Market Overview
Home Prices in Mona, UT
The median home value in Mona, UT is $595,752 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.6% compared to a year ago and up 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mona are priced45% above average. Mona is part of the Provo-Orem, UT metro area.
Over the past five years, Mona home values have risen by approximately26.4%, reflecting strong long-term appreciation in this market.
Price History
Mona Home Price Trend
2020
$383,963
$384K
—
2021
$471,357
$471K
+22.8%
2022
$571,271
$571K
+21.2%
2023
$527,151
$527K
-7.7%
2024
$544,634
$545K
+3.3%
2025
$563,960
$564K
+3.5%
2026
$595,752
$596K
+5.6%
City Comparison
Mona vs. National Median
🏠 Mona
$595,752
National Median
$410,000
At $595,752, homes in Mona cost 45% above the national median of $410,000. Buyers in Mona should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Mona?
20% Down Payment
$119,150
on $595,752
Monthly P&I
$3,107/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,946/mo
incl. taxes & insurance
Income Needed
$157,840
gross annual (30% rule)
10% Down Option
$59,575
+ PMI applies
Loan Amount (20% dn)
$476,602
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Mona, UT?
The median home value in Mona is $595,752 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.6% year-over-year.
How much have home prices changed in Mona?
Over the past year, home values in Mona have increased by 5.6%. Over five years, prices have risen approximately 26.4%.
How much do I need to earn to buy a home in Mona?
To comfortably afford the median home price of $595,752 with a 20% down payment ($119,150) at today's rates (6.8%), you'd need a gross annual income of approximately $157,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Mona compare to the national average home price?
The national median home value is approximately $410,000. At $595,752, homes in Mona are 45% above the national average.
What metro area is Mona part of?
Mona is part of the Provo-Orem, UT metropolitan area. Home prices and market conditions can vary across the broader metro region.