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Spring Lake, UT
Full City Profile · Utah · Utah County County
3.6
/5.0
B+
Good
705
Population
430/sq mi density
$143,049
Median Income
$31,993 per capita
$483,800
Home Value
$466,794 Zillow
53°F
Avg Temperature
308 sunny days/yr
78
Violent Crime/100K
2,493 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$143,049 median income, 0.0% unemployment
A+
Affordability
4.8 / 5.0
$483,800 home value, /mo rent
F
Safety
1.0 / 5.0
78 violent crimes/100K
B+
Education
3.6 / 5.0
32.3% bachelor's degree or higher
Housing Overview
Median Home Value
$483,800
72% above
US avg: $281,900
Homeownership Rate
90.4%
38% above US avg (65.4%)
Total Housing Units
132
Median year built: 1984
Home Value by Source
Census Median
$483,800
Zillow (ZHVI)
$466,794
Median Sale Price
$1,290,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.4%
Owner-Occupied
9.6%
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
Market Indicators (Redfin)
Median Days on Market
67 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$303
Affordability & Housing Stock
Rent Burden
36.6%
of renters spending 30%+ of income on housing
18% above US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
90.4%
Complete Housing Data
Home Values
| Census Median Value | $483,800 |
| Zillow Home Value (ZHVI) | $466,794 |
| Median Sale Price | $1,290,000 |
| Price Per Sq Ft | $303 |
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 | 67 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Price Per Sq Ft | $303 |
Ownership & Stock
| Owner-Occupied | 90.4% |
| Renter-Occupied | 9.6% |
| Homeownership Rate | 90.4% |
| Total Housing Units | 132 |
| Median Year Built | 1984 |
| Rent Burden | 36.6% |