Nephi, UT Housing Market

$442,360

4.0% 1-yr

The average Nephi, UT home value is $442,360, up 4.0% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Nephi Key Takeaways

Typical Home Values: $442,360

1-year Value Change: +4.0%

(Data through September 30, 2025)

Nephi Housing Market Overview

--1-year Market Forecast

54For sale inventory(September 30, 2025)

10New listings(September 30, 2025)

--Median sale to list ratio

--Median sale price(August 31, 2025)

$523,933Median list price(September 30, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Nephi

NameMedian ZHVI
Benjamin$1,006,954
Lake Shore$1,073,802
Palmyra--
Lakewood$468,394
Provo Bay$485,234
Sunset$497,147
Spring Creek$364,884
East Bay--
Franklin South$344,992

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Nephi Homes for Sale

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Nephi Rental Market Trends

--Average rent in Nephi

$1,979National average rent(September 30, 2025)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.