Utah Housing Market
Cool MarketHousing market data and trends for Utah. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: March 2026
Median Sale Price
$577K
↓ 0.8% YoY
Days on Market
53 days
↑ 8.2% YoY
Active Inventory
12,663
↑ 2.7% YoY
Homes Sold
3,328
↑ 7.4% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Utah Market Summary
The Utah housing market is cooling down. As of March 2026, the median home sale price is $577K, down 0.8% year-over-year. Homes are spending a median of 53 days on the market, 8.2% longer than a year ago.
There are 12,663 homes for sale — 2.7% more than last year. With 3.8 months of supply, this is a seller's market. 5,359 new listings were added during this period, up 2.2% year-over-year.
Homes are selling for 98.8% of their list price on average, suggesting room for negotiation. 22.1% of homes sell above their asking price. 29.2% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 32% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
Utah Market Trends
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Detailed Market Metrics
Median List Price
$590K
Price per Sq Ft
$258
Sale-to-List Ratio
98.8%
Months of Supply
3.8
Sold Above List
22.1%
Price Drops
29.2%
New Listings
5,359
↑ 2.2% YoY
Pending Sales
4,527
Metro Areas in Utah
Salt Lake City, UT metro area
$540K median
41 days
on market
Provo, UT metro area
$530K median
55 days
on market
Ogden, UT metro area
$475K median
46 days
on market
Heber, UT metro area
$1.55M median
71 days
on market
St. George, UT metro area
$550K median
51 days
on market
Logan, UT metro area
$445K median
71 days
on market
Cedar City, UT metro area
$440K median
76 days
on market
Vernal, UT metro area
$349K median
65 days
on market
Price, UT metro area
$300K median
86 days
on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.