Riverton, UT—84065
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Riverton, UT
As of Oct '25, the median home price in Riverton, UT is $632,000, with a year-over-year change of 2.5%. This indicates that home prices in Riverton, UT are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $632,000 | 2.5% |
| Single Family | $659,000 | 2.5% |
| Condos | $489,000 | 3.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $497,000 | 2.9% |
3 Bed | $533,000 | 2.5% |
4 Bed | $646,000 | 3.2% |
| 5 Bed | $805,000 | 1.9% |
% of Housing Stock
Rental Trends — Riverton, UT
As of July '25, Rentcast reports the average rent in Riverton, UT is $2,280, with a year-over-year rent change of 1.3%. Per bedroom, the median rent as of July '25 in Riverton, UT is 1-bedrooms: $1,200, 2-bedrooms: $1,580, 3-bedrooms: $2,190, 4-bedrooms: $2,330. The most common rental property sizes in Riverton, UT are 3-bedroom and 4-bedroom, accounting for 32.2% and 23.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $2,280 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,200 |
| 2 Bed Rent | $1,450 | $1,580 |
| 3 Bed Rent | $2,200 | $2,190 |
| 4 Bed Rent | $2,400 | $2,330 |
% of Rental Stock
Property Listings — Riverton, UT
As of Oct '25, Realtor.com reports that the median days on market for a home in Riverton, UT is 77. This is a increase of 43.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $694,000 | -8.0% |
Listing Count | 142 | 18.0% |
| Listings as % of Homes | 0.9% | 18.0% |
Days on Market | 77 | 43.0% |
Demographics — Riverton, UT
As of the latest ACS Survey released in 2023, Riverton, UT has a population of 50,300, which has increased by 19.3% over the past 5 years. Riverton, UT is a popular place for families, as children make up 30.7% of the population. The area has a moderately educated workforce, with 36.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 50,300 | 19.3% |
% Under 18 | 30.7% | -11.3% |
% Seniors | 11.1% | 33.7% |
% WFH | 19.9% | 136.9% |
% w/ College Degree | 36.0% | 9.8% |
As of the latest ACS Survey released in 2023, Riverton, UT is a predominantly white area, with 85.8% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Riverton, UT is hispanic, making up 8.1% of the population. Foreign-born residents account for 4.1% of the population in Riverton, UT, and this percentage has increased by 41.4% 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 | 85.8% | -4.8% |
% Black | 0.1% | -90.0% |
% Hispanic | 8.1% | 30.6% |
% Asian | 1.5% | 66.7% |
% Foreign Born | 4.1% | 41.4% |
Mortgage and Risk — Riverton, UT
According to HUD data as of 2023, there were 765 mortgage originations in Riverton, UT, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Riverton, UT. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 765 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Riverton, UT
As of 2024, the percent of homes in Riverton, UT under the Section 8 program is 3.5%. 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 Riverton, UT, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 91 |
Total Units Section 8 | 91 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | 93.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $550 | $1,100 | $1,650 |
| 2 Bedroom | $530 | $1,450 | $1,980 |
| 3 Bedroom | $460 | $2,200 | $2,660 |
| 4 Bedroom | $620 | $2,400 | $3,020 |
Affordability — Riverton, UT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $632,000 |
| Median Household Income | $123,000 |