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Millard County, UT housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$338,042+2.0% YoY · prices are rising
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 14% have cut their price
Income needed to buy, per year$73,280About 0.9× the local median income ($78,297): affordable for a typical household
Days on market121 daysAbout the same pace as a year ago

The typical home in Millard County, UT is worth $338,042, up 2.0% from a year ago. That is well above what local incomes have historically supported: fair value is about $293,079, so the area is 15.3% overvalued. It is a balanced market, leaning toward sellers: homes take about 121 days to sell, listings are down 8% from a year ago, 14% of listings have had a price cut. A household needs about $73,280 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,297. In the latest IRS figures, 62 more people moved in than out.

Home value over time

$0K$100K$200K$300K1990200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$338,042
Change in 1 year+2.0%
Overvalued %+15.3%
Show 6 more
Fair home value$293,079
Change in 5 years+24.7%
Home value to income4.3×
Monthly mortgage payment (20% down)$1,832
Income needed to afford it$73,280
Property tax rate0.51%

Rent and investing

HUD Fair Market Rent, 2 bedrooms$1,077

Market activity

Listings vs a year ago−8.2%
Days on market121
Listings with a price cut13.8%
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Homes for sale45
Pending sales per 100 listings29
Asking price per sq ft$179

People and jobs

Median household income$78,297
Population change (1 year)+1.0%
Unemployment rate5.5%
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Population14,057
Income adjusted for cost of living$84,100
Net moves in (IRS)+62
Cost of living (US = 100)93.1

Schools, risk and environment

School rating (1 to 10)6.5
FEMA hazard risk score (0 to 100)22.2
Flood risk score16.3
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Wildfire risk score91.2
Walkability (1 to 20)6.1
Road, rail and air noise54 dB

Questions people ask

Is Millard County, UT overvalued?
Home prices in Millard County, UT are well above what local incomes have historically supported: fair value is about $293,079, so the area is 15.3% overvalued.
Is Millard County, UT a buyer's or seller's market?
Millard County, UT is a balanced market, leaning toward sellers: homes take about 121 days to sell, listings are down 8% from a year ago, 14% of listings have had a price cut.
Are home prices going down in Millard County, UT?
Home values in Millard County, UT are up 2.0% over the last year.
How much do you need to earn to buy a home in Millard County, UT?
A household needs about $73,280 a year to afford the typical home in Millard County, UT at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,297.

Nearby and similar counties

ZIP codes in Millard County (open on the map)

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