The story of this market
The typical home in ZIP 84701 sells for about $419,000, or $165 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 69 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,350 a month.
ZIP 84701 — Richfield
The housing market in 84701 remains stable with moderate price appreciation and limited inventory. Demand is driven by local employment and families seeking affordability, though the market is not experiencing the rapid volatility seen in larger urban centers.
This ZIP is well-suited for families and individuals seeking a quiet, small-town lifestyle with access to outdoor recreation and a lower cost of living compared to larger Utah metros.
Median prices moved up 2.1% year over year.
Homes spend a median of 69 days on market with 5.2 months of supply — a balanced-paced market.
13% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 11.2% — 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 10.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 84701, Sevier 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.
Richfield generally experiences low crime rates compared to national averages, with property crime being the primary concern in the region.
Schools in the Sevier School District are generally well-regarded, providing a stable educational environment for the local community.
The area is subject to standard regional risks including wildfire potential in surrounding rural lands and occasional flash flooding in low-lying areas.
Economic momentum is driven by agriculture, regional retail, and government services, with steady but modest development activity.
Property taxes are assessed by Sevier County based on fair market value, with rates determined by local school district and municipal levies.
Commuting is primarily local within the Richfield area, with I-70 serving as the main corridor for regional travel.
The area offers access to Fishlake National Forest, local city parks, and proximity to outdoor recreation including hiking, fishing, and ATV trails.
The rental market is characterized by limited inventory and steady demand from local workers and families, with moderate rent growth.
The economy is anchored by the public sector, regional healthcare, and agricultural support services.
Transportation is heavily reliant on private vehicles, with I-70 providing the primary link to other parts of Utah.
Development is focused on small-scale residential subdivisions and commercial support for the local agricultural industry.
Sevier County Assessor maintains property valuations based on annual market analysis and state-mandated assessment cycles.
Parcels are subject to Sevier School District and local municipal utility service districts.
Property insurance premiums are generally stable, though wildfire risk in surrounding areas influences coverage availability.
Data retrieved from data.census.gov ZCTA 84701 profile.
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.
Extensive public lands for hiking, camping, and fishing.
Central community space for local events and recreation.
Regional venue for sports, concerts, and community gatherings.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.