The story of this market
The typical home in ZIP 84627 sells for about $436,500, or $195 per square foot.
Prices are down 12.5% from a year ago, which gives buyers more room to negotiate. Homes take about 83 days to sell, which is slow.
ZIP 84627 — Ephraim
The 84627 housing market is characterized by a small inventory of homes and a price correction over the last two years, with the median list price currently at $436,500. Market activity is heavily influenced by the presence of Snow College, which drives rental demand and local economic stability. Figures for closed sales and specific tax rates are not fully published at the ZIP level, reflecting a niche, low-volume market.
This ZIP is primarily suited for students, faculty, and staff associated with Snow College, as well as local families seeking a small-town environment in the Sanpete Valley.
Median prices moved down 12.5% year over year.
Homes spend a median of 83 days on market with 9.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 15.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical -6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 84627, Sanpete County, UT
The area is served by the South Sanpete School District, which provides public education for the Ephraim community.
The local economy is anchored by Snow College, which serves as a primary employer and driver of development in the Ephraim area.
Property taxes are assessed at the county level in Sanpete County; specific district rates vary based on local school and municipal levies.
Commuting is primarily local within the Sanpete Valley, with limited transit options requiring personal vehicle use for regional travel.
The area offers access to outdoor recreation in the Manti-La Sal National Forest and local parks within Ephraim, including proximity to Snow College athletic facilities.
The rental market is heavily influenced by the student population of Snow College, resulting in high turnover and specific demand for affordable housing units.
The economy is centered on education, agriculture, and local services, with Snow College serving as the primary economic engine.
Transportation is dominated by highway access via US-89, which serves as the main corridor through the Sanpete Valley.
Development is largely focused on supporting the growth of Snow College and associated student housing needs.
The Sanpete County Assessor manages property valuations for tax purposes.
Parcels are subject to South Sanpete School District levies and local municipal utility assessments.
Data retrieved from US Census Bureau ZCTA 84627 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
The primary educational and cultural anchor for the city of Ephraim.
Provides extensive hiking, camping, and outdoor access nearby.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.