Market Overview
Home Prices in Erda, UT
The median home value in Erda, UT is $738,593 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.4% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Erda are priced80% above average. Erda is part of the Salt Lake City, UT metro area.
Over the past five years, Erda home values have risen by approximately19.5%, reflecting steady appreciation in this market.
Price History
Erda Home Price Trend
2020
$502,033
$502K
—
2021
$617,937
$618K
+23.1%
2022
$743,505
$744K
+20.3%
2023
$705,971
$706K
-5.0%
2024
$719,109
$719K
+1.9%
2025
$735,405
$735K
+2.3%
2026
$738,593
$739K
+0.4%
City Comparison
Erda vs. National Median
🏠 Erda
$738,593
National Median
$410,000
At $738,593, homes in Erda cost 80% above the national median of $410,000. Buyers in Erda should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Erda?
20% Down Payment
$147,719
on $738,593
Monthly P&I
$3,852/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,892/mo
incl. taxes & insurance
Income Needed
$195,680
gross annual (30% rule)
10% Down Option
$73,859
+ PMI applies
Loan Amount (20% dn)
$590,874
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 Erda, UT?
The median home value in Erda is $738,593 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.4% year-over-year.
How much have home prices changed in Erda?
Over the past year, home values in Erda have increased by 0.4%. Over five years, prices have risen approximately 19.5%.
How much do I need to earn to buy a home in Erda?
To comfortably afford the median home price of $738,593 with a 20% down payment ($147,719) at today's rates (6.8%), you'd need a gross annual income of approximately $195,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Erda compare to the national average home price?
The national median home value is approximately $410,000. At $738,593, homes in Erda are 80% above the national average.
What metro area is Erda part of?
Erda is part of the Salt Lake City, UT metropolitan area. Home prices and market conditions can vary across the broader metro region.