A typical Ephraim home is worth roughly $464,000
Home prices around Ephraim have risen about 66% over the past 5 years.
What kind of housing town is Ephraim?
Read from the numbers below. The page puts what stands out first.
16 of Ephraim’s houses are on the National Register
Half of Ephraim’s homes were built before 1996.
Utah: 70% own.
U.S. Census Bureau, American Community Survey 2020-2024. Historic houses: National Register of Historic Places.
A two-bedroom rents for about $1,130
Renters already here pay a median of $928, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Sanpete County, UT): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Home prices up 66% in 5 years
The federal house price index for the ZIP code around Ephraim rose 66% over the past 5 years, faster than across Utah (53%). Last year prices rose 4.5%. Carrying the Census median home value forward with that index puts the typical Ephraim home at roughly $464,000 today.
Carrying the Census median forward with the index puts a typical home at about $464K.
How Ephraim ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Ephraim, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A typical home costs 7 years of income
More than across Utah (5.6 years). Try your own numbers below.
That’s $189K short of a typical Ephraim home.
A two-bedroom rents for about $1,130 a month here, $1,510 less than owning.
How Ephraim ranks on affordability →
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Ephraim’s typical property tax (0.53% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Neighbors talk housing
What Ephraim buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.