Utah Housing Market
Cold MarketHousing market data and trends for Utah. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: January 2026
Median Sale Price
$576K
↑ 2.1% YoY
Days on Market
76 days
↑ 20.6% YoY
Active Inventory
11,616
↑ 8.4% YoY
Homes Sold
2,192
↓ 0.1% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Utah Market Summary
The Utah housing market is cooling down. As of January 2026, the median home sale price is $576K, up 2.1% year-over-year. Homes are spending a median of 76 days on the market, 20.6% longer than a year ago.
There are 11,616 homes for sale — 8.4% more than last year. With 5.3 months of supply, this is a balanced market. 4,082 new listings were added during this period, down 0.0% year-over-year.
Homes are selling for 98.2% of their list price on average, suggesting room for negotiation. 16.9% of homes sell above their asking price. 26.2% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
78
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. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 36% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
Utah Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Sale-to-List Ratio
Listings with Price Drops
Detailed Market Metrics
Median List Price
$595K
Price per Sq Ft
$262
Sale-to-List Ratio
98.2%
Months of Supply
5.3
Sold Above List
16.9%
Price Drops
26.2%
New Listings
4,082
– 0.0% YoY
Pending Sales
3,665
Metro Areas in Utah
Salt Lake City, UT metro area
$541K median
65 days
on market
Provo, UT metro area
$506K median
68 days
on market
Ogden, UT metro area
$494K median
64 days
on market
St. George, UT metro area
$531K median
85 days
on market
Heber, UT metro area
$1.61M median
144 days
on market
Logan, UT metro area
$449K median
84 days
on market
Cedar City, UT metro area
$390K median
79 days
on market
Vernal, UT metro area
$431K median
106 days
on market
Price, UT metro area
$282K median
119 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.