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Parowan Valley, Parowan, UT, 84761

--beds
--baths
--sqft
$22,500
--price/sqft
$296/moest. monthly cost
$11,840/yrincome needed

About This Home

Parowan Valley Water Rights. 8.5 Acre ft Available. Will sell single or multiple units. 1925 Priority date.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

5/10
Parowan SchoolGrades K-62.7 mi
6/10
Parowan High SchoolGrades 7-122.7 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Earthquake
    EarthquakeRelatively High
  • Landslide
    LandslideRelatively High
  • Wildfire
    WildfireRelatively High
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Earthquake
Landslide
Wildfire
Drought
Inland Flooding

FEMA Declared Disasters Across Utah Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $113$1,356
Home Insurance $6$72
Property Taxes $8$96
Electricity $169$2,039
Total$296$3,552

Income You'd Need if You Spent...

35% on housing$10,148/yr
40% on housing$8,880/yr
45% on housing$7,893/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.6%
12.6%
0%30.0%
Electricity Growth Rate10-year average: 0.9%
0.9%
0%15.0%
Property Taxes Growth Rate2-year average: 4.7%
4.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 84761$121
Iron County$149

vs Homes Sold Last Month

Median $/sqft

ZIP 84761$260
Iron County$275

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-07-22Listed for sale$22,500

For Sale by Agent

AgentCindy K Smith
BrokerageCS Real Estate Group, PLLC

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