Zip 84761 (Parowan, UT) Housing

The housing market in 84761 Parowan, UT is quite robust, with a median value of $360,800 reported. This is higher than the US median value of $338,100 - indicating this area has seen higher appreciation for homes. The 1 year house appreciation for Parowan is 7.86%, slightly lower than the national average of 8.27%. Despite a lower than average appreciation rate, the housing market in Parowan remains strong and looks to remain that way in the coming years.

The median home cost in Parowan (zip 84761) is $360,800. Home appreciation the last 10 years has been 170.2%. Home Appreciation in Parowan (zip 84761) is up 19.9%.

Average Age of Homes

- The median age of Parowan (zip 84761) real estate is 35 years old

The Rental Market in Parowan (zip 84761)

- Renters make up 17.2% of the Parowan (zip 84761) population
- 1.1% of houses and apartments in Parowan (zip 84761), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Parowan, Utah	United States
	1,414.0	139,647,020.0
	43	42
	$360,800	$338,100
	19.9%	16.6%
	94.2%	57.0%
	170.2%	101.1%
	$6.50	$10.98
	$1,187	$2,690
	49.3%	57.4%
	23.2%	11.2%
	27.5%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	3.0%	0.4%
	15.9%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.9%	2.4%
	2.3%	2.8%
	9.2%	3.9%
	0.0%	4.5%
	12.9%	11.3%
	37.6%	13.0%
	22.0%	20.1%
	10.5%	13.6%
	2.7%	8.3%
	0.0%	9.7%
	2.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.3%	0.2%
	5.7%	13.6%
	5.7%	13.6%
	18.0%	13.6%
	16.8%	13.2%
	29.4%	14.8%
	18.0%	13.6%
	7.6%	10.0%
	0.8%	4.7%
	8.8%	12.2%

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