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Housing in Castle Valley

A typical Castle Valley home is worth roughly $423,000

Home prices around Castle Valley have risen about 44% over the past 5 years.

Typical home value
$423K
▼ 0.5% in a year · UT $535K
Estimate
2-bedroom rent
$1,560
a month, utilities in · HUD
Median tax bill
$2,151
UT $2,525

What kind of housing town is Castle Valley?

Read from the numbers below. The page puts what stands out first.

★ What stands out · The homes

87% of Castle Valley households own their home

Half of Castle Valley’s homes were built before 1994.

Owners and renters
Own 87%Rent 13%

Utah: 70% own.

1994
typical home built · UT 1992
$2,151
median property tax bill · UT $2,525
30%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Affordability

What it takes to buy in Castle Valley

Try your own numbers below.

You could afford about
$391,000
Typical Castle Valley home $423K

That’s $32K short of a typical Castle Valley home.

The typical home, each month
$2,400
Loan $2,090Tax $180Insurance $120

A two-bedroom rents for about $1,560 a month here, $840 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Utah typical property tax (0.52% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 44% in 5 years

The federal house price index for the ZIP code around Castle Valley rose 44% over the past 5 years, slower than across Utah (53%). Last year prices fell 0.5%.

Castle Valley areaUtah
0%+100%+200%+300%200020052010201520202025
−0.5%
past year
+44%
past 5 years
+110%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Castle Valley, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $1,560

Fair Market Rent a month, utilities included

Studio$1,140
1 bedroom$1,290
2 bedrooms$1,560
3 bedrooms$2,100
4 bedrooms$2,590
13%
of households rent · UT 30%
5
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Grand County, UT): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Neighbors talk housing

What Castle Valley buyers, sellers and renters are saying.

Town Square →
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Is Castle Valley still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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