Iron County, Utah Housing Market
In Iron County, Utah, the median home value is $379,000, with a median monthly rent of $1,065. This places Iron County at #341 nationally out of 3134 counties by median home value, and #16 within Utah.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $918
- Establishments: 2,150
- BLS QCEW, 2025
Housing Supply
- Single-family: 678
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 21,361 (avg $70,892)
- Outflow: 19,423 (avg $70,335)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 4 active ZIP codes in Iron County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 84761 | 366.4 | -2.32% | 2025 |
| 2 | 84721 | 348.5 | +7.14% | 2025 |
| 3 | 84720 | 305.7 | +2.43% | 2025 |
| 4 | 84757 | 282.7 | +13.77% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Iron County Compares
| Metric | Iron County | Utah Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $379,000 | $418,720 | $227,706 |
| Median Gross Rent | $1,065 | $1,149 | $968 |
| Owner Occupancy Rate | 68.3% | 77.2% | 73.3% |
| Price/Rent Ratio | 29.7 | 29.9 | 18.7 |
Market Analysis
The median home value in Iron County is 9.5% below the Utah state average and 66.4% above the U.S. national average. The median rent of $1,065/month is 7.3% below the state average.
With a price-to-rent ratio of 29.7, Iron 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.
Iron County has an owner-occupancy rate of 68.3%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Currituck County | North Carolina | $378,800 | $1,162 |
| Franklin County | Washington | $379,300 | $1,198 |
| Mesa County | Colorado | $378,600 | $1,182 |
| Chesapeake city | Virginia | $378,400 | $1,586 |
| Lower Connecticut River Valley Planning Region | Connecticut | $379,700 | $1,454 |
Other Counties in Utah
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Box Elder County | $403,600 | $1,116 | 76.0% |
| Sanpete County | $347,200 | $954 | 74.3% |
| Kane County | $410,900 | $1,072 | 80.4% |
| Wayne County | $411,800 | $884 | 79.3% |
| Rich County | $334,600 | $760 | 84.7% |
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).