Elk Ridge, UT
Full City Profile · Utah · Utah County County
4.5
/5.0
A+
Excellent
4,782
Population
1,638/sq mi density
$138,587
Median Income
$38,075 per capita
$565,200
Home Value
$695,013 Zillow
53°F
Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A+
Economy
4.7 / 5.0
$138,587 median income, 4.0% unemployment
A
Affordability
4.4 / 5.0
$565,200 home value, /mo rent
A
Education
4.4 / 5.0
41.9% bachelor's degree or higher
Housing Overview
Median Home Value
$565,200
100% above
US avg: $281,900
Homeownership Rate
99.6%
52% above US avg (65.4%)
Total Housing Units
1,273
Median year built: 2006
Home Value by Source
Census Median
$565,200
Zillow (ZHVI)
$695,013
Redfin Median Sale
$655,000
Median Sale Price
$655,000
Median List Price
$734,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
99.6%
Owner-Occupied
0.4%
Renter-Occupied
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
Market Indicators (Redfin)
Median Sale Price
$655,000
Median Days on Market
158 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
60.0%
of listings with price reduction
Price Per Sq Ft
$176
Active Inventory
20
homes for sale
Affordability & Housing Stock
Rent Burden
28.7%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
2006
Average age of housing stock: 20 years
Homeownership Rate
99.6%
Complete Housing Data
Home Values
| Census Median Value | $565,200 |
| Zillow Home Value (ZHVI) | $695,013 |
| Redfin Median Sale | $655,000 |
| Median Sale Price | $655,000 |
| Median List Price | $734,450 |
| Price Per Sq Ft | $176 |
Rent
| 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 Market | 158 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 60.0% |
| Homes Sold | 4 |
| Active Inventory | 20 |
| Price Per Sq Ft | $176 |
Ownership & Stock
| Owner-Occupied | 99.6% |
| Renter-Occupied | 0.4% |
| Homeownership Rate | 99.6% |
| Total Housing Units | 1,273 |
| Median Year Built | 2006 |
| Rent Burden | 28.7% |