Real Estate Investing in Grantsville, Utah (84029)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 84029 (Grantsville, UT)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.1% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 46.4 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Grantsville, UT (84029)?
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Market Analysis: 84029 Grantsville
Investors eyeing 84029 need to respect the fundamentals at play. Home values of $547K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 84029 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 84029 among UT's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 84029 includes headwinds that any investor should price in. Income distribution skews lower than Grantsville averages, and tenant stability requires active management.
The right play in 84029 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Grantsville:
Market Trends
Home Value History (with trend line)
📊 How Does 84029 Compare?
| Metric | 84029 | Grantsville | Salt Lake City, UT | Utah |
|---|---|---|---|---|
| Home Value | $546,519 | $546,519 | N/A | $530,173 |
| 5-Year CAGR | 4.3% | 4.3% | N/A | 7.0% |
| Avg Rent | $981 | $981 | N/A | - |
| Cap Rate | 1.4% | 1.4% | - | - |
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 84029 (Grantsville, UT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $546,519 |
| Monthly Rent | $981 |
| Price-to-Rent | 46.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.2% |
| Cap Rate | 1.4% |
| 5-Year IRR | 5.7% |
📈 Home Appreciation
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | +3.2% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 84029
Population: 14,159
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 84029
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
How strong is the working-renter base in Grantsville, UT?
Tenant demand in Grantsville, UT is solid. The local workforce $981/mo rents across most rental classes.
Is Grantsville in UT worth investing in?
Our data puts Grantsville, UT at 3.0/5 for investability. Home prices of $547K and rents around $981/mo create a solid backdrop for investor activity.
What is the average home sale price in Grantsville, UT?
Expect median prices around $547K in Grantsville, UT. The market has run at a 0.0% 5-year CAGR, so entry costs have been consistent.
Where do rents currently stand in Grantsville, UT?
The typical rental in Grantsville, UT commands about $981/mo monthly. That rent profile measured cash flow against the $547K purchase basis.
What is it like being a landlord in Grantsville, UT?
UT ranks as a landlord-friendly state for landlord-tenant law. Grantsville generally follows the statewide framework, so landlords face reasonable operating rules.
You know 84029 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 84029 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 84029 ranks in Salt Lake City, UT
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