Price, UT 84501 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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 — 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 Type	Median Home Value	YoY % Change
All Homes	$300,000	4.7%
Single Family	$301,000	4.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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.

Type	Median Rent	Average 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.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$386,000	8.0%
Listing Count	78	8.0%
Listings as % of Homes	0.7%	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.

Metric	Latest Census	YoY % 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

Metric	Latest Census	5-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

Metric	Zip 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 Size	HUD Premium	Market Rent	Max 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

Price, UT—84501

Key Metrics at a Glance

Home Price Trends — Price, UT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Price, UT

% of Rental Stock

Property Listings — Price, UT

Demographics — Price, UT

Race and Ethnicity

Mortgage and Risk — Price, UT

Mortgages

Rentals and Section 8 — Price, UT

Section 8 Market Size

Section 8 Opportunity

Affordability — Price, UT

Home Price to Income Ratio

Price, UT — ZIP Code Boundary Map

Nearby ZIP Codes

Kenilworth, UT

Helper, UT

Dragerton, UT

Sunnyside Junction, UT

Upper Sunnyside

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5
Median Home Price	$300,000
Median Household Income	$53,300

Price, UT—84501

Key Metrics at a Glance

Home Price Trends — Price, UT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Price, UT

% of Rental Stock

Property Listings — Price, UT

Demographics — Price, UT

Race and Ethnicity

Mortgage and Risk — Price, UT

Mortgages

Rentals and Section 8 — Price, UT

Section 8 Market Size

Section 8 Opportunity

Affordability — Price, UT

Home Price to Income Ratio

Price, UT — ZIP Code Boundary Map

Nearby ZIP Codes

Kenilworth, UT

Helper, UT

Dragerton, UT

Sunnyside Junction, UT

Upper Sunnyside

Frequently Asked Questions

What is the average home price in Price, UT 84501?

How have home prices in Price, UT 84501 changed over the past year?

What is the home price projection for Price, UT 84501?

What are the demographics of Price, UT 84501?

How long does it take homes to sell in Price, UT 84501?

What is the average rent price in Price, UT 84501?