Housing in Nephi, UT

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$434,999

Median List Price

$435,000

Price Per Sq Ft

$168

Days on Market

128

Active Inventory

31

Months of Supply

10.3

Buyer's market

Zillow Home Value

$447,837

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 6.4%List Price 11.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

33.3%

Off Market in 2 Weeks

20.0%

Sale-to-List Ratio

100.0%

Seller's market

Sold Above Asking
33.3%
Under Contract in 2 Wks
20.0%
Listings with Price Drops
41.9%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

7

Pending Sales

5

Homes Sold 25.0%New Listings 0.0%Pending 58.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$168

Median List $/SF

$159

Sale $/SF 6.3%List $/SF 6.0%Mar 24Jan 26

Nephi vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Nephi is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$379,800

Median Rent

$1,010

Total Housing Units

2,114

Vacancy Rate

3.3%

Owner Occupied

75.1%

Renter Occupied

24.9%

Median Property Tax

$1,838

per year

Monthly Cost (w/ Mortgage)

$1,311

Housing Types

Single Family
89.4%
Multi-Family
10.2%
Mobile Home
0.4%

The current median sale price in Nephi, UT is $434,999 according to Redfin data. Homes spend a median of 128 days on the market. 33.3% of homes sold above asking price. The market has 10.3 months of supply. The median price per square foot is $168. The median rent is $1,010 per month (Census ACS). About 75.1% of housing units are owner-occupied. The median year homes were built is 1981. There are 2,114 total housing units.