Tooele County, Utah Housing Market
In Tooele County, Utah, the median home value is $431,600, with a median monthly rent of $1,189. This places Tooele County at #223 nationally out of 3134 counties by median home value, and #10 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: $952
- Establishments: 1,451
- BLS QCEW, 2025
Housing Supply
- Single-family: 439
- Multi-family: 84
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 28,988 (avg $76,890)
- Outflow: 26,779 (avg $77,513)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Tooele County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 84074 | 303.3 | +0.01% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Tooele County Compares
| Metric | Tooele County | Utah Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $431,600 | $418,720 | $227,706 |
| Median Gross Rent | $1,189 | $1,149 | $968 |
| Owner Occupancy Rate | 81.8% | 77.2% | 73.3% |
| Price/Rent Ratio | 30.2 | 29.9 | 18.7 |
Market Analysis
The median home value in Tooele County is 3.1% above the Utah state average and 89.5% above the U.S. national average. The median rent of $1,189/month is 3.5% above the state average.
With a price-to-rent ratio of 30.2, Tooele 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.
Tooele County has an owner-occupancy rate of 81.8%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Martin County | Florida | $432,200 | $1,569 |
| Clark County | Nevada | $431,000 | $1,626 |
| San Juan County | Colorado | $432,500 | $992 |
| Douglas County | Washington | $432,500 | $1,305 |
| Lane County | Oregon | $430,600 | $1,355 |
Other Counties in Utah
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Weber County | $426,700 | $1,379 | 74.1% |
| Juab County | $425,400 | $907 | 83.8% |
| Cache County | $444,400 | $1,213 | 63.7% |
| Wayne County | $411,800 | $884 | 79.3% |
| Kane County | $410,900 | $1,072 | 80.4% |
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).