What is the median home value in Lake Point, UT?

The median value of owner-occupied homes in Lake Point, UT is $604,300 (±$48,472), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

Figures last updated on .

Median home value
$604,300 (±$48,472)
Owner-occupied homes
577 (±93)
Most common range
$500,000 to $999,999

Home values in Lake Point

Owner-occupied homes by value, 2020–2024
ValueLake PointTooele CountyUtahUnited States
Less than $50,0000.0% (±6.3 points)4.8%2.8%5.3%
$50,000 to $99,9990.5% (±0.8 points)1.9%1.8%6.1%
$100,000 to $149,9990.0% (±6.3 points)1.8%1.2%6.8%
$150,000 to $199,9990.3% (±0.6 points)1.9%1.8%9.0%
$200,000 to $299,9990.0% (±6.3 points)11.0%7.9%17.8%
$300,000 to $499,99927.7% (±11.6 points)45.5%36.7%26.9%
$500,000 to $999,99971.4% (±11.4 points)30.5%40.3%20.9%
$1,000,000 or more0.0% (±6.3 points)2.5%7.5%7.1%

The most common range is $500,000 to $999,999, 71.4% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Lake Point against Tooele County, its state and the nation

Estimate (90% margin of error)
Lake PointTooele CountyUtahUnited States
Median home value$604,300 (±$48,472)$431,600 (±$10,142)$489,400 (±$1,629)$332,700
Owner-occupied homes577 (±93)19,562 (±520)790,144 (±5,369)84,210,142

In Lake Point, the median home value is higher than in Tooele County ($431,600).

It is also higher than in Utah ($489,400).

It is higher than the national figure ($332,700).

In Tooele County, Lake Point ranks 2 of 9 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 51 of 268.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Median home value in places near Lake Point

Nearest places with a published estimate, compared with Lake Point
PlaceDistanceMedian home valueCompared with this place
Lake Point—$604,300 (±$48,472)—
Stansbury Park4.0 mi$481,900 (±$22,507)Lower
Erda5.1 mi$658,800 (±$122,542)Not measurably different
Magna metro Township6.8 mi$376,200 (±$12,291)Lower
Tooele10 mi$381,400 (±$11,279)Lower
Grantsville12 mi$488,200 (±$38,195)Lower
Copperton metro Township12 mi$397,300 (±$26,590)Lower
West Valley City13 mi$419,100 (±$6,142)Lower
Kearns metro Township14 mi$373,700 (±$11,288)Lower

Nearby places with a measurably lower figure: Stansbury Park, UT ($481,900), Magna metro Township, UT ($376,200), Tooele, UT ($381,400).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Tooele County, place by place

RankPlaceMedian home value
1Erda$658,800 (±$122,542)
2Lake Point$604,300 (±$48,472)
3Grantsville$488,200 (±$38,195)
4Stansbury Park$481,900 (±$22,507)
5Tooele$381,400 (±$11,279)
6Stockton$375,000 (±$130,562)
7Rush Valley$365,100 (±$36,384)
8Vernon$350,000 (±$62,484)

Showing 8 of 9 places in Tooele County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lake Point

What is the average home value in Lake Point, UT?

The Census Bureau publishes the median: $604,300 (±$48,472) for owner-occupied homes in Lake Point (2020–2024 American Community Survey).

Is this what homes in Lake Point sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Point city, Utah (place:42010, in state:49).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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