Carbon County, Utah Housing Market

In Carbon County, Utah, the median home value is $228,500, with a median monthly rent of $870. This places Carbon County at #1097 nationally out of 3134 counties by median home value, and #27 within Utah.

Median Home Value $228,500
Median Rent $870/mo
Owner Occupancy 67.9%
Price/Rent Ratio 21.9

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Carbon County rose +3.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

6,584
jobs (private sector)
  • Avg weekly wage: $1,026
  • Establishments: 545
  • BLS QCEW, 2025
🏗️

Housing Supply

45
new units authorized (2025)
  • Single-family: 45
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+487
net migration (filers, 2021-2022)
  • Inflow: 7,612 (avg $62,995)
  • Outflow: 7,125 (avg $63,782)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Carbon County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 84526 327.3 +5.65% 2025
2 84501 270.3 +1.79% 2025
3 84542 257.6 +20.97% 2022

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Carbon County Compares

MetricCarbon CountyUtah AverageU.S. Average
Median Home Value $228,500 $418,720 $227,706
Median Gross Rent $870 $1,149 $968
Owner Occupancy Rate 67.9% 77.2% 73.3%
Price/Rent Ratio 21.9 29.9 18.7

Market Analysis

The median home value in Carbon County is 45.4% below the Utah state average and about equal to the U.S. national average. The median rent of $870/month is 24.3% below the state average.

With a price-to-rent ratio of 21.9, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Carbon County has an owner-occupancy rate of 67.9%, compared to 77.2% in Utah and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Gosper County Nebraska $228,500 $664
Washington County Pennsylvania $228,500 $949
Spalding County Georgia $228,700 $1,113
Lavaca County Texas $228,300 $910
Webster County Missouri $228,800 $789

Other Counties in Utah

CountyMedian Home ValueMedian RentOwner Occ.
San Juan County $224,200 $867 80.9%
Emery County $218,700 $739 80.1%
Piute County $264,800 $950 95.5%
Daggett County $282,300 $900 82.3%
Beaver County $283,700 $981 81.0%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).