Commercial Real Estate Market in Heber City, UT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
192 active listings and 54 off-market properties in Heber City, UT. Commercial property asks $355/SF to buy and $24.10/SF/Yr to lease.
Market Trends
Heber City, UT spans 328.5 square miles in Wasatch County, Utah. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Heber City, UT runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Heber City, UT runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Heber City, UT runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Heber City, UT runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Market overview
Demographics & Economy
Heber City, UT has 24,766 residents in 9,929 households. Density runs 75 people per square mile. Median household income here is $101,365 and median gross rent $1,830 a month.
24,766
Population
9,929
Households
2.5
Avg Household Size
33
Median Age
43%
College-Educated
95%
High-School Grad
328.5 sq mi
ZIP Area
75
Density / Sq Mi
$101,365
Median Household Income
$42,692
Median Earnings
$1,830
Median Rent
$647,900
Median Home Value
Tools
Nearby Markets
Commercial property in Heber City, UT asks $355/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Heber City?
Commercial property in Heber City, UT asks an average of $355 per square foot.
How much does it cost to lease commercial space in Heber City?
Asking lease rates in Heber City, UT average $24.10 per square foot per year.
Where does Realmo's Heber City market data come from?
Realmo compiles Heber City, UT figures from 172 active sale listings, 20 active lease listings, 54 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 172 active for-sale and 20 active for-lease listings in Heber City, UT. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
