Nephi, UT — Momentum Score, Home Values & Best-For

Juab County · Provo-Orem · population 7,326

Growing fastSmall-town feel
View watchlist →
79
Hot
Momentum score · 0–100

Where Nephi stands

At or near all-time high. home values up 4.8% in the last year. population growing 3.3% per year.

Median home $453,897
1-year +4.8%
5-yr CAGR +5.0%
vs 5-yr peak -0.4%
Population +3.3%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-03$454k$183k$280k$377k$474k201620182020202220242026

Lifestyle scores

🚶
Walkability
25/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
10/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
63/100
Workable for remote workers
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

How the momentum score breaks down

methodology →
Home YoY
74 · w22%
Home 5-yr CAGR
65 · w22%
Distance from peak
88 · w18%
Population growth
90 · w16%
Home 10-yr CAGR
84 · w10%
Long thesis

Nephi has been growing population at 3.3% per year while home values compounded +5.0% annually. Demand-driven appreciation — the kind that persists as long as people keep showing up, which they currently are.

Short thesis

Nephi's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Nephi

Nephi is a city in Juab County, Utah, with an estimated population of 7,326. It anchors the Provo-Orem metro area. The population has grown 3.3% per year on average between 2020 and 2024 — among the faster-growing communities in the state. The median home value in Nephi is $453,897 as of 2026-04, up 4.8% over the last 12 months. Over the last five years, home values have averaged +5.0% annual growth, with prices at or near the 5-year peak. The composite momentum score is 79 of 100 (Hot). Buyers should expect competition and limited negotiation room in this market.

Bull case

People are voting with their feet: population growing 3.3% per year since 2020 — that’s faster than ~80% of US cities.
Healthy 5-year run: +5.0% annualized over 5 years, outpacing US inflation.
Quiet strength: +4.8% over the trailing year — not a melt-up, but the market is bid.
Held the highs: currently -0.4% from the 5-year peak — this market refused to give back gains.

Bear case

Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

Playbook

Buyer

Expect competition, escalation clauses, and pressure to waive inspections. Make your strongest offer up front — Hot markets reward decisiveness, not negotiation. If you can't write a clean offer, you may not be the best fit for this market right now.

Seller

Price slightly above recent comps and let multiple offers work. Days-on-market should be short. Don't accept the first offer in the first 48 hours unless it's significantly above ask.

Investor

Cap rates will look ugly in a Hot market — your thesis has to be appreciation, not yield. Don't expect cash flow; expect to ride the trend and exit before it stalls.

Local safety & alerts

No active National Weather Service alerts for Juab County right now.

Public-safety links are official .gov sources, not curated by us. Juab County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like Nephi

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
36° / 20°
avg high / low
Summer (Jul)
92° / 64°
avg high / low
Sunny days/yr
226
~62% of year
Annual precip
12″ rain
53″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
Very low
Wildfire
High
Earthquake
Moderate
Flood
Low

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Nephi listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local sports teams

Major professional teams the Provo-Orem area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Local economy & environment

Humidity
51%
Dry climate
Median household income
$89,100
Utah state median
Top industries (state-level)
Tech (SL Valley)HealthcareTourism

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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