Homes for Sale in Bountiful, Utah

Bountiful’s housing market remains competitive despite a recent 14 % month‑over‑month price dip. The city’s median price of $525 K is modestly above the Utah average, and homes are moving quickly—58 days on market versus 79 days statewide—and closing at 98.3 % of the asking price. This speed suggests buyers are still motivated, even as the broader economy shows stable unemployment (Utah 3.6 %) and steady consumer sentiment (56.4). The recent rise in 30‑year mortgage rates to 6.42 % (up from a low of 6.06 % in February) adds financing pressure, but the Fed Funds rate has held steady at 3.64 %, keeping overall borrowing costs from spiking dramatically. For buyers, single‑family homes remain the premium segment, with a median price of $585 K and a healthy +1.2 % year‑over‑year appreciation, while townhomes and condos are more affordable at $330 K but have seen a 13 % YoY price decline. Inventory is modest (42 active SFRs, 27 active townhomes/condos) and under‑contract listings are already in the pipeline, so interested purchasers should act promptly. Regional factors such as the early closure of nearby ski resorts due to low snowfall may temper tourism‑related demand, but they have not yet translated into noticeable price relief in Bountiful. Overall, the market is balanced—still buyer‑friendly in terms of speed and pricing, yet tempered by rising mortgage rates and a slight cooling in price momentum.