The story of this market
The typical home in ZIP 84754 sells for about $440,000, or $225 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,350 a month.
ZIP 84754 — Monroe
The market in 84754 remains stable with low inventory and steady demand for rural residential properties. Prices have seen modest year-over-year growth, driven by limited supply rather than high transaction volume. Figures for specific metrics like months of supply are estimates based on current active listing counts relative to recent sales.
This ZIP is ideal for families and retirees seeking a quiet, rural lifestyle with access to outdoor recreation, as well as commuters working in the Richfield area.
Median prices moved up 2.5% year over year.
Homes spend a median of 68 days on market with 7.0 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 9.0% — 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 10.1%/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 6.5%/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 84754, 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.
Crime rates in Monroe are generally low, consistent with rural Sevier County trends and significantly below national averages.
Schools serving the area are part of the Sevier School District, which maintains a stable reputation for rural education standards.
The area faces moderate wildfire risk common to high-desert Utah environments; flood risks are localized to specific drainage areas near the mountains.
Economic momentum is driven by local agriculture, tourism, and regional services in nearby Richfield, with limited large-scale industrial development.
Property taxes are assessed by Sevier County based on fair market value; there are no local municipal income taxes, and agricultural exemptions are common for large parcels.
Commuting is primarily car-dependent, with most residents traveling to nearby Richfield for employment and major services via US-89.
The area is known for Monroe Canyon, Monroe Mountain, and the Monroe Hot Springs, offering extensive hiking, ATV trails, and outdoor recreation.
The rental market is tight with limited inventory, primarily consisting of single-family homes; there is minimal short-term rental saturation compared to major tourist hubs.
The economy is anchored by agriculture, public sector employment in Sevier County, and small-scale retail and service businesses.
Transportation is entirely reliant on private vehicles; there is no public transit infrastructure serving the area.
Development is largely restricted to low-density residential and agricultural use, with no major commercial projects currently in the pipeline.
The Sevier County Assessor manages property valuations, typically conducting periodic reappraisals to align with market trends.
Parcels are subject to Sevier School District taxes and various local water and fire protection district levies.
Property insurance premiums are stable but reflect the regional risk of wildfire and high-wind events.
Data retrieved from data.census.gov ZCTA-level tables.
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.
Popular local geothermal springs.
Provides access to extensive forest service trails and camping.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.