Market Overview
coolingEphraim’s median home price is roughly 19% below the Utah average and homes linger about 37% longer on the market.- •Median price fell 6.4% month‑over‑month to $424K, well under the state median of $525K.
- •Days on market rose to 83 days, 37% higher than the state average of 61 days.
- •Sale‑to‑list ratio remains strong at 97.2%, indicating buyers are still willing to meet asking prices.
- •Mortgage rates have climbed from 6.11% in January to 6.46% in July, adding roughly $100 to a $400K loan payment.
- •Inventory is thin: only 10 closed sales versus 29 new listings in the past three months.
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Frequently Asked Questions About Ephraim Real Estate
As of July 2026, the median home price in Ephraim, Utah is $424,000, which is 19.2% below the Utah state median of $525,000. Home prices in Ephraim range from $285,000 to $760,000, with an average sale price of $453,572. These figures are based on recent closed transactions in the Ephraim real estate market.
Ephraim, Utah is currently a cooling market that is shifting toward buyers. Key indicators include an average sale-to-list price ratio of 97.2% and homes spending an average of 83 days on the market. Ephraim’s median home price is roughly 19% below the Utah average and homes linger about 37% longer on the market.
Homes in Ephraim, Utah spend an average of 83 days on the market before going under contract compared to the Utah state average of 61 days (36.9% above average). This gives buyers time to carefully evaluate options and negotiate terms. Properties that are priced competitively and show well tend to sell fastest.