Paxton A. and Karleen M. Wing sell 1164 N. Ponderosa Lane, Spanish Fork

The home at 1164 N. Ponderosa Lane, Spanish Fork, was sold on June 2 by Paxton A. and Karleen M. Wing for $726,000.

Phiroum and Laura Pen were listed as the buyers.

Property taxes on the home totaled $3,874 in 2024, or 0.5% of the sale price.

This property is one of 61 sales in Spanish Fork, Utah County, between May 2 and June 2.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.