Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Juab County | Utah Avg | US Average |
|---|---|---|---|
| Median Home Price | $295,832 | $457,939 | $242,182 |
| Price Trend (Annual %) | 60.0% | 11.6% | 8.2% |
| Median Gross Rent | $916 | $1,405 | $1,342 |
| Rent Trend (Annual %) | 3.0% | 6.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Juab County is about 35% lower than in Utah. Rent is about 35% lower than the Utah average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2022
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Juab County, up about 60.0% and 3.0% a year respectively. Home prices are changing faster.
Median rent in Juab County rose about 20.5% between 2015 and 2023, from $760 to $917. Over the same span, rent in Utah rose about 58.6%.
Affordability
On average, housing unit costs 3.3 yearly household incomes in Juab County.
Buying the median-priced home in Juab County costs roughly 26.9 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 Juab County. The price-to-rent ratio in Utah is about 27.2.
| Metric | Juab County | Utah Avg | US Average |
|---|---|---|---|
| Median Home Price | $295,832 | $457,939 | $242,182 |
| Median Household Income | $89,784 | $92,351 | $78,145 |
| Price-to-Income Ratio | 3.3 | 5.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2022, the median home price in Juab County rose about 141.2%, while median household income rose about 78.1% between 2009 and 2023 — 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 | Juab County | Utah Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 76.6% | 64.8% | 58.2% |
| Rental Rate | 17.9% | 26.9% | 31.3% |
| Vacancy Rate | 5.4% | 8.2% | 10.6% |
| Median Tenure (years) | 14.0 | 13.0 | 15.0 |
| Median Year Moved In | 2012 | 2013 | 2011 |
Juab County has a homeownership rate of 76.6%, higher than the Utah average of 64.8%. Its housing vacancy rate is 5.4%, compared with 8.2% in Utah.
Housing Stock
| Metric | Juab County | Utah Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.22 people | 2.99 people | 2.54 people |
| Median Structure Built Year | 1982 | 1988 | 1978 |
| Median Number of Rooms | 6.9 | 6.4 | 5.5 |
The typical housing unit in Juab County was built around 1982. On average, 3.2 people live in a home with about 6.9 rooms, staying for about 14.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Juab County, Utah.
What is the median home price in Juab County, Utah?
The median home price in Juab County, Utah is $295,832, lower than the Utah average of $457,939.
What is the average home price in Juab County, Utah?
The typical home price in %s, reported as the median sale price, is %s. 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 Juab County, Utah?
The median gross rent in Juab County, Utah is $917 per month, lower than the Utah average of $1,405.
What was the median gross rent in Juab County in 2020?
In 2020, the median gross rent in Juab County, Utah was $705 per month.
What is the price-to-rent ratio in Juab County, Utah?
The price-to-rent ratio in Juab County, Utah is about 26.9, meaning it would take roughly 26.9 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 Juab County.
Are home prices or rent rising faster in Juab County, Utah?
Both home prices and rent are rising in Juab County, up about 60.0% and 3.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Juab County, Utah?
76.6% of households in Juab County, Utah own their home, higher than the Utah average of 64.8%.
What is the vacancy rate in Juab County, Utah?
The housing vacancy rate in Juab County, Utah is 5.4%, lower than the Utah average of 8.2%.