoor recreation and suburban amenities while maintaining a commute to the Salt Lake City metro area.
Median prices moved down 8.8% year over year.
Homes spend a median of 36 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 94% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 84020, Salt Lake County UT
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Canyons School District, which generally maintains high performance ratings across its schools.
The area is a significant residential hub in the Draper region with ongoing development and proximity to major employment corridors in the Salt Lake Valley.
Property taxes are assessed at the county level in Utah; specific district rates vary based on local municipal and school district levies.
Residents typically commute via I-15 toward the Salt Lake City employment core, with transit options including regional bus and light rail connections.
The area features extensive access to the Wasatch Mountains, including hiking and biking trails in Corner Canyon, as well as local parks and shopping centers.
The rental market shows sustained demand with a median rent of $2,200, reflecting the area's desirability for families and professionals.
The local economy is driven by a mix of professional services, retail, and proximity to the broader Salt Lake City tech and business corridor.
The area is primarily served by I-15, providing a direct corridor for commuters traveling north to Salt Lake City or south to Provo.
Ongoing residential and mixed-use development continues to shape the suburban landscape of the Draper area.
Parcels are subject to Canyons School District levies and various municipal service district assessments.
Data retrieved from Census Bureau ZCTA profiles.
- Thanksgiving Point4.65.5 mi
- Liberty Park4.617.5 mi
- Gardner Village4.69.3 mi
- Classic Fun Center4.47.2 mi
- Boondocks Food and Fun - Draper4.32.9 mi
- Delta Center4.619.3 mi
- Salt Palace Convention Center4.519.3 mi
- Utah First Credit Union Amphitheatre4.315.6 mi
- Utah State Capitol4.719.9 mi
- Snowbird4.611.1 mi
- Loveland Living Planet Aquarium4.64.2 mi
- Thanksgiving Point4.65.5 mi
- Alta Ski Area4.612.4 mi
- Megaplex Sandy at Jordan Commons4.56.8 mi
- Cinemark Jordan Landing 24 and XD4.511.7 mi
- Temple Square4.719.4 mi
- Utah State Capitol4.719.9 mi
- Thanksgiving Point4.65.5 mi
- Natural History Museum of Utah4.818.7 mi
- Clark Planetarium4.619.2 mi
- Thanksgiving Point4.65.5 mi
- Cook Family Park4.69.5 mi
- Wheeler Historic Farm4.79.9 mi
- Ashton Gardens at Thanksgiving Point4.75.7 mi
- Timpanogos Cave National Monument4.87.5 mi
- Topgolf Salt Lake City4.310 mi
- Mulligans Golf & Games4.26.1 mi
- Cedar Hills Golf Club4.36 mi
- River Oaks Golf Course4.37.6 mi
- Riverbend Golf Course4.24.9 mi
- Fashion Place4.410.3 mi
- Outlets at Traverse Mountain4.54.8 mi
- The Shops at South Town4.35.7 mi
- WinCo Foods4.49.9 mi
- Jordan Landing4.411.7 mi
- Salt Lake City International Airport4.221.9 mi
- Provo Airport4.420.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Extensive mountain biking and hiking trails serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.