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Springville, UT

Full City Profile · Utah · Utah County County

3.5 /5.0
B+ Good
35,474 Population 2,450/sq mi density
$88,516 Median Income $31,079 per capita
$429,200 Home Value $505,196 Zillow
$1,472 Median Rent 28.1% income on rent
55°F Avg Temperature 316 sunny days/yr
57 Violent Crime/100K 1,494 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$88,516 median income, 1.8% unemployment
B+
Affordability
3.9 / 5.0
$429,200 home value, $1,472/mo rent
F
Safety
1.0 / 5.0
57 violent crimes/100K
A
Education
4.1 / 5.0
38.9% bachelor's degree or higher

Housing Overview

Median Home Value
$429,200
52% above
US avg: $281,900
Median Rent
$1,472/mo
27% above
US avg: $1,163/mo
Homeownership Rate
70.1%
7% above US avg (65.4%)
Total Housing Units
10,593
Median year built: 1993

Home Value by Source

Census Median
$429,200
Zillow (ZHVI)
$505,196
Median Sale Price
$565,000
Median List Price
$467,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.1%
Owner-Occupied
29.9%
Renter-Occupied
70%
30%
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: $1,472/mo · Zillow rent: $1,623/mo

Market Indicators (Redfin)

Median Days on Market
51 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
23
Price Drops
18.6%
of listings with price reduction
Price Per Sq Ft
$255
Active Inventory
86
homes for sale

Affordability & Housing Stock

Rent Burden
28.1%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
70.1%

Complete Housing Data

Home Values

Census Median Value$429,200
Zillow Home Value (ZHVI)$505,196
Median Sale Price$565,000
Median List Price$467,900
Price Per Sq Ft$255

Rent

Census Median Rent$1,472
Zillow Rent (ZORI)$1,623
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 Market51
Sale-to-List Ratio1.0%
Price Drops18.6%
Homes Sold23
Active Inventory86
Price Per Sq Ft$255

Ownership & Stock

Owner-Occupied70.1%
Renter-Occupied29.9%
Homeownership Rate70.1%
Total Housing Units10,593
Median Year Built1993
Rent Burden28.1%