Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$942,914+2.2% YoY · prices are rising
Market right nowSeller's marketFewer homes for sale than last year, 10% have cut their price
Income needed to buy, per year$204,404About 1.6× the local median income ($129,019): hard to afford
Days on market106 daysSlower than a year ago: buyers have time to negotiate
The typical home in Wasatch County, UT is worth $942,914, up 2.2% from a year ago. That is well above what local incomes have historically supported: fair value is about $846,499, so the area is 11.4% overvalued. It is a seller's market: homes take about 106 days to sell, listings are down 3% from a year ago, 10% of listings have had a price cut. A household needs about $204,404 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 $129,019. Typical rent is $2,639 a month. In the latest IRS figures, 293 more people moved in than out.
Home value over time
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
$942,914
Change in 1 year
+2.2%
Overvalued %
+11.4%
Show 6 more
Fair home value
$846,499
Change in 5 years
+19.0%
Home value to income
7.3×
Monthly mortgage payment (20% down)
$5,110
Income needed to afford it
$204,404
Property tax rate
0.46%
Rent and investing
Typical rent
$2,639
Price-to-rent ratio
29.8×
HUD Fair Market Rent, 2 bedrooms
$1,715
Show 2 more
Gross rental yield
3.36%
Cap rate (estimate)
2.18%
Market activity
Listings vs a year ago
−3.4%
Days on market
106
Listings with a price cut
10.3%
Show 3 more
Homes for sale
682
Pending sales per 100 listings
51
Asking price per sq ft
$550
People and jobs
Median household income
$129,019
Population change (1 year)
+1.8%
Unemployment rate
2.0%
Show 4 more
Population
38,514
Income adjusted for cost of living
$138,581
Net moves in (IRS)
+293
Cost of living (US = 100)
93.1
Schools, risk and environment
School rating (1 to 10)
6.4
FEMA hazard risk score (0 to 100)
33.5
Unhealthy air days a year
1
Show 4 more
Flood risk score
32.3
Wildfire risk score
94.2
Walkability (1 to 20)
7.9
Road, rail and air noise
54 dB
Questions people ask
Is Wasatch County, UT overvalued?
Home prices in Wasatch County, UT are well above what local incomes have historically supported: fair value is about $846,499, so the area is 11.4% overvalued.
Is Wasatch County, UT a buyer's or seller's market?
Wasatch County, UT is a seller's market: homes take about 106 days to sell, listings are down 3% from a year ago, 10% of listings have had a price cut.
Are home prices going down in Wasatch County, UT?
Home values in Wasatch County, UT are up 2.2% over the last year.
How much do you need to earn to buy a home in Wasatch County, UT?
A household needs about $204,404 a year to afford the typical home in Wasatch County, UT at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $129,019.