Homes for Sale in Grand County, Utah

Grand County’s residential market is firmly in buyer‑favor territory. While the median home price of $512,000 is virtually identical to the Utah statewide median, the county’s inventory is swollen to 16.4 months—well above the 6‑month benchmark that defines a buyer’s market. Properties are staying on the market for an average of 208 days, roughly three times longer than the state average, and new listings are scarce, with only 20 added over the past six months against 51 closed sales. Even with these buyer‑centric conditions, prices have surged 31.9% month‑over‑month, and sellers are still capturing about 94% of their asking price, indicating underlying demand resilience. Economic fundamentals support this dynamic: mortgage rates have edged slightly lower, unemployment remains low, and housing starts are rising, but construction wages and material costs are climbing, which could temper future supply growth. For buyers, the current environment offers ample negotiating power and time to evaluate options, but they should act before the anticipated increase in construction activity begins to tighten inventory again.