Iron County, Utah Housing Market Prices
Iron County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 42% below the Utah median$289,289
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Median rent 29% below the Utah median$1,065
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Iron County | Utah Avg | US Average |
|---|---|---|---|
| Median Home Price | $289,289 | $498,552 | $248,835 |
| Price Trend (Annual %) | 8.7% | 11.3% | 7.5% |
| Median Gross Rent | $1,065 | $1,495 | $1,407 |
| Rent Trend (Annual %) | 5.3% | 6.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Iron County is about 42% lower than in Utah. Rent is about 29% lower than the Utah average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Iron County, up about 8.7% and 5.3% a year respectively. Home prices are changing faster.
Median rent in Iron County rose about 61.2% between 2015 and 2024, from $660 to $1,065. Over the same span, rent in Utah rose about 68.7%.
Affordability
On average, housing unit costs 4.3 yearly household incomes in Iron County.
Buying the median-priced home in Iron County costs roughly 22.6 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Iron County. The price-to-rent ratio in Utah is about 27.8.
| Metric | Iron County | Utah Avg | US Average |
|---|---|---|---|
| Median Home Price | $289,289 | $498,552 | $248,835 |
| Median Household Income | $67,560 | $95,466 | $80,455 |
| Price-to-Income Ratio | 4.3 | 5.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Iron County rose about 59.8%, while median household income rose about 50.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Iron County | Utah Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.4% | 64.6% | 58.5% |
| Rental Rate | 27.2% | 27.3% | 31.2% |
| Vacancy Rate | 14.4% | 8.1% | 10.2% |
| Median Tenure (years) | 12.0 | 13.0 | 15.0 |
| Median Year Moved In | 2014 | 2013 | 2011 |
Iron County has a homeownership rate of 58.4%, lower than the Utah average of 64.6%. Its housing vacancy rate is 14.4%, compared with 8.1% in Utah.
Housing Stock
| Metric | Iron County | Utah Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.03 people | 2.97 people | 2.53 people |
| Median Structure Built Year | 1997 | 1989 | 1978 |
| Median Number of Rooms | 5.8 | 6.4 | 5.5 |
The typical housing unit in Iron County was built around 1997. On average, 3.0 people live in a home with about 5.8 rooms, staying for about 12.0 years on average.
Iron County, UT Housing Compared With Nearby Counties
How Iron County, UT compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Iron County, UT | 62,246 | $289,289 #2/2 | $1,065 #2/2 | 68.3% #2/2 |
| Washington County, UT | 196,425 | $759,880 | $1,566 | 71.6% |
Frequently Asked Questions
Common questions about the housing market in Iron County, Utah.
What is the median home price in Iron County, Utah?
The median home price in Iron County, Utah is $289,289, lower than the Utah average of $498,552.
What is the average home price in Iron County, Utah?
The typical home price in Iron County, Utah, reported as the median sale price, is $289,289. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Iron County, Utah?
The median gross rent in Iron County, Utah is $1,065 per month, lower than the Utah average of $1,495.
What was the median gross rent in Iron County in 2020?
In 2020, the median gross rent in Iron County, Utah was $816 per month.
What is the price-to-rent ratio in Iron County, Utah?
The price-to-rent ratio in Iron County, Utah is about 22.6, meaning it would take roughly 22.6 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Iron County.
Are home prices or rent rising faster in Iron County, Utah?
Both home prices and rent are rising in Iron County, up about 8.7% and 5.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Iron County, Utah?
58.4% of households in Iron County, Utah own their home, lower than the Utah average of 64.6%.
What is the vacancy rate in Iron County, Utah?
The housing vacancy rate in Iron County, Utah is 14.4%, higher than the Utah average of 8.1%.
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