RealTrends Market Report

Utah, UT

Single-Family Homes

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Utah, UT

Thu Jul 09 2026
This week the median list price for Utah, UT is $665,000 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has increased to 10,604. Click here to stay informed with the Utah market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Utah, UT

Thu Jul 09 2026
This week the median list price for Utah, UT is $665,000 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has increased to 10,604. Click here to stay informed with the Utah market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Utah market.
Median List Price $665,000
Median Price of New Listings $646,220
Per Square Foot $249
Average Days on Market 98
Median Days on Market 56
Price Decreased 42%
Price Increased 2%
Relisted 6%
Inventory 10,604
Median Rent
Market Action 36
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,650,000 4,789 0.25 - 0.5 acre 5 4 10 212 165 63
$782,000 3,452 0.25 - 0.5 acre 4 3 11 223 217 56
$584,900 2,600 8,000 - 10,000 sqft 4 2.5 15 220 235 49
$424,000 1,752 6,500 - 8,000 sqft 3 2 38 267 289 49