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Elk Ridge

Elk Ridge

Located in Utah County

$724,826 Average Value
$215 Average Price per Sq Ft
46 Homes For Sale

High-elevation homes and mountain views in Elk Ridge

Elk Ridge is a mountainous retreat from city life, named for the herds of winter elk that migrate to its high-elevation landscape. Surrounded by snow-capped peaks and panoramic views, this community features large 21st-century homes close to nature parks, a scenic golf course and nearby cities. "Elk Ridge is an awesome bedroom community tucked away with beautiful mountain views," says Zach Morrell, Realtor at Arrive Homes, who grew up in Elk Ridge and lived there for over 15 years before working on its real estate development. "Many families live there, and people care about each other. When I was growing up, the neighbors we had were awesome people, and growing up there was an awesome experience."

Spacious homes built for large families and active lifestyles

The hills provide different views of the Wasatch Mountains, as roads climb in elevation alongside young maple trees and well-maintained lawns. Elk Ridge primarily features New Traditional and contemporary homes built in the 21st century. Homes in Elk Ridge rarely come on the market. According to a Homes.com figure based on estimated data, the average home value was around $705,000 in late 2025. The average home size is over 4,000 square feet, significantly larger than the national average of about 1,900 square feet. "People have bigger homes because they have a lot of kids. When I lived there, everyone would go outside and play these massive night games," Morrell says. "Our neighbors were great people who were very community-focused."

Due to the area's steep terrain and vegetation, Utah County has experienced wildfires, and summer temperatures can exceed 100°F. While significant seismic events are rare, earthquakes occasionally occur because Elk Ridge is also close to the Intermountain Seismic Belt, which can lead to landslides and other events.

Commuting to Provo and Salt Lake City

While removed from Interstate 15 traffic, Elk Ridge has easy access to larger cities, particularly due to the Loafter Mountain Parkway, completed in 2023. "They have improved the transportation access by creating a direct shot to the freeway, which has made it much easier to get around," Morrell says. Provo is about 20 miles north, and Salt Lake City is approximately 60 miles north. The nearest emergency room is Mountain View Hospital, about a 10-minute drive from Elk Ridge in Payson. The Provo Airport offers flights to U.S. cities, while the Salt Lake City International Airport is roughly 70 miles north, with flights to cities worldwide.

Public schools offer dual language immersion and many opportunities

The Nebo School District serves over 43,000 students in and around Salem. Foothills Elementary School earns a B grade from Niche, and it participates in the Utah Dual Language Immersion program, which allows students to become fluent in Spanish, French or Mandarin Chinese. Valley View Middle serves grades 6-7 and offers extracurricular activities like a dance team. Salem Junior High serves grades 7-9, and students can win the Spartan Summit Reading Award by reading books, doing community service and memorizing speeches from throughout history. Both Valley View Middle and Salem Junior High receive a C-plus. Salem Hills High School scores a B, with classes in business communication, medical anatomy and sci-fi fantasy literature.

Mt. Nebo Loop connects parks and trailheads

Mt. Nebo Loop is a 35-mile drive that reaches 9,000 feet of elevation. The road also provides public access to campgrounds, hunting areas and trails. The Forebay Trailhead features mountain biking and hiking trails surrounded by panoramic views and diverse forests. There are also green spaces like Shuler Park and the Payson Disc Golf Course. The Gladstan Golf Course is an 18-hole course known for its challenging holes, lush fairways and mountains. "You're 15 minutes away from Nebo Mountain, and Gladsten Golf Course is a beautiful course in Elk Ridge," Morrell says.

Payson offers restaurants on Main Street and local markets

The neighboring community of Payson has a downtown center about 4 miles west, with Main Street lined with locally owned restaurants. El Tapatio is known for its pineapple fajitas and casual dining room, which has many different chandeliers. Another eatery is Tadka Cuisine of India, which has an Indian food buffet and gluten-free options. The area’s supermarkets include Smith’s and Walmart Supercenter.

Jackson Hardy
Written By
Jackson Hardy

Interested in learning more about homes in this area? Reach out to Jason Snell, an experienced agent in this area.

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Elk Ridge Housing Trends

Housing Trends

Median List Price
$934,450
Median Single Family Sale Price
$904,947
Median 2 Bedroom Sale Price
$574,900
Last 12 months Home Sales
0
Average Price Per Sq Ft
$215

Area Facts

Number of Homes in Neighborhood
712
Number of Homes for Sale
46
Median Year Built
2017
Average Single Family Home Size Sq Ft
4,015
Significantly above the national average
1,924
Average 2 Bedroom Size Sq Ft
3,212
Average 1 Bedroom Size Sq Ft
2,727
Median Lot Size Sq Ft
14,810

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Elk Ridge Has More Owners

Demographics

Total Population
5,058
Median Age
28
Population Density
14 ppl/acre
Population under 18
36.7%
Above the national average
23.8%
Population over 65
11.8%
Below the national average
19.1%

Finances

Median Household Income
$116,650
Significantly above the national average
$71,702
Average Household Income
$141,064

Education and Workforce

High School Graduates
97.3%
Above the national average
89.1%
College Graduates
41.2%
Above the national average
34.1%
Advanced Degrees
12.6%
% Population in Labor Force
70.2%

Weather

Annual Precipitation
20''
Average Winter Low Temperature
22°F
Average Summer High Temperature
93°F
Annual Snowfall
37''

Area Factors

Somewhat Bikeable

Bike Score®®

9 / 100

Car-Dependent

Walk Score®®

0 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Elk Ridge