LARGEST Equity Surge Happened in this TINY Utah Town

In the last 10 years the value of homes in Utah has doubled and tripled. A look at the fastest growing markets by Home Stratosphere reveals some surprising results as to where the biggest increases have come from. 

Small Communities in Southern Utah Top the List 

The place where home values rose the highest is the town of Virgin in Southern Utah on the way to Zion National Park. In 2016 the average home value was $135,294 and by 2025 the average is $558,618. That is a 313% appreciation quadrupling the value. 

That isn’t the only Southern Utah community. The top four are small towns in the southern part of the state. Central is second followed by Apple Valley and Enterprise. Leeds and Veyo also made the top ten. 

Overlooked Communities Have Become Destinations 

While Ogden is on the list at number five, the rest are all smaller communities that are often not attached to a greater urban area. Places like Salina and La Verkin that were more isolated have become sought after. 

This growth in home equity has brought on its own problems with less homes available and putting them out of reach for first-time home buyers. However, for those who purchased homes a decade ago, their investment has seen significant growth. 

Read More: Mansion in Las Vegas Is Selling For Cheap With A Catch

It will be interesting to see if this trend slows down or if the next decade will see the same thing happen again. Home values will increase, but will it continue at such a frantic pace?