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Utah 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$540,291+1.4% YoY · prices are rising
Market right nowBalanced marketFewer homes for sale than last year, 27% have cut their price
Income needed to buy, per year$117,124About 1.2× the local median income ($100,611): a stretch for a typical household
Days on market68 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.9%Zillow expects prices to rise slightly

The typical home in Utah County, UT is worth $540,291, up 1.4% from a year ago. That is well above what local incomes have historically supported: fair value is about $474,482, so the area is 13.9% overvalued. It is a balanced market: homes take about 68 days to sell, listings are down 1% from a year ago, 27% of listings have had a price cut. Zillow expects prices to rise about 1.9% over the next year. A household needs about $117,124 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 $100,611. Typical rent is $1,773 a month, or $2,279 for a house. In the latest IRS figures, 4,282 more people moved in than out.

Home value over time

$0K$100K$200K$300K$400K$500K19801990200020102020
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$540,291
Change in 1 year+1.4%
Overvalued %+13.9%
Show 7 more
Fair home value$474,482
Change in 5 years+10.9%
Zillow forecast, next 12 months+1.9%
Home value to income5.4×
Monthly mortgage payment (20% down)$2,928
Income needed to afford it$117,124
Property tax rate0.44%

Rent and investing

Typical rent$1,773
Typical rent for houses$2,279
Price-to-rent ratio25.4×
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HUD Fair Market Rent, 2 bedrooms$1,363
Gross rental yield3.94%
Cap rate (estimate)2.56%

Market activity

Listings vs a year ago−0.7%
Days on market68
Listings with a price cut27.0%
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Homes for sale2,815
Pending sales per 100 listings32
Asking price per sq ft$219

People and jobs

Median household income$100,611
Population change (1 year)+1.9%
Unemployment rate3.8%
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Population759,859
Income adjusted for cost of living$102,455
Net moves in (IRS)+4,282
Cost of living (US = 100)98.2

Schools, risk and environment

School rating (1 to 10)6.1
FEMA hazard risk score (0 to 100)95.3
Unhealthy air days a year1
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Flood risk score90.5
Wildfire risk score98.9
Walkability (1 to 20)10.7
Road, rail and air noise54 dB

Questions people ask

Is Utah County, UT overvalued?
Home prices in Utah County, UT are well above what local incomes have historically supported: fair value is about $474,482, so the area is 13.9% overvalued.
Is Utah County, UT a buyer's or seller's market?
Utah County, UT is a balanced market: homes take about 68 days to sell, listings are down 1% from a year ago, 27% of listings have had a price cut.
Are home prices going down in Utah County, UT?
Home values in Utah County, UT are up 1.4% over the last year. Zillow's forecast for the next 12 months is +1.9%.
How much do you need to earn to buy a home in Utah County, UT?
A household needs about $117,124 a year to afford the typical home in Utah County, UT at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $100,611.

Nearby and similar counties

ZIP codes in Utah County (open on the map)

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