Market Overview
Home Prices in Bingham Canyon, UT
The median home value in Bingham Canyon, UT is $433,418 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.3% compared to a year ago and up 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bingham Canyon are priced6% above average. Bingham Canyon is part of the Salt Lake City, UT metro area.
Over the past five years, Bingham Canyon home values have risen by approximately19.9%, reflecting steady appreciation in this market.
Price History
Bingham Canyon Home Price Trend
City Comparison
Bingham Canyon vs. National Median
At $433,418, homes in Bingham Canyon cost 6% above the national median of $410,000. Buyers in Bingham Canyon should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Bingham Canyon?
20% Down Payment
$86,684
on $433,418
Monthly P&I
$2,260/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,870/mo
incl. taxes & insurance
Income Needed
$114,800
gross annual (30% rule)
10% Down Option
$43,342
+ PMI applies
Loan Amount (20% dn)
$346,734
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bingham Canyon, UT?
The median home value in Bingham Canyon is $433,418 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.3% year-over-year.
How much have home prices changed in Bingham Canyon?
Over the past year, home values in Bingham Canyon have increased by 1.3%. Over five years, prices have risen approximately 19.9%.
How much do I need to earn to buy a home in Bingham Canyon?
To comfortably afford the median home price of $433,418 with a 20% down payment ($86,684) at today's rates (6.8%), you'd need a gross annual income of approximately $114,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Bingham Canyon compare to the national average home price?
The national median home value is approximately $410,000. At $433,418, homes in Bingham Canyon are 6% above the national average.
What metro area is Bingham Canyon part of?
Bingham Canyon is part of the Salt Lake City, UT metropolitan area. Home prices and market conditions can vary across the broader metro region.