Piute County, Utah Housing Market
In Piute County, Utah, the median home value is $264,800, with a median monthly rent of $950. This places Piute County at #816 nationally out of 3134 counties by median home value, and #26 within Utah.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $684
- Establishments: 44
- BLS QCEW, 2025
Housing Supply
- Single-family: 21
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 507 (avg $56,120)
- Outflow: 477 (avg $56,134)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Piute County Compares
| Metric | Piute County | Utah Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $264,800 | $418,720 | $227,706 |
| Median Gross Rent | $950 | $1,149 | $968 |
| Owner Occupancy Rate | 95.5% | 77.2% | 73.3% |
| Price/Rent Ratio | 23.2 | 29.9 | 18.7 |
Market Analysis
The median home value in Piute County is 36.8% below the Utah state average and 16.3% above the U.S. national average. The median rent of $950/month is 17.3% below the state average.
With a price-to-rent ratio of 23.2, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Piute County has an owner-occupancy rate of 95.5%, compared to 77.2% in Utah and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Newton County | Georgia | $265,000 | $1,439 |
| Brookings County | South Dakota | $264,600 | $901 |
| Iowa County | Wisconsin | $265,000 | $954 |
| Wabasha County | Minnesota | $264,400 | $830 |
| Lassen County | California | $265,300 | $1,000 |
Other Counties in Utah
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Daggett County | $282,300 | $900 | 82.3% |
| Beaver County | $283,700 | $981 | 81.0% |
| Duchesne County | $283,700 | $1,009 | 78.9% |
| Millard County | $284,700 | $882 | 81.8% |
| Uintah County | $298,600 | $941 | 73.5% |
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).