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American Fork, UT

Full City Profile · Utah · Utah County County

3.5 /5.0
B+ Good
35,312 Population 3,100/sq mi density
$95,823 Median Income $37,710 per capita
$467,900 Home Value $520,861 Zillow
$1,665 Median Rent 27.8% income on rent
54°F Avg Temperature 316 sunny days/yr
42 Violent Crime/100K 685 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$95,823 median income, 2.4% unemployment
B+
Affordability
3.9 / 5.0
$467,900 home value, $1,665/mo rent
F
Safety
1.0 / 5.0
42 violent crimes/100K
A
Education
4.4 / 5.0
42.0% bachelor's degree or higher

Housing Overview

Median Home Value
$467,900
66% above
US avg: $281,900
Median Rent
$1,665/mo
43% above
US avg: $1,163/mo
Homeownership Rate
67.6%
3% above US avg (65.4%)
Total Housing Units
10,647
Median year built: 1993

Home Value by Source

Census Median
$467,900
Zillow (ZHVI)
$520,861
Median Sale Price
$490,423
Median List Price
$485,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

67.6%
Owner-Occupied
32.4%
Renter-Occupied
68%
32%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$981/mo
1 Bedroom
$1,082/mo
2 Bedroom
$1,313/mo
3 Bedroom
$1,746/mo
4 Bedroom
$2,105/mo
Census median rent: $1,665/mo · Zillow rent: $1,643/mo

Market Indicators (Redfin)

Median Days on Market
65 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
45
Price Drops
29.6%
of listings with price reduction
Price Per Sq Ft
$239
Active Inventory
88
homes for sale

Affordability & Housing Stock

Rent Burden
27.8%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
67.6%

Complete Housing Data

Home Values

Census Median Value$467,900
Zillow Home Value (ZHVI)$520,861
Median Sale Price$490,423
Median List Price$485,000
Price Per Sq Ft$239

Rent

Census Median Rent$1,665
Zillow Rent (ZORI)$1,643
FMR Studio$981
FMR 1-Bedroom$1,082
FMR 2-Bedroom$1,313
FMR 3-Bedroom$1,746
FMR 4-Bedroom$2,105

Market

Days on Market65
Sale-to-List Ratio1.0%
Price Drops29.6%
Homes Sold45
Active Inventory88
Price Per Sq Ft$239

Ownership & Stock

Owner-Occupied67.6%
Renter-Occupied32.4%
Homeownership Rate67.6%
Total Housing Units10,647
Median Year Built1993
Rent Burden27.8%