Homes for Sale in Fairview Utah: Market Update April 2026 | Propaired

Fairview Utah Real Estate Market Update: April 2026 - A First-Time Buyer's Guide

Looking for homes for sale in Fairview Utah? This charming Utah County community is showing promising signs for first-time buyers in 2026. With 13 active listings currently available and a median list price of $699K, Fairview's real estate market is experiencing notable shifts that savvy buyers should understand. Our latest market analysis reveals a 62.5% increase in closed sales compared to last year, while days on market dropped 40.5%, signaling improved market dynamics. Whether you're considering your first home purchase or exploring Utah's smaller communities, here's everything you need to know about the current Fairview Utah housing market.

Current Market Snapshot: What's Available in Fairview

The Fairview real estate market 2026 presents a unique opportunity for homebuyers seeking value in Utah County. Currently, there are 13 active listings ranging from $300K to $2.3M, offering diverse options for different budgets.

Key Market Metrics:

Median list price: $699K
Upper quartile price: $769K
Months supply of inventory: 4.6 months
Luxury threshold: $1.4M (with 1 luxury listing available)

This inventory level suggests a balanced market leaning slightly toward buyers, especially compared to Utah's major metropolitan areas where inventory remains tight. The wide price range means first-time buyers can find entry-level options while those seeking premium properties have luxury choices available.

Price Distribution Analysis

The current price spread in Fairview shows healthy market diversity. With properties starting at $300K, first-time buyers have accessible entry points, while the $699K median reflects the community's growing appeal. The single luxury listing above $1.4M indicates Fairview's potential for premium development without overwhelming the market.

Market Performance Trends: 6-Month Analysis

Recent market activity in Fairview tells a compelling story of recovery and stabilization. The past six months show significant year-over-year improvements that benefit both buyers and sellers.

Notable Trends:

Closed sales increased 62.5% compared to the same period last year
Days on market decreased 40.5%, from an average of 144 days to current levels
Price volatility has stabilized after earlier fluctuations

The most recent data shows median sale prices ranging from $248K to $646K over the past six months, with days on market varying from 20 to 101 days depending on price point and property characteristics. This variation is typical for smaller markets like Fairview, where individual sales can significantly impact monthly averages.

Monthly Market Activity

December 2025 saw the highest median sale price at $645,875 but also the longest days on market at 101 days. Conversely, November 2025 showed the fastest sales at 20 days on market with a median of $429,975. This pattern suggests buyers are becoming more selective at higher price points while moving quickly on well-priced properties.

Year-Over-Year Comparison

Comparing to 2024-2025, the current market shows increased transaction volume with 13 closed sales in the recent six-month period versus 8 in the prior year. This 62.5% increase demonstrates growing buyer confidence and market activity in Fairview.

Economic Factors Impacting Fairview Real Estate

Understanding the broader economic landscape helps explain Fairview's market dynamics. Current mortgage rates at 6.46% for 30-year loans remain elevated but have shown recent stability, while Utah's unemployment rate of 3.6% continues to support housing demand.

Key Economic Indicators:

30-year mortgage rate: 6.46%
Utah unemployment: 3.6%
Real estate sentiment index: 68.4
CPI shelter index: 422.942

The real estate sentiment index of 68.4 suggests cautious optimism among market participants. While not at peak levels, this reading indicates growing confidence in Utah's real estate market, including smaller communities like Fairview.

Interest Rate Impact

Current mortgage rates around 6.46% have stabilized after recent volatility. For first-time buyers in Fairview, this means monthly payments on the $699K median-priced home would be approximately $4,300-4,500 including taxes and insurance, assuming a 20% down payment.

Local Employment Factors

Utah's 3.6% unemployment rate remains well below national averages, supporting continued housing demand. Fairview's proximity to larger employment centers in Utah County provides residents with job market access while enjoying small-town living.

First-Time Buyer Opportunities in Fairview

For those looking to buy a home in Fairview Utah, current market conditions present several advantages. The 4.6 months of inventory provides buyers with reasonable selection and negotiating power, while the decreased days on market suggests motivated sellers.

First-Time Buyer Advantages:

Entry-level options starting at $300K
Balanced inventory allowing time for decision-making
Improved market velocity reducing competition pressure
Small-town community with Utah County accessibility

Fairview offers the appeal of rural Utah living while maintaining reasonable access to employment centers. The community's general residential character means buyers can find traditional single-family homes without the premium pricing of resort or luxury markets.

Financing Considerations

With current interest rates at 6.46%, first-time buyers should explore all available programs. Utah Housing Corporation offers down payment assistance, and some properties in Fairview may qualify for USDA rural development loans, potentially offering 0% down payment options for qualified buyers.

Market Timing Strategy

The current 4.6 months of inventory suggests buyers have adequate time to make informed decisions without the pressure of ultra-competitive markets. However, the 40.5% decrease in days on market indicates well-priced properties are moving faster than before.

The Fairview Utah housing market in April 2026 presents a compelling opportunity for first-time buyers seeking value and community character. With 13 active listings, a $699K median price, and improved market dynamics, conditions favor informed buyers ready to act decisively.

Key takeaways for prospective buyers: the 62.5% increase in closed sales demonstrates growing market confidence, while decreased days on market suggests pricing has found appropriate levels. The $300K entry point makes homeownership accessible, while the 4.6 months of inventory provides reasonable selection.

For those ready to explore homes for sale in Fairview Utah, consider connecting with local real estate professionals who understand this unique market. Propaired's AI-powered search platform can help you identify properties matching your criteria and budget in this evolving market.

Ready to start your home search in Fairview? Visit propaired.ai/fairview to explore current listings, or connect with experienced Utah real estate agents who specialize in first-time buyer success.

Listings in Fairview