The typical owner-occupied home in Pine Valley is worth about $602,900, 23% above the Utah median of $489,400 and 81% above the national median of $332,700. Owners pay a median $2,217 a year in property taxes, about 0.37% of their home's value, lower than the Utah rate of 0.52%. The median household earns $104,286 a year, so the median home costs 5.8 times the median income (5.1 times for Utah). 100% of occupied homes here are lived in by their owners, and 37% of those owners still have a mortgage.
Pine Valley at a glance
| Pine Valley | Utah | U.S. | |
|---|---|---|---|
| Median home value | $602,900 | $489,400 | $332,700 |
| Median property tax paid per year | $2,217 | $2,525 | $3,119 |
| Property tax as a share of value | 0.37% | 0.52% | 0.94% |
| Median household income | $104,286 | $95,166 | $80,734 |
| Homes lived in by their owners | 100% | 70% | 65% |
| Owner homes with a mortgage | 37% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $1,533 | $2,009 | $1,963 |
| Those costs as a share of the owners' income | 27.4% | 20.5% | 21.0% |
| Median rent | – | $1,496 | $1,413 |
| Median year homes were built | 1992 | 1992 | 1980 |
| Vacant homes | 73.8% | 8.1% | 10.1% |
| Population | 355 | 3,392,331 | 334,922,499 |
What a typical home costs per month in Pine Valley
At this week's average 30-year rate of 7.11%, buying the median Pine Valley home of $602,900 with 20% down costs about $3,682 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,686, 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 $157,787 for the 20%-down payment. That payment is 42% of the median Pine Valley household income of $104,286; at that income and 20% down, the 28% guideline points to a home of about $398,000.
| Down payment | $120,580 |
|---|---|
| Loan amount | $482,320 |
| Principal and interest | $3,245 |
| Property taxes (0.37% a year) | $186 |
| Homeowners insurance (our estimate, 0.5% a year) | $251 |
| PMI | $0 |
| Total per month | $3,682 |
Change the numbers in the calculator
| Down payment | $21,102 |
|---|---|
| Loan amount | $591,980 |
| Principal and interest | $3,982 |
| Property taxes (0.37% a year) | $186 |
| Homeowners insurance (our estimate, 0.5% a year) | $251 |
| FHA mortgage insurance | $267 |
| Total per month | $4,686 |
Change the numbers in the calculator
Questions about home buying in Pine Valley
What is the median home value in Pine Valley?
About $602,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Pine Valley?
Homeowners pay a median $2,217 a year, which is about 0.37% 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 Pine Valley?
For the median home with 20% down at 7.11%, the payment is about $3,682 a month. Keeping that under 28% of gross income takes about $157,787 a year.
More about Pine Valley
- Mortgage Refinance in Pine Valley
- Debt Relief in Pine Valley
- Home Equity Loans in Pine Valley
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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