A typical Oak City home is worth roughly $247,000
Builders were permitted 2 new homes in 2025.
What kind of housing town is Oak City?
Read from the numbers below. The page puts what stands out first.
A typical home costs 3.4 years of income
Less than across Utah (5.6 years). Try your own numbers below.
That covers a typical Oak City home, with $54K to spare.
A two-bedroom rents for about $1,260 a month here, $140 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Oak City’s typical property tax (0.50% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
91% of Oak City households own their home
Half of Oak City’s homes were built before 1974.
Utah: 70% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,260
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Millard County, UT): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
2 new homes permitted in 2025
Builders were permitted 2 new homes in Oak City in 2025, all single-family houses. Over the past 10 years, Oak City has permitted 19 homes in all.
Between the 2010 and 2020 censuses, Oak City gained 17 residents while 15 new homes were permitted: about 1.1 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Utah: 2.7 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 2 | 2 | 0 | $149,000 |
| 2024 | 3 | 3 | 0 | $452,000 |
| 2023 | 2 | 2 | 0 | $670,000 |
| 2022 | 3 | 3 | 0 | $607,000 |
| 2021 | 4 | 4 | 0 | $783,000 |
| 2020 | 2 | 2 | 0 | $373,000 |
| 2019 | 1 | 1 | 0 | $188,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 1 | 1 | 0 | $217,000 |
| 2016 | 1 | 1 | 0 | $279,000 |
| 2015 | 3 | 3 | 0 | $721,000 |
| 2014 | 5 | 5 | 0 | $910,000 |
| 2013 | 1 | 1 | 0 | $244,000 |
| 2012 | 2 | 2 | 0 | $470,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 1 | 1 | 0 | $207,000 |
| 2009 | 5 | 5 | 0 | $655,000 |
| 2008 | 3 | 3 | 0 | $354,000 |
| 2007 | 2 | 2 | 0 | $307,000 |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 1 | 1 | 0 | $132,000 |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 1 | 1 | 0 | $136,000 |
| 2001 | 1 | 1 | 0 | $135,000 |
| 2000 | 2 | 2 | 0 | $140,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
On the market in Oak City
Listed in the past 60 days. Each opens on the listing site.
Neighbors talk housing
What Oak City 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. New homes: U.S. Census Bureau, Building Permits Survey. 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.