The story of this market
The typical home in ZIP 84648 sells for about $459,775, or $266 per square foot.
Prices are up +5.3% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,325 a month.
ZIP 84648 — Nephi
The 84648 market shows resilience with a 5.3% year-over-year price increase and a healthy sale-to-list ratio of 99.5%. While 36% of listings have seen price cuts, indicating some buyer resistance, the low inventory of 40 homes keeps the market competitive. Overall, the area remains a stable, family-oriented market driven by its affordability relative to the northern Wasatch Front.
This ZIP is well-suited for families and commuters seeking a more affordable, rural lifestyle while maintaining access to the Provo metro area.
Median prices moved up 5.3% year over year.
Homes spend a median of 48 days on market with 0.6 months of supply — a fast-moving market.
36% of listings have cut prices · homes sell at 99.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 8.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 84648, Juab County UT
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Schools in the Nephi area are generally characterized by stable performance within the Juab School District.
The area faces standard regional risks for wildfire and wind; insurance availability remains consistent with broader Utah rural-market trends.
Nephi serves as a regional hub with steady development momentum driven by local agricultural, manufacturing, and service-sector employment.
Property taxes are assessed by Juab County based on fair market value; the rate structure includes standard state and local school district levies.
Commuting primarily involves I-15 access toward the Provo/Orem employment core, typically requiring a 45-60 minute drive.
The area offers access to Mount Nebo, local city parks, and proximity to outdoor recreation including hiking, fishing, and off-roading.
The rental market is characterized by limited inventory and moderate demand, with pricing influenced by the broader Utah County rental trends.
The local economy is anchored by manufacturing, agriculture, and regional retail services.
I-15 is the primary transit corridor connecting the area to the northern Wasatch Front.
Development is primarily focused on residential expansion to accommodate regional population growth.
The Juab County Assessor maintains property valuations based on annual market analysis.
Parcels are served by the Juab School District and local municipal utility providers.
Property insurance premiums are stable, reflecting the area's moderate risk profile.
Data retrieved from census.gov ZCTA 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.
Prominent mountain peak offering extensive hiking and outdoor recreation.
Central community space for local events and recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.