Market Report, Utah County

Springville, Utah Housing Market

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

Key Market Metrics

$445K

Median Home Price

$1,500/mo

Median Rent

37,000

Population

2.5%

Growth Rate

Detailed Statistics

Avg Days on Market

24 days

Median Household Income

$72K

Owner-Occupied Homes

70%

Gross Rent Yield

4.0%

Rent-to-Income Ratio

25%

Price-to-Income Ratio

6.2x

Elevation

4,590 ft

Major Employers

Nebo School DistrictSpringville CityXango

Commute Times

10 min to Provo/BYU

28 min to Silicon Slopes (Lehi)

55 min to Downtown Salt Lake City

Education

School District: Nebo School District

Springville High SchoolSpringville Junior HighArt City Elementary

Regional Comparison

City	Price	Rent	Population	Growth	DOM
Springville	$445K	$1,500	37,000	2.5%	24
Mapleton	$600K	$1,900	12,500	2.8%	32
Spanish Fork	$430K	$1,450	45,000	3.0%	23
Provo	$470K	$1,500	115,000	1.5%	23
Salem	$480K	$1,550	12,000	4.0%	27
Orem	$455K	$1,550	100,000	1.8%	22
Payson	$400K	$1,400	22,000	2.5%	24

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Springville Resources

Springville City Guide

Springville Pricing Guide

Springville Property Management

Springville Home Loans

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