Market Snapshot
Parowan, Iron County, UT is a city market with a median home price of $378,486, a median monthly rent of $1,119, a GRM of 28.0x, and a price-to-rent ratio of 28.2.
Parowan, Iron County, UT
Median Home Price Price
$378,486 $378.5K
Median Monthly Rent Rent
$1,119 $1.1K
28.0x
Home price / annual rentLog in to save this market to your dashboard.
Comparable Markets
Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.
Within Iron
No same-county alternatives are available for this market yet.
Within UT
Investment mode
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High confidence
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High confidence
Price
$131.4K
Rent
$1.1K
GRM
10.0x
Explore the data
No similar markets found for this scope.
These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.
Home prices
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Monthly rent
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GRM = home price / annual rent
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Region
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Home prices
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Monthly rent
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GRM = home price / annual rent
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Region
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These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.
Home prices
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Monthly rent
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GRM = home price / annual rent
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Similar markets map
Parowan
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Benchmark comparison
Rent in Parowan, UT is 2.5% higher than Henefer, UT.
Compare to
Henefer, UT
Parowan, UT
Henefer, UT
Delta
Median rent
$1,119
$1,092
-$27
Median price
$378,486
$556,323
+$177,837
YoY change
+$49
+$50
+$1
Price-to-rent
28.2x
42.5x
+14.3x
Key takeaways
- Parowan, Iron County, UT has a higher-grm screening profile: At 28.0x GRM, current rent may provide less support for the purchase price.
- Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
- Rent momentum is positive, with median rent up about $49 year over year.
- Rent in Parowan, UT is 2.5% higher than Henefer, UT.