Timber Lakes, UT · Market Data

Timber Lakes, Utah real estate market data.

Real estate market data for Timber Lakes, UT (Wasatch County) — Census median home value $515,400, county listing prices up about 3.4% over the past year.

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Timber Lakes, UT is in Wasatch County, Utah — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 966, with a median household income of $49,435. Census data puts Timber Lakes's median home value at $515,400.

At a glance

Timber Lakes market snapshot

Population

966

Median Household Income

$49,435

Median Home Value (city)

$515,400

Median Gross Rent

$-666,666,666/mo

Price Trend (YoY)

+3.4%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Timber Lakes

What makes Timber Lakes different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Timber Lakes's median home value — across all owner-occupied homes, not just recent sales — at $515,400.

County Price Trend

Wasatch County's FHFA house price index shows a 3.37% annual change in 2025.

Population & Income

Timber Lakes has an estimated population of 966 and a median household income of $49,435, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Timber Lakes's Census-reported median home value works out to about 10.4x the area's median household income, and median gross rent runs roughly -16182866% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Timber Lakes FAQ

What are home values like in Timber Lakes, UT?

The Census Bureau's American Community Survey puts Timber Lakes's median home value at $515,400.

What is the population of Timber Lakes, UT?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Timber Lakes's population at approximately 966.

What's the median rent in Timber Lakes, UT?

The Census ACS estimates median gross rent in Timber Lakes at approximately $-666,666,666 per month.

What is the median household income in Timber Lakes, UT?

Census ACS data puts the median household income in Timber Lakes at approximately $49,435.

Is the Timber Lakes housing market growing?

Wasatch County's FHFA house price index shows a 3.37% annual change in 2025.

Is Timber Lakes, UT affordable relative to income?

Census ACS data puts Timber Lakes's median home value at about 10.4 times the median household income, with median gross rent equal to roughly -16182866% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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