84318, Hyde Park, UT

The 84318 zip code of Hyde Park, UT has a median home value of $269,000 and a median home equity value of $128,000. The zip code has a population of 2,811 and an unemployment rate of 4.9%. In the past year, there have been no sales in the zip code and the average list price has decreased by 0.5%.

Hyde Park is located in Salt Lake County and is bordered by West Jordan to the north, South Jordan to the east, Sandy to the south, and Murray to the west. The median household income in Hyde Park is $101,719 which is higher than both Salt Lake County as a whole ($68,594) and Utah as a whole ($55,555). The percentage of households earning over $150k annually is also higher than both Salt Lake County (27%) and Utah (21%).

One factor that may be contributing to the decrease in home prices in Hyde Park is that there have been no sales recorded within this zip code for the past year. This lack of activity may be due to either low demand or high supply – either way it could lead to lower prices over time. Additionally, Hyde Park has seen an increase in its unemployment rate over recent years which could also be impacting home values. Despite these challenges however, there are still many homeowners who are able to afford homes within this zip code – especially given its high median household income.