La Verkin, UT 84745 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

La Verkin, UT—84745

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$432,000

0.1% YoY Growth

Household Income

$63,100

22.6% YoY Growth

Days on Market

120

20.0% Longer YoY

Home Price Forecast

1.1%

Median Rent

$1,500

6.9% YoY Growth

1-Bed Rent

$825

N/A

2-Bed Rent

$1,480

N/A

3-Bed Rent

$1,650

3.4% YoY Growth

Home Price Trends — La Verkin, UT

As of Dec '25, the median home price in La Verkin, UT is $432,000, with a year-over-year change of 0.1%. This indicates that home prices in La Verkin, UT are flat. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$432,000	0.1%
Single Family	$433,000	0.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — La Verkin, UT

As of July '25, Rentcast reports the average rent in La Verkin, UT is $1,620, with a year-over-year rent change of -6.9%. Per bedroom, the median rent as of July '25 in La Verkin, UT is 1-bedrooms: $825, 2-bedrooms: $1,460, 3-bedrooms: $1,680, 4-bedrooms: $2,020. The most common rental property sizes in La Verkin, UT are 3-bedroom and 2-bedroom, accounting for 49.5% and 31.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,500	$1,620
Studio Rent	N/A	N/A
1 Bed Rent	$825	$825
2 Bed Rent	$1,480	$1,460
3 Bed Rent	$1,650	$1,680
4 Bed Rent	$2,020	$2,020

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% of Rental Stock

2 Bedrooms

31.1%

3 Bedrooms

49.5%

4 Bedrooms

8.7%

5+ Bedrooms

10.7%

Property Listings — La Verkin, UT

As of Dec '25, Realtor.com reports that the median days on market for a home in La Verkin, UT is 100. This is a increase of 21.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$540,000	-13.0%
Listing Count	41	100.0%
Listings as % of Homes	1.1%	100.0%
Days on Market	120	20.0%

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Demographics — La Verkin, UT

As of the latest ACS Survey released in 2023, La Verkin, UT has a population of 4,430, which has increased by 2.7% over the past 5 years. La Verkin, UT is a popular place for families, as children make up 30.9% of the population. The area has a poorly educated workforce, with 22.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,430	2.7%
% Under 18	30.9%	-8.0%
% Seniors	14.0%	-9.1%
% WFH	6.9%	-26.6%
% w/ College Degree	22.4%	61.2%

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As of the latest ACS Survey released in 2023, La Verkin, UT is a predominantly white area, with 79.0% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in La Verkin, UT is hispanic, making up 6.8% of the population. Foreign-born residents account for 2.1% of the population in La Verkin, UT, and this percentage has decreased by 75.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	79.0%	-5.8%
% Black	0.0%	N/A
% Hispanic	6.8%	-43.3%
% Asian	0.7%	∞%
% Foreign Born	2.1%	-75.3%

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Mortgage and Risk — La Verkin, UT

According to HUD data as of 2023, there were 126 mortgage originations in La Verkin, UT, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in La Verkin, UT. Investor activity is low, as 4.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	126
% Conventional Loans	81.0%
% Government Loans	19.0%
% Investor Loans	4.0%
% Second Loans	4.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — La Verkin, UT

As of 2024, the percent of homes in La Verkin, UT under the Section 8 program is 1.0%. 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. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in La Verkin, UT, because HUD payments exceed market rent, while 2-bedroom units do not.

Section 8 Market Size

Total Units under HUD	3
Total Units Section 8	3
% Rentals under Section 8	1.0%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$235	$825	$1,060
2 Bedroom	-$130	$1,480	$1,350
3 Bedroom	$150	$1,650	$1,800
4 Bedroom	$250	$2,020	$2,270

La Verkin, UT—84745

Key Metrics at a Glance

Home Price Trends — La Verkin, UT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — La Verkin, UT

% of Rental Stock

Property Listings — La Verkin, UT

Demographics — La Verkin, UT

Race and Ethnicity

Mortgage and Risk — La Verkin, UT

Mortgages

Rentals and Section 8 — La Verkin, UT

Section 8 Market Size

Section 8 Opportunity

Affordability — La Verkin, UT

Home Price to Income Ratio

La Verkin, UT — ZIP Code Boundary Map

Nearby ZIP Codes

Toquerville, UT

Leeds

Hurricane, UT

Springdale, UT

Grafton

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	6.7
Median Home Price	$432,000
Median Household Income	$63,100

La Verkin, UT—84745

Key Metrics at a Glance

Home Price Trends — La Verkin, UT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — La Verkin, UT

% of Rental Stock

Property Listings — La Verkin, UT

Demographics — La Verkin, UT

Race and Ethnicity

Mortgage and Risk — La Verkin, UT

Mortgages

Rentals and Section 8 — La Verkin, UT

Section 8 Market Size

Section 8 Opportunity

Affordability — La Verkin, UT

Home Price to Income Ratio

La Verkin, UT — ZIP Code Boundary Map

Nearby ZIP Codes

Toquerville, UT

Leeds

Hurricane, UT

Springdale, UT

Grafton

Frequently Asked Questions

What is the average home price in La Verkin, UT 84745?

How have home prices in La Verkin, UT 84745 changed over the past year?

What is the home price projection for La Verkin, UT 84745?

What are the demographics of La Verkin, UT 84745?

How long does it take homes to sell in La Verkin, UT 84745?

What is the average rent price in La Verkin, UT 84745?