Counties / Utah / Sevier County

Sevier County, UT

FIPS 49041 · population 22,085 · outside every metro area

$338k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$338k
▲ 4.5% year over year
Zillow ZHVI · direct
ACS median gross rent
$912
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$1,085
the Section 8 payment standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+56.7%not annualized · through 2025
0%ZILLOW ZHVI2026-06+4.5%FHFA HPI2025+0.8%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$311k
Surveyed gross rent$912
Rent burden 30%+40.8%
Median year built1977
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
15.0%vacant
8,831estimated housing units
Occupied tenure22.2% renter
owner 77.8%renter 22.2%
Structure mix79.7% single-family
Single-family 79.7%20+ units 1.0%Mobile home 8.3%Other 11.1%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs9,964▲ 0.4% from the prior annual release
Covered establishments820annual average reporting locations
Average weekly wage$956▲ 4.1% from the prior annual release
Largest private supersectorTrade, transportation, and utilities36.7% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+0.4%WEEKLY WAGE+4.1%Trade, transportation, and utilities36.7%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Sevier County’s tension is a rising value signal with weak cross-source confirmation and no published market rent. Zillow’s county median home value was $338,286 in June 2026, up 4.54% year over year; FHFA’s 2025 repeat-transaction HPI rose 0.83%. Both point upward, but use different methods and labeled periods. FHFA is an index, not a home value, and the changes cannot be averaged. Investors able to verify property income and sales can investigate; income-dependent buyers should be cautious.

02Housing economics

Market rent is not published, so gross yield cannot be computed. HUD’s $1,085 two-bedroom FMR is a payment standard, not asking rent, and cannot substitute in a yield calculation. The effective property-tax rate is 0.54%, with $1,683 median annual tax; neither fixes tax for a particular acquisition. Obtain an actual tax bill, insurance quote, utilities and maintenance assumptions before comparing purchase economics.

03Demand & competition

Realtor.com MLS evidence shows 87 active listings, down 24.68% year over year, while median listing price rose 20.23%. Listings had a 73-day median marketing time and 14.95% carried price reductions. These are asking-price, visible-supply, marketing-time and seller-concession measures—not closed-sale values or standalone proof of buyer demand. Tax-return migration was net positive and incoming movers had higher average income than outgoing movers, supportive context rather than a tenant-demand measure. Investors accounted for 4.31% of the 255 reported purchases, limiting evidence that non-occupant buyers are the main competitive force.

04Risk & next checks

Inland flood is the dominant hazard; modeled annual building-value loss is 0.15%, an aggregate model rather than a parcel loss estimate. QCEW describes annual covered employment at county workplaces, not resident employment or unemployment. Trade, transportation, and utilities is the largest disclosed private supersector, not the whole economy. Employer, lease, flood-zone, insurance, replacement-cost and comparable-rent checks are missing, preventing defensible yield, debt-service coverage, resale-value and hazard-cost conclusions.

Cities & communities

Where people live within Sevier County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Richfield city8.2KMonroe city2.6KSalina city2.5KAurora city949Central Valley town767Redmond town767Elsinore town750Annabella town701
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

12 Census places

Population
  1. 01
    Richfield cityIncorporated place
    8,224
  2. 02
    Monroe cityIncorporated place
    2,616
  3. 03
    Salina cityIncorporated place
    2,546
  4. 04
    Aurora cityIncorporated place
    949
  5. 05
    Central Valley townIncorporated place
    767
  6. 06
    Redmond townIncorporated place
    767
  7. 07
    Elsinore townIncorporated place
    750
  8. 08
    Annabella townIncorporated place
    701
  9. 09
    Glenwood townIncorporated place
    673
  10. 10
    Joseph townIncorporated place
    559
  11. 11
    Sigurd townIncorporated place
    444
  12. 12
    Koosharem townIncorporated place
    298

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.150% of building value expected lost per year

Effective property tax0.54%

$1,683 median annual bill

02
DemandIRS SOI household flows
Net migration+39

504 in · 465 out

Arriving vs leaving income+$6,163

$52,911 arriving · $46,748 leaving

03
CompetitionHMDA financed purchases
Purchases by investors4.3%

11 of 255 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings87▼ 24.7% year over year
Median days on market73▲ 1.4% year over year
Listings price-reduced14.9%seller-concession signal
Median listing pricen/a▲ 20.2% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; no wider market is mapped for it either.
Bear case

What can break the county thesis

  1. Property-level rents, vacancy and operating costs may not support acquisition economics.
  2. Flood-zone exposure and insurance costs may differ materially from the county aggregate modeled loss.
  3. Listing-market metrics may not translate into closed-sale pricing or liquidity.
Underwriting questions

Before pricing a property

Can gross yield be calculated from this record?

No. Market rent is not published, and HUD FMR cannot be used as market rent.

Does FHFA HPI provide an estimated county home value?

No. It is a repeat-transaction appreciation index, not a dollar home-value estimate.

Does the record establish investors as the primary buyer competition?

No. The reported investor share is small relative to total purchases.