Spanish Fork, Utah.
Typical home $512,107 (+1.5% in a year), asking rent $2,011 (+2.3%). Provo-Orem, UT metro.
to buy the typical home at today's mortgage rate — +$1,461 (+119%) since Jan 2020.
- 1 year
- Up $7,561 +1%
- $504,546$512,107 since Sep 2025
- 5 years
- Up $55,011 +12%
- $457,096$512,107 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Spanish Fork$2,688
- Utah$2,797
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 30 years.
Typical home values in Spanish Fork, UT rose 1.5% over the past year — faster than the nation's +1.2%.
Asking rents in Spanish Fork, UT rose 2.3% over the past year — slower than the nation's +2.7%.
Owning the typical home in Spanish Fork runs $1,413/mo more than renting one. The gap peaked at $1,535 in Oct 2023.
That is $3,424 a month against $2,011 rent: a $2,688 mortgage payment, plus $188 property tax and $548 insurance & upkeep.
Owning vs renting — Spanish Fork
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,424
- Renting$2,011
- Mortgage only$2,688
Property tax · $188/mo 0.44% of value a year — the ACS 2020-2024 median bill over the median home value for Utah County, UT
Insurance & upkeep · $548/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Spanish Fork, Utah County, Utah
Spanish Fork is a city of 42,602 people in Utah County. Half its households earn more than $104,844 a year and half less, against $100,671 across Utah County; 7% of its people live below the poverty line. 80% of its homes are lived in by their owners and 20% are rented. Unemployment in Spanish Fork was 4.1% in August 2026, and Utah County had 1.8% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Spanish Fork is a city of young households, with a median age well below that of the country as a whole. Most homes are lived in by their owners, and incomes run a little above the county's, with fewer people living below the poverty line than in many American towns. Winters are cold and snowy, with January the coldest month, while July brings hot days; rain and melted snow add up to a fairly dry year.
Work. Residents work mostly in schools, hospitals and social care, followed by manufacturing, shops and professional and business services. Among the largest workplaces in Spanish Fork are Walmart, Costco Wholesale and Nature's Sunshine, which makes vitamin preparations. A typical commute is fairly short, and a good number of people work from home.
Things to do. Utah Lake State Park is a short drive away, a protected area on the shore of the lake, and the Provo River is also close for time by the water. Culture is near at hand too, with the Springville Museum of Art a short drive away. For mountain scenery, Timpanogos Cave National Monument is a longer drive.
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- 12,359households
- 39%of adults have a degree
- 7%below the poverty line
- 20 mintypical commute
- 15%work from home
What residents work in
Employed residents by industry, from the Census survey. Utah County had 300,580 jobs in 2025, 1.8% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 38° and lows near 22°; warmest in July, with highs near 93° and lows near 61°. About 66 inches of snow and 20 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Spanish Fk Pwr House weather station, 3 miles away (NOAA).
Largest workplaces in Spanish Fork
- WalmartWarehouse clubs and supercenters327
- Costco WholesaleWholesale grocer313
- Nature's Sunshine- Spanish ForkVitamin preparations manufacturing250
- WestRock LongviewCorrugated and solid fiber boxes223
- Precision CastpartsGold and silver plating metals and metal products for the trade184
- Associated Food StoresGrocery stores177
- Spanish Fork-VASAPhysical fitness facilities161
- Lowe's Companies, INCHomecenter147
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 21 workplaces with 20 or more staff, 2,541 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- EarthquakesRelatively high
- AvalanchesRelatively moderate
- Lightningrelatively high in parts of Spanish ForkRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Spanish Fork’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Utah County and the Provo-Orem, UT metro.
Spanish Fork home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Spanish Fork$512,107
- Utah$532,920
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Spanish Fork listings, and the typical home goes pending in 32 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Spanish Fork34.43%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Spanish Fork32
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Spanish Fork201
New listings per month
Sellers arriving at the market.
- Spanish Fork51
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Spanish Fork$456,994
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Spanish Fork99.12%
Zip codes with a Spanish Fork address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Spanish Fork — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.