Spanish Fork, UT — Momentum Score, Home Values & Best-For

All states·Utah·Spanish Fork

Utah County · Provo-Orem · population 47,809

Growing fast
Spanish Fork, UT
Image: Wikipedia · Spanish Fork, Utah
View watchlist →
69
Rising
Momentum score · 0–100

Where Spanish Fork stands

Population growing 2.9% per year.

Median home $519,443
1-year +1.8%
5-yr CAGR +4.4%
vs 5-yr peak -3.2%
Population +2.9%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2022-07$519k$231k$340k$449k$558k201620182020202220242026

Lifestyle scores

🚶
Walkability
32/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
22/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
87/100
Excellent for remote work
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.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,984/mo$1,686$1,918$2,15020242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent10411110020242026

Rent vs buy

Price-to-rent ratio: 21.8
Lean rent

At a 21.8 price-to-rent ratio, the math is starting to lean toward renting in Spanish Fork. Owner-occupier ROI requires longer holds and the assumption that prices keep appreciating roughly at the rate of rent.

How the momentum score breaks down

methodology →
Home YoY
59 · w22%
Home 5-yr CAGR
61 · w22%
Distance from peak
71 · w18%
Population growth
89 · w16%
Rent YoY
67 · w12%
Home 10-yr CAGR
79 · w10%
Long thesis

Spanish Fork has held up across the cycle: home values at $519,443 with +4.4% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Spanish Fork'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 Spanish Fork

Spanish Fork is a city in Utah County, Utah, with an estimated population of 47,809. It anchors the Provo-Orem metro area. The population has grown 2.9% per year on average between 2020 and 2024 — among the faster-growing communities in the state. The median home value in Spanish Fork is $519,443 as of 2026-04, up 1.8% over the last 12 months. Over the last five years, home values have averaged +4.4% annual growth (-3.2% from the 5-year peak). Rents in Spanish Fork average $1,984 per month, up 3.3% year-over-year. The composite momentum score is 69 of 100 (Rising). The market is healthy with prices supported by underlying demand.

Bull case

People are voting with their feet: population growing 2.9% per year since 2020 — that’s faster than ~80% of US cities.
The data is the data: Spanish Fork has at least 5 years of Zillow tracking, full Census identification, and is included in the 2-criteria momentum score on this page.

Bear case

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

About Spanish Fork (Wikipedia)

Spanish Fork is a city in Utah County, Utah, United States. It is part of the Provo–Orem metropolitan area. The 2020 census reported a population of 42,602. Spanish Fork is the 20th largest city in Utah based on official 2017 estimates from the US Census Bureau.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

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

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

Neighborhoods of Spanish Fork

2 tracked · ranked by median home value
1Lake Shore$1,069,774+10.4%
2Benjamin$1,035,912+17.3%

Cities like Spanish Fork

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 Spanish Fork listings on the major real-estate sites.

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

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

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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