Millcreek, UT
Full City Profile · Utah · Salt Lake County County
4.3
/5.0
A
Great
63,342
Population
4,910/sq mi density
$98,502
Median Income
$54,340 per capita
$579,300
Home Value
$633,137 Zillow
$1,444
Median Rent
28.8% income on rent
53°F
Avg Temperature
A
Overall
4.3 / 5.0
Strong
A+
Economy
4.6 / 5.0
$98,502 median income, 4.1% unemployment
B
Affordability
3.4 / 5.0
$579,300 home value, $1,444/mo rent
A+
Education
5.0 / 5.0
53.9% bachelor's degree or higher
Housing Overview
Median Home Value
$579,300
105% above
US avg: $281,900
Median Rent
$1,444/mo
24% above
US avg: $1,163/mo
Homeownership Rate
63.4%
3% below US avg (65.4%)
Total Housing Units
27,520
Median year built: 1972
Home Value by Source
Census Median
$579,300
Zillow (ZHVI)
$633,137
Redfin Median Sale
$599,000
Median Sale Price
$599,000
Median List Price
$649,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
63.4%
Owner-Occupied
36.6%
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
Census median rent:
$1,444/mo
· Zillow rent:
$1,405/mo
Market Indicators (Redfin)
Median Sale Price
$599,000
Median Days on Market
90 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
43
Price Drops
23.8%
of listings with price reduction
Price Per Sq Ft
$291
Active Inventory
143
homes for sale
Affordability & Housing Stock
Rent Burden
28.8%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
63.4%
Complete Housing Data
Home Values
| Census Median Value | $579,300 |
| Zillow Home Value (ZHVI) | $633,137 |
| Redfin Median Sale | $599,000 |
| Median Sale Price | $599,000 |
| Median List Price | $649,900 |
| Price Per Sq Ft | $291 |
Rent
| Census Median Rent | $1,444 |
| Zillow Rent (ZORI) | $1,405 |
| 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 | 90 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 23.8% |
| Homes Sold | 43 |
| Active Inventory | 143 |
| Price Per Sq Ft | $291 |
Ownership & Stock
| Owner-Occupied | 63.4% |
| Renter-Occupied | 36.6% |
| Homeownership Rate | 63.4% |
| Total Housing Units | 27,520 |
| Median Year Built | 1972 |
| Rent Burden | 28.8% |