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Price, UT—84501

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$300,000
4.7% YoY Growth
Household Income
$53,300
4.2% YoY Growth
Days on Market
113
30.0% Shorter YoY
Home Price Forecast
3.9%
Median Rent
$1,000
4.7% YoY Growth
1-Bed Rent
$900
33.3% YoY Growth
2-Bed Rent
$900
7.4% YoY Growth
3-Bed Rent
$2,600
116.7% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Price, UT

As of Dec '25, the median home price in Price, UT is $300,000, with a year-over-year change of 4.7%. This indicates that home prices in Price, UT are increasing. According to Zillow, the 1-year price projection is 3.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$300,0004.7%
Single Family $301,0004.5%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$280,0002.9%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.9%
    1 Bedroom
    5.0%
    2 Bedrooms
    23.5%
    3 Bedrooms
    35.8%
    4 Bedrooms
    20.1%
    5+ Bedrooms
    14.8%

    Rental Trends — Price, UT

    As of July '25, Rentcast reports the average rent in Price, UT is $1,110, with a year-over-year rent change of 4.7%. Per bedroom, the median rent as of July '25 in Price, UT is studios: $700, 1-bedrooms: $800, 2-bedrooms: $975, 3-bedrooms: $2,600, 4-bedrooms: $1,450. The most common rental property sizes in Price, UT are 2-bedroom and 3-bedroom, accounting for 35.4% and 32.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,000$1,110
    Studio Rent $700$700
    1 Bed Rent $900$800
    2 Bed Rent $900$975
    3 Bed Rent $2,600$2,600
    4 Bed Rent $1,100$1,450
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    % of Rental Stock

    Studio
    2.2%
    1 Bedroom
    14.7%
    2 Bedrooms
    35.4%
    3 Bedrooms
    32.8%
    4 Bedrooms
    10.5%
    5+ Bedrooms
    4.5%

    Property Listings — Price, UT

    As of Dec '25, Realtor.com reports that the median days on market for a home in Price, UT is 106. This is a decrease of -19.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$386,0008.0%
    Listing Count
    		788.0%
    Listings as % of Homes0.7%8.0%
    Days on Market
    		113-30.0%
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    Demographics — Price, UT

    As of the latest ACS Survey released in 2023, Price, UT has a population of 13,000, which has decreased by -3.5% over the past 5 years. Price, UT is a popular place for families, as children make up 27.3% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		13,000-3.5%
    % Under 18
    		27.3%-4.5%
    % Seniors
    		18.0%31.4%
    % WFH
    		4.7%30.6%
    % w/ College Degree
    		19.5%10.2%
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    As of the latest ACS Survey released in 2023, Price, UT is a predominantly white area, with 81.3% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Price, UT is hispanic, making up 13.6% of the population. Foreign-born residents account for 2.6% of the population in Price, UT, and this percentage has decreased by 18.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		81.3%-0.9%
    % Black
    		1.0%66.7%
    % Hispanic
    		13.6%-1.4%
    % Asian
    		0.5%-16.7%
    % Foreign Born
    		2.6%-18.8%
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    Mortgage and Risk — Price, UT

    According to HUD data as of 2023, there were 377 mortgage originations in Price, UT, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Price, UT. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		377
    % Conventional Loans
    		70.0%
    % Government Loans
    		30.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		14.0%
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    Rentals and Section 8 — Price, UT

    Price, UT lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		450
    Total Units Section 8
    		317
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		69.9%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$90$900$810
    2 Bedroom$80$900$980
    3 Bedroom-$1,380$2,600$1,220
    4 Bedroom$500$1,100$1,600

    Affordability — Price, UT

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5
    Median Home Price$300,000
    Median Household Income$53,300

    Price, UT — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Kenilworth, UT

    84529

    Helper, UT

    84526

    Dragerton, UT

    84520

    Sunnyside Junction, UT

    84542

    Upper Sunnyside

    84539

    Frequently Asked Questions