Sevier County, Utah Housing Market

In Sevier County, Utah, the median home value is $311,200, with a median monthly rent of $912. This places Sevier County at #567 nationally out of 3134 counties by median home value, and #20 within Utah.

Median Home Value $311,200
Median Rent $912/mo
Owner Occupancy 77.8%
Price/Rent Ratio 28.4

📈 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 Sevier County rose +0.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

8,021
jobs (private sector)
  • Avg weekly wage: $931
  • Establishments: 722
  • BLS QCEW, 2025
🏗️

Housing Supply

97
new units authorized (2025)
  • Single-family: 97
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+416
net migration (filers, 2021-2022)
  • Inflow: 7,818 (avg $68,683)
  • Outflow: 7,402 (avg $69,178)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 84654 278.7 +4.58% 2025
2 84754 293.9 -4.11% 2025
3 84701 275.8 +3.82% 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 Sevier County Compares

MetricSevier CountyUtah AverageU.S. Average
Median Home Value $311,200 $418,720 $227,706
Median Gross Rent $912 $1,149 $968
Owner Occupancy Rate 77.8% 77.2% 73.3%
Price/Rent Ratio 28.4 29.9 18.7

Market Analysis

The median home value in Sevier County is 25.7% below the Utah state average and 36.7% above the U.S. national average. The median rent of $912/month is 20.6% below the state average.

With a price-to-rent ratio of 28.4, Sevier 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.

Sevier County has an owner-occupancy rate of 77.8%, 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

CountyStateMedian Home ValueMedian Rent
Madison County Mississippi $311,100 $1,186
Meade County South Dakota $310,900 $1,264
Bay County Florida $310,500 $1,484
Hancock County Maine $310,400 $1,061
Gloucester County New Jersey $310,400 $1,531

Other Counties in Utah

CountyMedian Home ValueMedian RentOwner Occ.
Garfield County $318,100 $817 70.3%
Uintah County $298,600 $941 73.5%
Rich County $334,600 $760 84.7%
Millard County $284,700 $882 81.8%
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).