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Palmyra, UT Home Values and Rents
The median home value in Palmyra is $687,500.
- Median home value
- $687,500
- ACS 2020-2024
- Price change, 1 year
- +2.8%
- County index, 2025
- Homeownership
- 71.6%
- UT: 70.2%
Home sale prices in the Provo-Orem-Lehi, UT area
Zillow median sale price, Sep 2026
$506,303-0.7% from a year earlier
Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.
Utah County home price trend
FHFA annual House Price Index for Utah County, 2000 = 100, compared with Utah
Show as a table
| Period | Utah County |
|---|---|
| 2025 | 310 |
| 2024 | 301 |
| 2023 | 290 |
| 2022 | 290 |
| 2021 | 241 |
| 2020 | 202 |
| 2019 | 192 |
| 2018 | 179 |
| 2017 | 165 |
| 2016 | 152 |
| 2015 | 141 |
| 2014 | 134 |
| 2013 | 124 |
| 2012 | 115 |
| 2011 | 113 |
Beta
Over five years, Utah County prices changed +53.6%, compared with +24.0% for Utah.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
Share:
Fair Market Rents, FY2027
HUD rent standard for Provo-Orem-Lehi, UT MSA
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $1,186 | -5.6% |
| 1 bedroom | $1,192 | -5.8% |
| 2 bedrooms | $1,363 | -6.6% |
| 3 bedrooms | $1,887 | -7.1% |
| 4 bedrooms | $2,278 | -7.0% |
Frequently asked questions
- What is the median home value in Palmyra, UT?
- The median home value in Palmyra is $687,500, based on the American Community Survey 2020-2024 5-year estimates. The Utah median is $489,400.
- Are home prices going up in Palmyra?
- Home prices in Utah County changed +2.8% over one year and +53.6% over five years, as of 2025.