Market Overview
Home Prices in Draper, UT
The median home value in Draper, UT is $817,540 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and up 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Draper are priced99% above average. Draper is part of the Salt Lake City, UT metro area.
Over the past five years, Draper home values have risen by approximately18.8%, reflecting steady appreciation in this market.
Price History
Draper Home Price Trend
City Comparison
Draper vs. National Median
At $817,540, homes in Draper cost 99% above the national median of $410,000. Buyers in Draper should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Draper?
20% Down Payment
$163,508
on $817,540
Monthly P&I
$4,264/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,415/mo
incl. taxes & insurance
Income Needed
$216,600
gross annual (30% rule)
10% Down Option
$81,754
+ PMI applies
Loan Amount (20% dn)
$654,032
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 Draper, UT?
The median home value in Draper is $817,540 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.1% year-over-year.
How much have home prices changed in Draper?
Over the past year, home values in Draper have increased by 2.1%. Over five years, prices have risen approximately 18.8%.
How much do I need to earn to buy a home in Draper?
To comfortably afford the median home price of $817,540 with a 20% down payment ($163,508) at today's rates (6.8%), you'd need a gross annual income of approximately $216,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Draper compare to the national average home price?
The national median home value is approximately $410,000. At $817,540, homes in Draper are 99% above the national average.
What metro area is Draper part of?
Draper is part of the Salt Lake City, UT metropolitan area. Home prices and market conditions can vary across the broader metro region.