Market Report, Utah County

Spanish Fork, Utah Housing Market

Median sale price, median rent, days on market, inventory and rent-to-price ratio for Spanish Fork, with nearby cities for comparison.

Key Market Metrics

$430K

Median Home Price

$1,450/mo

Median Rent

45,000

Population

3.0%

Growth Rate

Detailed Statistics

Avg Days on Market

23 days

Median Household Income

$75K

Owner-Occupied Homes

72%

Gross Rent Yield

4.0%

Rent-to-Income Ratio

23%

Price-to-Income Ratio

5.7x

Elevation

4,620 ft

Major Employers

Nebo School DistrictNestlé Prepared FoodsSpanish Fork City

Commute Times

15 min to Provo/BYU

32 min to Silicon Slopes (Lehi)

58 min to Downtown Salt Lake City

Education

School District: Nebo School District

Spanish Fork High SchoolLandmark ElementaryRiverview Elementary

Regional Comparison

City	Price	Rent	Population	Growth	DOM
Spanish Fork	$430K	$1,450	45,000	3.0%	23
Springville	$445K	$1,500	37,000	2.5%	24
Mapleton	$600K	$1,900	12,500	2.8%	32
Salem	$480K	$1,550	12,000	4.0%	27
Payson	$400K	$1,400	22,000	2.5%	24
Provo	$470K	$1,500	115,000	1.5%	23
Santaquin	$380K	$1,350	13,000	4.5%	25

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Spanish Fork Resources

Spanish Fork City Guide

Spanish Fork Pricing Guide

Spanish Fork Property Management

Spanish Fork Home Loans

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