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Sarah Mitchell

CNESRESABR

Compass Real Estate · Spanish Fork, UT

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Spanish Fork, UT(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Spanish Fork, UT Housing Market & Real Estate

Leaning buyer's+9.7% YoY

Housing market overview · Updated monthly ·

$482,900median sale price

How is the Spanish Fork, UT housing market right now?

The median home sale price in Spanish Fork, UT is $482,900, up 9.7% year-over-year. Homes sell in an average of 36 days with 205 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Spanish Fork a buyer's or seller's market?

Leaning buyer's6.2 months of supply36 avg. days on market

Spanish Fork, UT is currently a leaning buyer's, based on 6.2 months of supply and homes selling in about 36 days. How we determine this →

Homes sold

33

Last 12 weeks

Days on market

36

Average pace

Active listings

205

6.2 months supply

Sale-to-list

99.7%

Below asking

What does the Spanish Fork housing market data show?

Current housing market statistics for Spanish Fork, UT
MetricValue
Median sale price$482,900
Median list price$539,900
Year-over-year price change+9.7%
Average days on market36 days
Active inventory205 listings
Months of supply6.2 months
Sale-to-list price ratio99.7%
Median price per sq ft$202/sq ft
Homes sold (latest month)33
New listings (latest month)77
Listings with a price cut25.4%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Spanish Fork by property type?

How the Spanish Fork, UT market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Spanish Fork, UT
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$522,500$207/sq ft2031 days
Condo / Co-op$295,000$232/sq ft353 days
Townhouse$417,450$194/sq ft1275 days

Source: Redfin · Updated monthly

The Spanish Fork housing market is currently classified as a leaning buyer's with a median sale price of $482,900. Prices have risen 9.7% compared to last year, with homes spending an average of 36 days on market, indicating 6.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.

Homes for sale in Spanish Fork

There are currently 205 homes listed for sale in Spanish Fork, Utah. The median listing price is $540K.

Active listings

205

Homes on market

Median list price

$540K

Avg. days on market

36

Days until sale

New this week

77

Newly listed

Price drops:25.4%of listings
Sale-to-list:99.7%

Who lives in Spanish Fork?

Population

43,632

Median income

$98,497/yr

Median age

27.2 years

Owner-occupied

79.2%

College grads

38.2%

Avg commute

19.4 min

Source: U.S. Census Bureau ACS

What are homes worth in Spanish Fork?

Zillow home value

$521,756

Zillow rent index

$2,127/mo

Price-to-rent ratio

20.4x

Price-to-income

5.3x

Source: Zillow Research

What is it like to live in Spanish Fork?

Spanish Fork is a community of approximately 44K residents with a median age of 27.2 years.The median household income is $98,497, which reflects a relatively affluent area with strong earning potential. 38.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 79.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Spanish Fork offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Spanish Fork?

15 schools tracked · 12,233 students

The largest public schools serving Spanish Fork, UT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Maple Mountain High

Grades 7-12 · 1,837 students

Public

American Leadership Academy

Grades K-12 · 1,620 students

Charter

Spanish Fork High

Grades 9-12 · 1,546 students

Public

Diamond Fork Middle

Grades 6-8 · 1,077 students

Public

Spanish Fork Jr High

Grades 7-9 · 1,057 students

Public

Rees School

Grades PK-6 · 777 students

Public

Riverview School

Grades PK-6 · 698 students

Public

Sierra Bonita Elementary

Grades PK-6 · 593 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Spanish Fork, UT?

Want a head-to-head view? Compare Spanish Fork side-by-side with any other U.S. city using our market-comparison tool.

Is Spanish Fork a good real estate investment market?

For investors evaluating Spanish Fork, the price-to-rent ratio of 20.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 9.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Spanish Fork's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Spanish Fork's median home price.

Frequently asked questions

What is the average home price in Spanish Fork?

The median home sale price in Spanish Fork is $482,900, up 9.7% from last year.

How long do homes stay on market in Spanish Fork?

Homes typically spend 36 days on market before going under contract.

What is the median income in Spanish Fork?

The median household income is $98,497 per year.

Is Spanish Fork a buyer's or seller's market?

With 6.2 months of supply, Spanish Fork is currently a leaning buyer's.

What is the Zillow home value estimate for Spanish Fork?

The Zillow Home Value Index (ZHVI) for Spanish Fork is $521,756, representing the typical home value in the area.

What is the median condo price in Spanish Fork?

The median condo/co-op sale price in Spanish Fork, UT is $295,000, compared to $522,500 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Spanish Fork?

The median single-family home price in Spanish Fork, UT is $522,500 (about $207 per square foot).

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