Cedar City, UT Housing Market

Cold Market

Metro-level monthly sale metrics for rental investors — prices, inventory, pace, and negotiation signals. Figures represent the Cedar City, UT metro area.

Data period: May 2026

Market snapshot

Median sale price
$460K
Median days on market
46 days
Months of supply
7.0
Active inventory
599
Homes sold
85
Sale-to-list ratio
97.9%
Listings with price drop
27.2%
Data month
May 2026

Pair this view with the rental property calculator, DSCR calculator, and cap rate calculator — or browse all calculators.

Rental Investor Snapshot

Labels below come from monthly sale-market indicators only. True cash flow requires local rent, taxes, insurance, vacancy, and expense assumptions — model those in the rental calculator, then sanity-check against sale-speed signals here.

Market temperature
Cooling
Buyer leverage
High
Pricing signal vs. U.S. median
Near U.S. median (price only)
Investor fit (heuristic)
Negotiation · BRRRR

Watch-outs

  • Elevated price cuts can signal negotiation room — verify condition, rents, and comps street-by-street.
  • Higher months of supply usually improves buyer leverage on price and terms.

Suggested next step: Run a rental property analysis with your own rent, financing, vacancy, and expense assumptions — then sanity-check against this market's sale-speed and negotiation signals.

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Cedar City, UT market summary

The Cedar City, UT metro area housing market is cooling down. As of May 2026, the median home sale price is $460K, up 8.2% year-over-year. Homes are spending a median of 46 days on the market, 0.0% shorter than a year ago.

There are 599 homes for sale — 2.4% fewer than last year. With 7.0 months of supply, this is a buyer's market. 166 new listings were added during this period, down 12.6% year-over-year.

Homes are selling for 97.9% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 27.2% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

85

Contributing Factors

Months of Supply 7.0
Days on Market 46
Price Drops 27.2%
Sale-to-List Ratio 97.9%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $450K) 2.3%
Days on Market (National: 42) 9.5%
Inventory (National: 1,460,440) 100.0%

vs. Utah Median

Median Price (Utah: $560K) 17.9%
Days on Market (Utah: 41) 12.2%

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.

Cedar City, UT market trends

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Detailed market metrics

Median list price

$449K

Price per sq ft

$227

Sale-to-list ratio

97.9%

Months of supply

7.0

Sold above list

0.0%

Price drops

27.2%

New listings

166

12.6% YoY

Pending sales

108

Off market in 2 weeks

21.3%

Cedar City, UT housing market FAQs

What is the median home price in Cedar City, UT?

For the latest published month, the median sale price in Cedar City, UT is $460K. Median means half of homes sold above that price and half below — it is a useful benchmark, not a rule for every listing.

Is Cedar City, UT a buyer's or seller's market?

With about 7.0 months of supply, conditions often favor buyers (inventory is relatively high versus sales pace). That can mean more time to negotiate and compare listings.

How long do homes stay on the market in Cedar City, UT?

For the latest published month, the median days on market in Cedar City, UT is 46 days — half of homes went pending faster and half slower.

Is Cedar City, UT good for rental property investors?

Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. Cedar City, UT can still work for rentals if the numbers work on a deal-by-deal basis — use local rent comps, financing, vacancy, and expenses in the rental property calculator.

How should investors analyze a rental property in Cedar City, UT?

Start with purchase price, financing, rent, vacancy, operating expenses, and capital repairs. Stress-test rates and rent. Will It Flow’s rental property calculator is built to translate those inputs into cash flow, DSCR, cap rate, and cash-on-cash return for Cedar City, UT deals.

National context

Step up to the U.S. housing market hub for national trends, then browse top metro markets by sales activity.

Underwrite a Cedar City, UT deal with real numbers

Use Will It Flow for cash flow, DSCR, cap rate, and cash-on-cash return — free and fast.

Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.