Vernal, UT metro area Housing Market

Cool Market

Comprehensive housing market data for the Vernal, UT metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$431K

30.5% YoY

Days on Market

106 days

47.2% YoY

Active Inventory

121

3.4% YoY

Homes Sold

25

19.0% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Vernal, UT metro area Market Summary

The Vernal, UT metro area housing market is cooling down. As of January 2026, the median home sale price is $431K, up 30.5% year-over-year. Homes are spending a median of 106 days on the market, 47.2% longer than a year ago.

There are 121 homes for sale — 3.4% more than last year. With 4.8 months of supply, this is a balanced market. 37 new listings were added during this period, down 14.0% year-over-year.

Homes are selling for 98.0% of their list price on average, suggesting room for negotiation. 20.0% of homes sell above their asking price. 22.3% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

73

Contributing Factors

Months of Supply 4.8
Days on Market 106
Price Drops 22.3%
Sale-to-List Ratio 98.0%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $423K) 1.8%
Days on Market (National: 66) 60.6%
Inventory (National: 1,210,379) 100.0%

vs. Utah Median

Median Price (Utah: $576K) 25.3%
Days on Market (Utah: 76) 39.5%

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.

Vernal, UT metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$375K

Price per Sq Ft

$168

Sale-to-List Ratio

98.0%

Months of Supply

4.8

Sold Above List

20.0%

Price Drops

22.3%

New Listings

37

14.0% YoY

Pending Sales

27

Off Market in 2 Weeks

33.3%

Analyze a deal in Vernal, UT metro area

Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.

Try It Free

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