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Timber Lakes, UT
Full City Profile · Utah · Wasatch County County
2.9
/5.0
C+
Fair
966
Population
109/sq mi density
$49,435
Median Income
$32,845 per capita
$515,400
Home Value
$795,964 Zillow
47°F
Avg Temperature
316 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$49,435 median income, 0.0% unemployment
F
Affordability
1.0 / 5.0
$515,400 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A
Education
4.1 / 5.0
38.8% bachelor's degree or higher
Housing Overview
Median Home Value
$515,400
83% above
US avg: $281,900
Homeownership Rate
100.0%
53% above US avg (65.4%)
Total Housing Units
1,050
Median year built: 2002
Home Value by Source
Census Median
$515,400
Zillow (ZHVI)
$795,964
Median Sale Price
$499,000
Median List Price
$975,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
100.0%
Owner-Occupied
0.0%
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
98 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
11.5%
of listings with price reduction
Price Per Sq Ft
$440
Active Inventory
26
homes for sale
Affordability & Housing Stock
Rent Burden
31.5%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
2002
Average age of housing stock: 24 years
Homeownership Rate
100.0%
Complete Housing Data
Home Values
| Census Median Value | $515,400 |
| Zillow Home Value (ZHVI) | $795,964 |
| Median Sale Price | $499,000 |
| Median List Price | $975,000 |
| Price Per Sq Ft | $440 |
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 | 98 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 11.5% |
| Homes Sold | 3 |
| Active Inventory | 26 |
| Price Per Sq Ft | $440 |
Ownership & Stock
| Owner-Occupied | 100.0% |
| Renter-Occupied | 0.0% |
| Homeownership Rate | 100.0% |
| Total Housing Units | 1,050 |
| Median Year Built | 2002 |
| Rent Burden | 31.5% |