Market Overview
Home Prices in Spanish Valley, UT
The median home value in Spanish Valley, UT is $722,907 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.2% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Spanish Valley are priced76% above average.
Price History
Spanish Valley Home Price Trend
2022
$709,812
$710K
—
2023
$687,448
$687K
-3.2%
2024
$714,994
$715K
+4.0%
2025
$731,735
$732K
+2.3%
2026
$722,907
$723K
-1.2%
City Comparison
Spanish Valley vs. National Median
🏠 Spanish Valley
$722,907
National Median
$410,000
At $722,907, homes in Spanish Valley cost 76% above the national median of $410,000. Buyers in Spanish Valley should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Spanish Valley?
20% Down Payment
$144,581
on $722,907
Monthly P&I
$3,770/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,788/mo
incl. taxes & insurance
Income Needed
$191,520
gross annual (30% rule)
10% Down Option
$72,291
+ PMI applies
Loan Amount (20% dn)
$578,326
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 Spanish Valley, UT?
The median home value in Spanish Valley is $722,907 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.2% year-over-year.
How much have home prices changed in Spanish Valley?
Over the past year, home values in Spanish Valley have decreased by 1.2%.
How much do I need to earn to buy a home in Spanish Valley?
To comfortably afford the median home price of $722,907 with a 20% down payment ($144,581) at today's rates (6.8%), you'd need a gross annual income of approximately $191,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Spanish Valley compare to the national average home price?
The national median home value is approximately $410,000. At $722,907, homes in Spanish Valley are 76% above the national average.