Grantsville, UT 84029 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Grantsville, UT—84029

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$529,000

3.0% YoY Growth

Household Income

$97,300

39.4% YoY Growth

Days on Market

10.0% Longer YoY

Home Price Forecast

0.9%

Median Rent

$1,550

5.6% YoY Growth

1-Bed Rent

$850

33.2% YoY Growth

2-Bed Rent

$1,300

8.5% YoY Growth

3-Bed Rent

$1,550

14.5% YoY Growth

Home Price Trends — Grantsville, UT

As of Dec '25, the median home price in Grantsville, UT is $529,000, with a year-over-year change of 3.0%. This indicates that home prices in Grantsville, UT are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$529,000	3.0%
Single Family	$531,000	2.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Grantsville, UT

As of July '25, Rentcast reports the average rent in Grantsville, UT is $1,850, with a year-over-year rent change of -5.6%. Per bedroom, the median rent as of July '25 in Grantsville, UT is 1-bedrooms: $850, 2-bedrooms: $1,300, 3-bedrooms: $1,710, 4-bedrooms: $2,100. The most common rental property sizes in Grantsville, UT are 3-bedroom and 2-bedroom, accounting for 38.6% and 28.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,550	$1,850
Studio Rent	N/A	N/A
1 Bed Rent	$850	$850
2 Bed Rent	$1,300	$1,300
3 Bed Rent	$1,550	$1,710
4 Bed Rent	$2,100	$2,100

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% of Rental Stock

Studio

9.1%

1 Bedroom

15.7%

2 Bedrooms

28.7%

3 Bedrooms

38.6%

4 Bedrooms

7.4%

5+ Bedrooms

0.6%

Property Listings — Grantsville, UT

As of Dec '25, Realtor.com reports that the median days on market for a home in Grantsville, UT is 75. This is a increase of 5.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$579,000	-3.0%
Listing Count	124	12.0%
Listings as % of Homes	2.8%	12.0%
Days on Market	85	10.0%

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Demographics — Grantsville, UT

As of the latest ACS Survey released in 2023, Grantsville, UT has a population of 14,200, which has increased by 32.7% over the past 5 years. Grantsville, UT is a popular place for families, as children make up 34.2% of the population. The area has a poorly educated workforce, with 22.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	14,200	32.7%
% Under 18	34.2%	-9.8%
% Seniors	8.2%	-6.8%
% WFH	17.1%	101.2%
% w/ College Degree	22.9%	-4.6%

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As of the latest ACS Survey released in 2023, Grantsville, UT is a predominantly white area, with 86.3% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Grantsville, UT is hispanic, making up 10.3% of the population. Foreign-born residents account for 3.0% of the population in Grantsville, UT, and this percentage has increased by 57.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	86.3%	-3.3%
% Black	0.1%	-75.0%
% Hispanic	10.3%	114.6%
% Asian	1.0%	-44.4%
% Foreign Born	3.0%	57.9%

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Mortgage and Risk — Grantsville, UT

According to HUD data as of 2023, there were 686 mortgage originations in Grantsville, UT, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Grantsville, UT. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	686
% Conventional Loans	67.0%
% Government Loans	33.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Grantsville, UT

As of 2024, the percent of homes in Grantsville, UT under the Section 8 program is 6.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Grantsville, UT, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	30
Total Units Section 8	30
% Rentals under Section 8	6.4%
% Occupied Section 8	82.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$70	$850	$780
2 Bedroom	-$280	$1,300	$1,020
3 Bedroom	-$140	$1,550	$1,410
4 Bedroom	-$380	$2,100	$1,720

Grantsville, UT—84029

Key Metrics at a Glance

Home Price Trends — Grantsville, UT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Grantsville, UT

% of Rental Stock

Property Listings — Grantsville, UT

Demographics — Grantsville, UT

Race and Ethnicity

Mortgage and Risk — Grantsville, UT

Mortgages

Rentals and Section 8 — Grantsville, UT

Section 8 Market Size

Section 8 Opportunity

Affordability — Grantsville, UT

Home Price to Income Ratio

Grantsville, UT — ZIP Code Boundary Map

Nearby ZIP Codes

Dugway, UT

Saint John, UT

Tooele, UT

Stockton, UT

Salduro, UT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5
Median Home Price	$529,000
Median Household Income	$97,300

Grantsville, UT—84029

Key Metrics at a Glance

Home Price Trends — Grantsville, UT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Grantsville, UT

% of Rental Stock

Property Listings — Grantsville, UT

Demographics — Grantsville, UT

Race and Ethnicity

Mortgage and Risk — Grantsville, UT

Mortgages

Rentals and Section 8 — Grantsville, UT

Section 8 Market Size

Section 8 Opportunity

Affordability — Grantsville, UT

Home Price to Income Ratio

Grantsville, UT — ZIP Code Boundary Map

Nearby ZIP Codes

Dugway, UT

Saint John, UT

Tooele, UT

Stockton, UT

Salduro, UT

Frequently Asked Questions

What is the average home price in Grantsville, UT 84029?

How have home prices in Grantsville, UT 84029 changed over the past year?

What is the home price projection for Grantsville, UT 84029?

What are the demographics of Grantsville, UT 84029?

How long does it take homes to sell in Grantsville, UT 84029?

What is the average rent price in Grantsville, UT 84029?