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

Pleasant Grove Utah Real Estate Market Update: April 2026 - Your Guide to Homes for Sale

Looking for homes for sale in Pleasant Grove Utah? You've chosen an excellent time to explore this vibrant Utah County community. With 61 active listings currently available and a $604K median list price, Pleasant Grove offers compelling opportunities for both first-time and move-up buyers. Our latest market analysis reveals a 29.1% increase in closed sales compared to last year, signaling renewed buyer confidence in this scenic foothills community. Whether you're drawn to the 15 properties with scenic views or considering one of the 12 new construction homes, Pleasant Grove's diverse inventory caters to various lifestyle preferences and budgets.

Current Market Snapshot: What Buyers Need to Know

The Pleasant Grove real estate market 2026 presents a balanced landscape with encouraging signs for buyers. Currently, there are 61 homes for sale in Pleasant Grove Utah, representing 2.1 months of inventory – a healthy supply that gives buyers reasonable selection without excessive competition.

Key Market Metrics:

Median List Price: $604K
Price Range: $3K - $2.2M
Days on Market: 32 days (April 2026)
Closed Sales (12 months): 354 transactions
Luxury Listings: 11 homes above $1.2M

The market has shown remarkable resilience, with closed sales up 29.1% year-over-year. This surge in activity reflects both pent-up demand and Pleasant Grove's growing appeal among Utah County homebuyers. The 32-day average days on market in April represents a significant improvement from the 61 days we saw in March, indicating renewed buyer urgency.

Price Distribution Analysis

Pleasant Grove's housing inventory spans an impressive range, from affordable starter homes to luxury estates. The upper quartile (Q3) sits at $975K, while our luxury threshold begins at $1.2M. This distribution ensures options for various buyer segments, from first-time purchasers to those seeking premium properties with scenic mountain views.

Market Trends: Six-Month Performance Review

Analyzing the past six months reveals interesting patterns in the Pleasant Grove Utah housing market. We've witnessed significant price volatility, with median prices ranging from a low of $394K in April to a peak of $742K in January 2026.

Monthly Breakdown:

October 2025: $535K median, 66 days DOM, 29 closed
November 2025: $611K median, 58 days DOM, 19 closed
December 2025: $697K median, 55 days DOM, 21 closed
January 2026: $742K median, 50 days DOM, 19 closed
February 2026: $641K median, 58 days DOM, 26 closed
March 2026: $603K median, 61 days DOM, 35 closed

The dramatic price drop in April to $394K appears to be an anomaly, likely influenced by a small sample size of just 2 closed sales. This creates an interesting opportunity for buyers, as the limited April data may not reflect true market conditions.

Year-Over-Year Comparison

Comparing to the same six-month period last year, Pleasant Grove shows modest price appreciation of 0.7% alongside a 3.4% increase in days on market. However, the standout metric is the 29.1% surge in closed sales, indicating robust buyer demand despite slightly longer marketing times.

Economic Factors Influencing Pleasant Grove Real Estate

Several economic indicators are shaping the Pleasant Grove real estate market 2026. 30-year mortgage rates currently sit at 6.46%, up from recent lows but stabilizing after months of volatility. Utah's unemployment rate remains healthy at 3.6%, supporting continued housing demand.

The Real Estate Sentiment Index at 68.4 suggests cautious optimism among market participants. While not at peak levels, this reading indicates that both buyers and sellers maintain confidence in market fundamentals. The CPI Shelter component at 422.942 reflects ongoing housing cost pressures, making Pleasant Grove's relative affordability compared to Salt Lake County increasingly attractive.

Economic Outlook Impact:

Stable employment supports buyer qualification
Mortgage rates showing signs of stabilization
Utah County's job growth benefits Pleasant Grove
Inflation concerns drive real estate as hedge investment

Interest Rate Implications

The current 6.46% mortgage rate environment requires buyers to be more strategic about their home search. However, Pleasant Grove's median price point of $604K remains accessible for qualified buyers, especially when compared to neighboring communities with higher price points.

Lifestyle Properties and Neighborhood Highlights

When you buy a home in Pleasant Grove Utah, you're investing in a community that perfectly balances suburban comfort with outdoor recreation access. The current inventory showcases the area's diverse appeal:

Top Property Features:

Scenic Views: 15 listings capitalize on Pleasant Grove's stunning mountain and valley vistas
Luxury Estates: 12 high-end properties offer premium amenities and spacious lots
New Construction: 12 brand-new homes feature modern designs and energy-efficient systems

Pleasant Grove's location provides easy access to both Utah County employment centers and recreational opportunities. Residents enjoy proximity to American Fork Canyon, Timpanogos Cave National Monument, and the developing Silicon Slopes tech corridor.

The community's cultural offerings continue to expand, with venues like The Ruth and Nathan Hale Theater hosting productions such as "Forever Plaid" this month. These amenities contribute to Pleasant Grove's appeal as a family-friendly community with small-town charm and big-city conveniences.

Investment Potential

Pleasant Grove's strategic location between Provo and Salt Lake City, combined with ongoing infrastructure improvements and tech industry growth, positions the area for continued appreciation. The 354 closed sales in the past 12 months demonstrate consistent market activity and liquidity.

The Pleasant Grove Utah housing market in April 2026 presents compelling opportunities for informed buyers. With 61 active listings, a $604K median price, and 29.1% more closed sales than last year, market conditions favor those ready to act decisively.

Whether you're a first-time buyer attracted to Pleasant Grove's affordability or a move-up buyer seeking scenic views and luxury amenities, the current inventory offers diverse options. The 2.1 months of supply provides adequate selection without the intense competition seen in previous years.

Ready to explore homes for sale in Pleasant Grove Utah? Browse current listings or connect with our local experts who understand the nuances of this dynamic market. For ongoing market insights, follow our market update series to stay informed about Utah County real estate trends.

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