Springville, Utah.
Typical home $503,058 (+1.5% in a year), asking rent $1,614 (+3.5%). Provo-Orem, UT metro.
to buy the typical home at today's mortgage rate — +$1,451 (+122%) since Jan 2020.
- 1 year
- Up $7,391 +1%
- $495,667$503,058 since Sep 2025
- 5 years
- Up $61,089 +14%
- $441,969$503,058 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.
- Springville$2,640
- Utah$2,797
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 27 years.
Typical home values in Springville, UT rose 1.5% over the past year — faster than the nation's +1.2%.
Asking rents in Springville, UT rose 3.5% over the past year — faster than the nation's +2.7%.
Owning the typical home in Springville runs $1,749/mo more than renting one. The gap peaked at $1,752 in Jan 2025.
That is $3,363 a month against $1,614 rent: a $2,640 mortgage payment, plus $184 property tax and $539 insurance & upkeep.
Owning vs renting — Springville
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$3,363
- Renting$1,614
- Mortgage only$2,640
Property tax · $184/mo 0.44% of value a year — the ACS 2020-2024 median bill over the median home value for Utah County, UT
Insurance & upkeep · $539/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 Springville, Utah County, Utah
Springville is a city of 35,268 people in Utah County. Half its households earn more than $89,816 a year and half less, against $100,671 across Utah County; 7% of its people live below the poverty line. 72% of its homes are lived in by their owners and 28% are rented. Unemployment in Springville was 4.0% 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 professional services.
Written by AI Claude Sonnet 5.5 wrote this on 24 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. Springville is a city in Utah County with a young population, and most of its homes are lived in by their owners. Household incomes run a little below the county's, and a small share of residents live below the poverty line. Winters are cold and snowy, with January the coldest month, while July brings hot summer days, and the year's moisture comes as a mix of rain and melted snow.
Work. Residents work mostly in schools, hospitals and social care, with many others in professional and business services, the building trades and manufacturing. In town, Nestle USA, which makes frozen dinners, and FiberTel, a fiber optic cable construction company, are among the largest workplaces. Many people drive to work, and a good number work from home.
Things to do. The Springville Museum of Art is in or beside town, and a short drive brings you to the Provo River and Utah Lake State Park. Farther afield, a longer drive reaches Sundance Resort, a ski area, and Timpanogos Cave National Monument.
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- 10,986households
- 39%of adults have a degree
- 7%below the poverty line
- 23 mintypical commute
- 16%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 41° and lows near 24°; warmest in July, with highs near 95° and lows near 62°. About 45 inches of snow and 17 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Provo Byu weather station, 6 miles away (NOAA).
Largest workplaces in Springville
- Nestle USAFrozen dinners manufacturing1,092
- FiberTelFiber optic cable transmission line construction563
- WalmartWarehouse clubs and supercenters346
- Smiths Food And DrugWarehouse clubs and supercenters204
- Admiral BeverageSoft drinks merchant wholesalers185
- The Church of Jesus Christ of Latter day SaintsUsed merchandise store145
- Western States MechanicalAir system balancing and testing105
- Arrived LogisticsCouriers and express delivery services91
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 18 workplaces with 20 or more staff, 3,245 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
- WildfireRelatively high
- AvalanchesRelatively moderate
- Earthquakesrelatively high in parts of SpringvilleRelatively moderate
- Lightningrelatively high in parts of SpringvilleRelatively moderate
- Winter weatherrelatively high in parts of SpringvilleRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Springville’s census tracts, against the rest of the country; all of them together, relatively moderate. 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.
Springville home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Springville$503,058
- 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 Springville listings, and the typical home goes pending in 30 days — the market is cooling.
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.
- Springville34.45%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Springville30
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Springville149
New listings per month
Sellers arriving at the market.
- Springville44
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Springville$490,848
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Springville99.50%
Zip codes with a Springville address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Springville — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.