$405,000
14242 S Daisyfield Dr
Draper, UT
3 bd2 ba1,240 sqft$327/ft²
Condo436 sqft lot
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Draper, UT Housing Market
Balanced market+1.0% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Draper, UT is worth $811,598, rose 1.0% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $756,750, -13.0% year over year (through May 2026). With 3.5 months of supply and homes going under contract in about 28 days, Draper is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $811,598 home is about $4,333/mo in principal and interest.
Key numbers for Draper, UT
Typical home value
$811,598
+1.0% in 12 months
Zillow, August 2026
Typical asking rent
$1,704/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$756,750
-13.0% year over year
Redfin, through May 2026
Days on market
28
Average pace
Redfin, through May 2026
Active listings
163
3.5 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$130,680
Home costs 6.2x income
U.S. Census ACS, 2023
Sale-to-list ratio
99.2%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Draper a buyer's or seller's market?
Balanced market3.5 months of supply28 days on market99.2% of asking
Draper, UT is a balanced market, based on 3.5 months of supply and homes selling in about 28 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Draper housing market data show?
Every row below is Redfin's final published month for Draper, UT. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $756,750 |
| Median list price | $850,000 |
| Year-over-year price change | -13.0% |
| Median price per sq ft | $270/sq ft |
| Median days on market | 28 days |
| Active inventory | 163 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 99.2% |
| Homes sold (that month) | 46 |
| New listings (that month) | 72 |
| Listings with a price cut | 42.3% |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Draper is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Draper is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Draper home prices moved?
Over the last three years the median sale price in Draper, UT fell 3.6%, from $785,000 to $756,750. The live Zillow value series has rose 1.0% in the last 12 months, which is the more current read now that Redfin's series has stopped. 42.3% of Draper listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.5 months while the sale-to-list ratio slips below its current 99.2%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Draper?
Priced off the typical home value of $811,598 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $162,320 | $649,278 | $4,333/mo |
| 5% | $40,580 | $771,018 | $5,145/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $4,333, that implies roughly $185,689 a year before you add taxes and insurance. The median household in Draper earns $130,680, about $55,009 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 6.2x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Draper in the next 12 months?
Tell us your timeline. We send the Draper market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Draper?
Typical asking rent in Draper, UT is $1,704/mo, against a typical home value of $811,598. That is a price-to-rent ratio of 39.7x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $4,333 a month — $2,629 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Draper?
Active listings in Draper, UT went from 182 in May 2025 to 163 in May 2026, a -10.4% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 187 | 65 |
| July 2025 | 185 | 63 |
| August 2025 | 163 | 47 |
| September 2025 | 153 | 42 |
| October 2025 | 164 | 61 |
| November 2025 | 132 | 28 |
| December 2025 | 112 | 23 |
| January 2026 | 104 | 44 |
| February 2026 | 98 | 36 |
| March 2026 | 128 | 71 |
| April 2026 | 157 | 84 |
| May 2026 | 163 | 72 |
Redfin, through May 2026
How does Draper compare to Utah and the U.S.?
Draper homes sell for $756,750 — 35% above the Utah median of $560,200. Against the national median of $410,700, Draper runs 84% higher. Year-over-year, Draper moved -13.0% against Utah's -0.5% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Draper, UT | $756,750 | -13.0% | 28 days |
| Utah statewide | $560,200 | -0.5% | 41 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Draper
What buyers should watch
- Months of supply, currently 3.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 42.3%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $812 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $811,598 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Draper listing goes under contract in 28 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 99.2% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Draper added 72 new listings against 46 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +1.0% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Draper varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Draper
There are currently 163 homes listed for sale in Draper, Utah. The median listing price is $850K. Featured listings range from $405,000 to $1,849,999.
