Market Overview
balancedCache County’s median home price is roughly 9% below the Utah average, with longer market times and a modestly cooler pace.- •Median closed price $455,000; SFR median $507,307, Townhome/Condo median $315,114.
- •Average days on market 61 days; sale‑to‑list ratio 98.9%, indicating near‑list sales but slower turnover.
- •Active inventory (~511 homes) plus under‑contract (~126) yields about 5 months of supply, a balanced level.
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Frequently Asked Questions About Cache County Real Estate
Cache County, Utah is currently a balanced market. Cache County’s median home price is roughly 9% below the Utah average, with longer market times and a modestly cooler pace.
Home prices in Cache County, Utah have increased by 1.1% over the past year. The median sale price went from $435,000 to $440,000 (+1.1%).
The Cache County housing market remains in a neutral, balanced regime. Over the past three months, the median sale price settled at $455 K, with single‑family homes commanding a higher median of $507 K while townhomes and condos average $315 K. Buyers can expect to spend roughly 61 days on the market, and sellers are achieving about 99% of their asking price, suggesting pricing is realistic but demand is not frantic. Inventory is moderate, with roughly five months of supply, which aligns with a balanced market rather than a hot, seller‑driven environment.
Economic indicators over the last six months reinforce this steadiness. Mortgage rates have edged up modestly (30‑year from 6.11% to 6.49%), while the Fed Funds rate and unemployment rates have held steady. Consumer sentiment, CPI shelter, and housing‑starts metrics are flat, and regional real‑estate sentiment hovers around the mid‑50s, indicating neither strong optimism nor pessimism. For buyers targeting the major cities—Logan, Smithfield, Nibley, Hyrum, and Providence—Cache County offers slightly more affordable pricing and a measured pace compared with the broader Utah market, making it a good time to negotiate without the pressure of a heated market. The market temperature is rated "balanced." Cache County’s median home price is roughly 9% below the Utah average, with longer market times and a modestly cooler pace.