Market Overview
warmUtah’s home price growth (3.6% YoY) and low unemployment (3.6%) outpace the national average, while mortgage rates and consumer sentiment are roughly in line with the U.S. picture.- •Median home price hit $518,888, up 3.6% YoY, with single‑family homes commanding a median of $569,990.
- •Sale‑to‑list ratio remains near parity at 99%, and median days on market fell to 72 days (‑4.2% MoM).
- •New listings surged 24.9% YoY to 20,200, yet inventory of 13,009 active homes keeps the market tilted toward sellers.
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Frequently Asked Questions About Utah Real Estate
As of May 2026, the Utah real estate market is a warm market that leans slightly toward sellers. The statewide median home price is $518,888, with 13,009 active listings and an average of 72 days on market. The market spans 62 counties.
Utah home prices have increased 2.9% year-over-year, with the current statewide median at $518,888. Month-over-month, prices changed +1.0%.
Homes in Utah currently take an average of 72 days on market before going under contract. This varies significantly by county — high-demand areas along the Wasatch Front typically sell faster than rural markets.
