Market Overview
coolingEphraim’s median home price sits about 20% below the Utah median and its 9‑month inventory signals a clear buyer’s market.- •Median price $412K is ~20% lower than the state median of $515K, offering strong price advantage.
- •68.8% of listings saw price cuts (100% of adjustments were reductions) – sellers are aggressively trimming prices.
- •Average days on market 121 days, far above the state average of 72 days, indicating slower sales pace.
- •Deal fall‑through rate is 20% of pending contracts, higher than typical markets and a risk for buyers.
- •23% of active listings are new construction, and broadband score is a perfect 100, enhancing appeal for remote workers.
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Frequently Asked Questions About Ephraim Real Estate
As of May 2026, the median home price in Ephraim, Utah is $430,000, which is 17.0% below the Utah state median of $517,990. Home prices in Ephraim range from $285,000 to $900,000, with an average sale price of $467,750. 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 96.9% and homes spending an average of 144 days on the market. Ephraim’s median home price sits about 20% below the Utah median and its 9‑month inventory signals a clear buyer’s market.
Homes in Ephraim, Utah spend an average of 144 days on the market before going under contract compared to the Utah state average of 72 days (100.0% 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.