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Buying a home in Fountain Green, Utah

The typical owner-occupied home in Fountain Green is worth about $372,600, 24% below the Utah median of $489,400 and 12% above the national median of $332,700. Owners pay a median $1,426 a year in property taxes, about 0.38% of their home's value, lower than the Utah rate of 0.52%. The median household earns $73,017 a year, so the median home costs 5.1 times the median income (5.1 times for Utah). 91% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.

Fountain Green at a glance

Fountain Green Utah U.S.
Median home value $372,600 $489,400 $332,700
Median property tax paid per year $1,426 $2,525 $3,119
Property tax as a share of value 0.38% 0.52% 0.94%
Median household income $73,017 $95,166 $80,734
Homes lived in by their owners 91% 70% 65%
Owner homes with a mortgage 62% 69% 61%
Median monthly costs, owners with a mortgage $1,336 $2,009 $1,963
Those costs as a share of the owners' income 22.4% 20.5% 21.0%
Median rent $1,188 $1,496 $1,413
Rent as a share of renters' income 29.6% 28.9% 30.6%
Median year homes were built 1991 1992 1980
Vacant homes 6.1% 8.1% 10.1%
Population 1,521 3,392,331 334,922,499

What a typical home costs per month in Fountain Green

At this week's average 30-year rate of 7.11%, buying the median Fountain Green home of $372,600 with 20% down costs about $2,278 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,899, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $97,647 for the 20%-down payment. That payment is 37% of the median Fountain Green household income of $73,017; at that income and 20% down, the 28% guideline points to a home of about $279,000.

The median rent here is $1,188 a month, so owning the median home costs about $1,090 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$74,520
Loan amount$298,080
Principal and interest$2,005
Property taxes (0.38% a year)$118
Homeowners insurance (our estimate, 0.5% a year)$155
PMI$0
Total per month$2,278

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3.5% down, 30-year FHA loan
Down payment$13,041
Loan amount$365,851
Principal and interest$2,461
Property taxes (0.38% a year)$118
Homeowners insurance (our estimate, 0.5% a year)$155
FHA mortgage insurance$165
Total per month$2,899

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Questions about home buying in Fountain Green

What is the median home value in Fountain Green?

About $372,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Fountain Green?

Homeowners pay a median $1,426 a year, which is about 0.38% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Fountain Green?

For the median home with 20% down at 7.11%, the payment is about $2,278 a month. Keeping that under 28% of gross income takes about $97,647 a year.

More about Fountain Green

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data