Home Values in St. George, Utah — 2026 Market Report
Updated March 2026 | Balanced Market | +3% YoY
The median home value in St. George, Utah is $495,000 as of March 2026, which is above the national median of $400,000. Home values in St. George have increased by 3% over the past year and 15.9% over the last five years. With a population of 95,342 and a median household income of $55,250, the price-to-income ratio stands at 9.0x, making St. George affordable for the average household.
St. George Housing Market Conditions
| Metric | St. George | National Avg |
|---|---|---|
| Median Home Value | $495,000 | $400,000 |
| YoY Appreciation | +3% | +3.8% |
| 5-Year Appreciation | +15.9% | +22.4% |
| Price per Sq Ft | $207 | $222 |
| Days on Market | 40 days | 45 days |
| Months of Supply | 3.4 | 3.5 |
| List-to-Sale Ratio | 98.4% | 98.5% |
| Monthly Homes Sold | 53 | — |
| Foreclosure Rate | 0.43% | 0.3% |
Home Value Trends in St. George
A homeowner who purchased at the median price of $427,092 five years ago in St. George would have gained approximately $67,908 in equity, representing a 15.9% return on investment. Over the past year alone, the typical homeowner gained $14,417 in home equity.
Affordability in St. George, UT
With a median household income of $55,250 and a median home price of $495,000, the price-to-income ratio in St. George is 9.0x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $2,488 compared to estimated monthly ownership costs of $2,590 gives a rent-vs-buy ratio of 1.04. In St. George, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in St. George
The effective property tax rate in Utah is 0.58%. On a home valued at $495,000, the estimated annual property tax bill is $2,871, or approximately $239/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in St. George is 100.5 (100 = national average), indicating living costs are near the national average.
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Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in St. George, UT?
The median home value in St. George, Utah is $495,000 as of March 2026. Home values have changed +3% over the past year, with a 5-year appreciation of 15.9%.
Is St. George a buyer's or seller's market?
St. George is currently a balanced market with 3.4 months of housing supply. Homes spend an average of 40 days on market, and the list-to-sale price ratio is 98.4%. Supply and demand are relatively balanced.
Are home values going up in St. George?
Yes, home values in St. George have increased by 3% over the past year. The 5-year appreciation rate is 15.9%, meaning a home worth $427,092 five years ago is now worth $495,000.
Is it better to rent or buy in St. George?
The average monthly rent in St. George is $2,488, while estimated monthly homeownership costs are approximately $2,590. The price-to-rent ratio is 16.6. Based on current conditions, buying may be more cost-effective than renting in this market.
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Disclaimer: Home value data for St. George, Utah is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.