Wasatch County, Utah Housing Market
In Wasatch County, Utah, the median home value is $787,300, with a median monthly rent of $2,000. This places Wasatch County at #34 nationally out of 3134 counties by median home value, and #2 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: $1,138
- Establishments: 1,616
- BLS QCEW, 2025
Housing Supply
- Single-family: 786
- Multi-family: 342
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 13,762 (avg $183,742)
- Outflow: 12,576 (avg $170,545)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Wasatch County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 84049 | 310.9 | +0.48% | 2025 |
| 2 | 84032 | 333.6 | +4.20% | 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.
🔗 Explore Wasatch County on Our Sister Sites
Get the complete picture for Wasatch County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Wasatch County Compares
| Metric | Wasatch County | Utah Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $787,300 | $418,720 | $227,706 |
| Median Gross Rent | $2,000 | $1,149 | $968 |
| Owner Occupancy Rate | 80.3% | 77.2% | 73.3% |
| Price/Rent Ratio | 32.8 | 29.9 | 18.7 |
Market Analysis
The median home value in Wasatch County is 88.0% above the Utah state average and 245.8% above the U.S. national average. The median rent of $2,000/month is 74.1% above the state average.
With a price-to-rent ratio of 32.8, Wasatch 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.
Wasatch County has an owner-occupancy rate of 80.3%, 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 |
|---|---|---|---|
| Santa Barbara County | California | $790,700 | $2,131 |
| San Benito County | California | $793,400 | $1,992 |
| Monterey County | California | $781,000 | $2,055 |
| Monroe County | Florida | $780,600 | $1,999 |
| San Juan County | Washington | $799,200 | $1,512 |
Other Counties in Utah
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Morgan County | $654,900 | $1,492 | 88.8% |
| Grand County | $538,700 | $1,118 | 70.3% |
| Utah County | $538,700 | $1,541 | 68.3% |
| Salt Lake County | $525,700 | $1,592 | 66.1% |
| Washington County | $510,700 | $1,566 | 71.6% |
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).