Iron County Housing Market
Iron County's housing market centers on Cedar City, the county seat and home to Southern Utah University. With a median home price around $370,000, the county is significantly more affordable than the Wasatch Front. Cedar City accounts for the majority of housing inventory, while smaller communities like Enoch, Parowan, and Kanarraville offer rural living at even lower price points.
The county's economy is driven by SUU, tourism (including the Utah Shakespeare Festival, Brian Head Resort, and proximity to national parks), and healthcare. New construction activity has grown in Cedar City's west side as the university and tourism industries expand.
Down Payment Assistance for Iron County Buyers
Utah Housing Corporation's statewide DPA programs are available to eligible buyers in Iron County. These programs pair a first mortgage with a grant or low-interest second mortgage to cover your down payment and closing costs. Income limits and purchase price caps apply. Many areas in Iron County also qualify for USDA zero-down financing — check current USDA eligibility maps for details.
Cities We Serve in Iron County
Loan Programs Available in Iron County
FHA Loans
3.5% down, credit scores from 580+
Conventional Loans
As low as 3% down, competitive rates
VA Loans
Zero down for veterans & military
USDA Loans
Zero down in eligible rural areas
Down Payment Assistance
Grants & programs to reduce costs
Utah Housing Programs
State-sponsored loans & DPA
First-Time Buyer Programs
Special programs for new buyers
Your Iron County Mortgage Lender
Felix Vivanco is a licensed mortgage loan officer (NMLS #2002977) who serves homebuyers across Iron County. With over six years of experience and more than 100 five-star Google reviews, Felix helps buyers navigate FHA, VA, USDA, and conventional loans, as well as down payment assistance programs. He is bilingual in English and Spanish.
Learn more about Felix Vivanco →
Frequently Asked Questions
What types of mortgage loans are available in Iron County?
Iron County borrowers can access FHA loans (3.5% down), conventional loans (as low as 3% down), VA loans for veterans and active military (zero down), and USDA loans for eligible rural areas (zero down). Many parts of Iron County qualify for USDA financing.
Is Iron County eligible for USDA loans?
Many areas in Iron County may qualify for USDA financing, which offers zero-down-payment loans for eligible buyers. Check current USDA eligibility maps for the most up-to-date boundary information, as eligible areas can change.
Are there down payment assistance programs in Iron County?
Utah Housing Corporation offers statewide down payment assistance programs available to Iron County buyers, including first-mortgage loans paired with DPA grants or second mortgages. Income and purchase price limits apply.
What is the median home price in Iron County?
The median home price in Iron County is approximately $370,000, making it one of the more affordable markets in Utah. Cedar City is the primary population center with the most housing inventory.
Can I buy a home in Cedar City with an FHA loan?
Yes. FHA loans are available throughout Iron County including Cedar City. FHA requires a minimum 3.5% down payment with a credit score of 580 or higher, and the property must meet FHA appraisal standards.
Ready to Buy a Home in Iron County?
Get pre-approved or schedule a free consultation with Felix Vivanco.