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Spanish Fork, UT

Full City Profile · Utah · Utah County County

3.5 /5.0
B+ Good
43,632 Population 2,454/sq mi density
$98,497 Median Income $32,034 per capita
$444,200 Home Value $511,660 Zillow
$1,417 Median Rent 26.7% income on rent
53°F Avg Temperature 308 sunny days/yr
17 Violent Crime/100K 818 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$98,497 median income, 1.4% unemployment
A
Affordability
4.1 / 5.0
$444,200 home value, $1,417/mo rent
F
Safety
1.0 / 5.0
17 violent crimes/100K
A
Education
4.1 / 5.0
38.2% bachelor's degree or higher

Housing Overview

Median Home Value
$444,200
58% above
US avg: $281,900
Median Rent
$1,417/mo
22% above
US avg: $1,163/mo
Homeownership Rate
79.2%
21% above US avg (65.4%)
Total Housing Units
11,903
Median year built: 2000

Home Value by Source

Census Median
$444,200
Zillow (ZHVI)
$511,660
Median Sale Price
$464,500
Median List Price
$514,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.2%
Owner-Occupied
20.8%
Renter-Occupied
79%
21%
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: $1,417/mo · Zillow rent: $2,222/mo

Market Indicators (Redfin)

Median Days on Market
81 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
34
Price Drops
22.6%
of listings with price reduction
Price Per Sq Ft
$203
Active Inventory
177
homes for sale

Affordability & Housing Stock

Rent Burden
26.7%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
2000
Average age of housing stock: 26 years
Homeownership Rate
79.2%

Complete Housing Data

Home Values

Census Median Value$444,200
Zillow Home Value (ZHVI)$511,660
Median Sale Price$464,500
Median List Price$514,950
Price Per Sq Ft$203

Rent

Census Median Rent$1,417
Zillow Rent (ZORI)$2,222
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 Market81
Sale-to-List Ratio1.0%
Price Drops22.6%
Homes Sold34
Active Inventory177
Price Per Sq Ft$203

Ownership & Stock

Owner-Occupied79.2%
Renter-Occupied20.8%
Homeownership Rate79.2%
Total Housing Units11,903
Median Year Built2000
Rent Burden26.7%