Cedar City, UT metro area Housing Market
Cold MarketComprehensive housing market data for the Cedar City, UT metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$440K
↑ 16.7% YoY
Days on Market
76 days
↑ 8.6% YoY
Active Inventory
526
↑ 5.4% YoY
Homes Sold
89
↑ 1.1% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Cedar City, UT metro area Market Summary
The Cedar City, UT metro area housing market is cooling down. As of March 2026, the median home sale price is $440K, up 16.7% year-over-year. Homes are spending a median of 76 days on the market, 8.6% longer than a year ago.
There are 526 homes for sale — 5.4% more than last year. With 5.9 months of supply, this is a balanced market. 173 new listings were added during this period, up 5.5% year-over-year.
Homes are selling for 98.2% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 20.1% 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
vs. Utah 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.
Cedar City, UT metro area Market Trends
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Detailed Market Metrics
Median List Price
$446K
Price per Sq Ft
$288
Sale-to-List Ratio
98.2%
Months of Supply
5.9
Sold Above List
0.0%
Price Drops
20.1%
New Listings
173
↑ 5.5% YoY
Pending Sales
105
Off Market in 2 Weeks
26.7%
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Price, UT metro area
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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.