Home prices
The value of the median home in Ephraim is $219,000. This is approximately $51,020 (30%) higher compared to the surrounding areas.It is is very similar compared to the rest of the nation, and compared to the city of Provo it is about $52,300 (19%) lower.
Rents
In Ephraim the median rent is $701 a month. This is approximately $75 (9%) lower compared to nearby areas.It is roughly $361 (33%) lower compared to the nation as a whole, and compared to the city of Provo it is about $176 (20%) lower.
Nearby places
Manti
Manti is about 6 miles south from Ephraim. The housing prices there are somewhat less expensive. The cost of the median home in Manti is $168,400, which comes out to $50,600 (30%) lower than Ephraim. Rent there is a bit more expensive. The median rent in Manti is $754 per month, which comes out to $53 (7%) higher than Ephraim.
Spring City
Spring City is approximately 9 miles northeast from Ephraim. Housing prices there are a bit less expensive. The median home in Spring City costs $198,000, which is $21,000 (10%) lower than Ephraim. Rents there are a little more expensive. Spring City's median monthly rent is $881, which works out to $180 (20%) higher than Ephraim.
Moroni
Moroni is roughly 11 miles north from Ephraim. The housing prices there are significantly less expensive. The value of the median home in Moroni is $162,700, which works out to $56,300 (34%) lower than Ephraim. Rent there is somewhat less expensive. Moroni's median monthly rent is $658, which is $43 (6%) lower than Ephraim.
Mount Pleasant
Mount Pleasant is approximately 13 miles northeast of Ephraim. The housing prices there are a bit less expensive. The price of the median home in Mount Pleasant is $167,000, which comes out to $52,000 (31%) lower than Ephraim. The rent there is a bit more expensive. In Mount Pleasant the median monthly rent is $914, which is $213 (23%) higher than Ephraim.
Fayette
Fayette is about 15 miles southwest from Ephraim. Real estate prices there are substantially less expensive. Fayette's median home cost is $143,800, which works out to $75,200 (52%) lower than Ephraim. Rents there are fairly similar. Fayette's median rent is $675 a month, which is $26 (3%) lower than Ephraim.