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Nephi, UT

Full City Profile · Utah · Sanpete County County

3.3 /5.0
B Good
6,700 Population 1,223/sq mi density
$97,348 Median Income $34,229 per capita
$379,800 Home Value $451,681 Zillow
$1,010 Median Rent 22.9% income on rent
51°F Avg Temperature 330 sunny days/yr
81 Violent Crime/100K 1,192 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$97,348 median income, 1.3% unemployment
A
Affordability
4.5 / 5.0
$379,800 home value, $1,010/mo rent
F
Safety
1.0 / 5.0
81 violent crimes/100K
C+
Education
2.7 / 5.0
21.5% bachelor's degree or higher

Housing Overview

Median Home Value
$379,800
35% above
US avg: $281,900
Median Rent
$1,010/mo
13% below
US avg: $1,163/mo
Homeownership Rate
75.1%
15% above US avg (65.4%)
Total Housing Units
2,118
Median year built: 1978

Home Value by Source

Census Median
$379,800
Zillow (ZHVI)
$451,681
Median Sale Price
$492,500
Median List Price
$465,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

75.1%
Owner-Occupied
24.9%
Renter-Occupied
75%
25%
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: $1,010/mo

Market Indicators (Redfin)

Median Days on Market
131 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
40.6%
of listings with price reduction
Price Per Sq Ft
$159
Active Inventory
32
homes for sale

Affordability & Housing Stock

Rent Burden
22.9%
of renters spending 30%+ of income on housing
26% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
75.1%

Complete Housing Data

Home Values

Census Median Value$379,800
Zillow Home Value (ZHVI)$451,681
Median Sale Price$492,500
Median List Price$465,000
Price Per Sq Ft$159

Rent

Census Median Rent$1,010
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 Market131
Sale-to-List Ratio1.0%
Price Drops40.6%
Homes Sold4
Active Inventory32
Price Per Sq Ft$159

Ownership & Stock

Owner-Occupied75.1%
Renter-Occupied24.9%
Homeownership Rate75.1%
Total Housing Units2,118
Median Year Built1978
Rent Burden22.9%