Garfield County, Utah Housing Market

In Garfield County, Utah, the median home value is $318,100, with a median monthly rent of $817. This places Garfield County at #537 nationally out of 3134 counties by median home value, and #19 within Utah.

Median Home Value $318,100
Median Rent $817/mo
Owner Occupancy 70.3%
Price/Rent Ratio 32.4

📈 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 Garfield County rose +2.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,012
jobs (private sector)
  • Avg weekly wage: $1,501
  • Establishments: 225
  • BLS QCEW, 2025
🏗️

Housing Supply

27
new units authorized (2025)
  • Single-family: 27
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+203
net migration (filers, 2021-2022)
  • Inflow: 2,009 (avg $69,278)
  • Outflow: 1,806 (avg $68,338)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Garfield County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 84759 272.1 — 2025

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 Garfield County Compares

MetricGarfield CountyUtah AverageU.S. Average
Median Home Value $318,100 $418,720 $227,706
Median Gross Rent $817 $1,149 $968
Owner Occupancy Rate 70.3% 77.2% 73.3%
Price/Rent Ratio 32.4 29.9 18.7

Market Analysis

The median home value in Garfield County is 24.0% below the Utah state average and 39.7% above the U.S. national average. The median rent of $817/month is 28.9% below the state average.

With a price-to-rent ratio of 32.4, Garfield County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Garfield County has an owner-occupancy rate of 70.3%, 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
Lake County Florida $318,400 $1,586
Naugatuck Valley Planning Region Connecticut $317,700 $1,330
Waller County Texas $318,700 $1,169
Baldwin County Alabama $316,900 $1,277
Kent County Delaware $316,600 $1,354

Other Counties in Utah

CountyMedian Home ValueMedian RentOwner Occ.
Sevier County $311,200 $912 77.8%
Rich County $334,600 $760 84.7%
Uintah County $298,600 $941 73.5%
Sanpete County $347,200 $954 74.3%
Millard County $284,700 $882 81.8%

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).