$499,000
699 E Hillock Ct S Unit 16
Draper, UT
3 bd3 ba1,944 sqft$257/ft²
Townhouse1,742 sqft lot
View photos & details
$539,900
74 E Golden Privet Dr
Draper, UT
4 bd3 ba1,900 sqft$284/ft²
Townhouse871 sqft lot
View photos & details
$545,000
52 E Golden Privet Dr
Draper, UT
3 bd3 ba2,039 sqft$267/ft²
Townhouse871 sqft lot
View photos & details
$715,000
12152 S Gracie View Pl W
Draper, UT
5 bd4 ba2,280 sqft$314/ft²
House9,148 sqft lot
View photos & details
$725,000
1434 E Blacksmith Ln S
Draper, UT
3 bd3 ba3,000 sqft$242/ft²
House6,098 sqft lot
View photos & details
$725,000
392 E Cranberry Hill Dr
Draper, UT
5 bd4 ba2,616 sqft$277/ft²
House7,841 sqft lot
View photos & details
$739,900
11437 S Engelmann Dr
Draper, UT
3 bd3 ba2,684 sqft$276/ft²
House7,405 sqft lot
View photos & details
$875,000
1083 E Skyler Dr
Draper, UT
3 bd3 ba3,708 sqft$236/ft²
House9,583 sqft lot
View photos & details
$899,000
12615 S 600 E
Draper, UT
4 bd3 ba3,248 sqft$277/ft²
House16,988 sqft lot
View photos & details
$1,350,000
14711 S Ravine Rock Way E
Draper, UT
5 bd3 ba4,495 sqft$300/ft²
House12,632 sqft lot
View photos & details
$1,849,999
13202 S Sunset Glen Way
Draper, UT
6 bd5 ba5,452 sqft$339/ft²
House11,761 sqft lot
View photos & details
Looking to buy in Draper?
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Active listings
163
Homes on market
Median list price
$850K
Avg. days on market
28
Days until sale
New this week
72
Newly listed
Price drops:42.3%of listings
Sale-to-list:99.2%
How much do homes cost in Draper by property type?
How the Draper, UT market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $860,000 | $277/sq ft | 36 | 20 days |
| Condo / co-op | $695,000 | $240/sq ft | 1 | 126 days |
| Townhouse | $445,000 | $259/sq ft | 9 | 42 days |
Who lives in Draper?
American Community Survey estimates for Draper. U.S. Census ACS, 2023
Population
50,159
Households
16,325
Median income
$130,680/yr
Median age
33.7 years
Owner-occupied
71.7%
Median home value
$726,000
Median gross rent
$1,812/mo
Mean commute
22.6 min
71.7% of occupied homes in Draper are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $726,000 against Zillow's $811,598 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,812/mo, below Zillow's $1,704/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Draper?
10 schools tracked · 9,406 students
The largest public schools serving Draper, UT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Corner Canyon High
Grades 8-12 · 2,451 students
Draper Park Middle
Grades 6-8 · 1,481 students
American Preparatory Academy - Draper #2
Grades K-6 · 1,109 students
American Preparatory Academy - Draper #3
Grades 7-12 · 735 students
Draper School
Grades K-5 · 696 students
Summit Academy - Draper Campus
Grades PK-8 · 659 students
American Preparatory Academy - Draper #1
Grades K-6 · 609 students
Willow Springs School
Grades K-5 · 569 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Draper, UT?
Ordered by distance from Draper, not by size. Compare Draper side by side with any of them.
Draper housing market FAQ
Is Draper a buyer's or seller's market?
Draper, UT is currently a balanced market. That read comes from 3.5 months of supply, homes going under contract in about 28 days, and sellers getting 99.2% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Draper?
The typical home in Draper, UT is worth $811,598 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $756,750, about $270 per square foot.
Is Draper cheaper than the rest of Utah?
Draper's median sale price of $756,750 is 35% higher than the Utah statewide median of $560,200, and 84% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Draper?
Homes in Draper, UT spent a median of 28 days on market before going under contract, versus 41 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Draper?
At the current 30-year fixed rate of 7.03%, 20% down on a $811,598 home is about $4,333 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $185,689 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $130,680.
Are home prices rising in Draper?
The typical home value in Draper, UT rose 1.0% over the last 12 months, from $803,869 to $811,598 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Draper?
Draper ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Draper?
That depends on your timeline, not on a headline. What the data says today: Draper, UT is a balanced market with 3.5 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 39.7x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.
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