Name: Farr West Real Estate Market Data
Creator: Propaired

Question 1

What is the median home price in Farr West, Utah in 2026?

Accepted Answer

As of July 2026, the median home price in Farr West, Utah is $684,900, which is 30.5% above the Utah state median of $525,000. Home prices in Farr West range from $374,900 to $2,680,000, with an average sale price of $685,071. These figures are based on recent closed transactions in the Farr West real estate market.

Question 2

Is Farr West, Utah a buyer's or seller's market?

Accepted Answer

Farr West, Utah is currently a balanced market. Key indicators include an average sale-to-list price ratio of 98.7% and homes spending an average of 91 days on the market. Farr West’s median home price sits ~30% above the Utah average, with longer days on market but a near‑list sale price, indicating a pricier yet still competitive market.

Question 3

How long do homes stay on the market in Farr West?

Accepted Answer

Homes in Farr West, Utah spend an average of 91 days on the market before going under contract compared to the Utah state average of 61 days (49.1% 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.

Question 4

How many homes are for sale in Farr West, Utah?

Accepted Answer

As of July 2026, there are 28 active homes for sale in Farr West, Utah with 37 new listings added recently. In the most recent reporting period, 17 transactions closed in Farr West. The inventory level can change quickly, so checking regularly helps buyers stay ahead of new opportunities.

Question 5

Are there new construction homes for sale in Farr West, Utah?

Accepted Answer

Yes — Farr West currently has 37 new listings recently added to the market, with prices starting from $374,900. New construction homes (year built ≥ 2025 or builder-flagged in MLS) can be found using the "New Construction" filter on Propaired. The overall median home price in Farr West is $684,900.

Question 6

How does Farr West compare to the Utah state average?

Accepted Answer

Farr West home prices are 30.5% above the Utah state median of $525,000, with a local median of $684,900. Homes sell slower than the state average — 91 days in Farr West vs 61 days statewide (49.1% above average). The sale-to-list ratio is 98.7% locally vs 99.0% statewide.

Question 7

Are homes in Farr West more expensive than the Utah average?

Accepted Answer

Yes, homes in Farr West are more expensive than the Utah state average. The median home price in Farr West is $684,900, compared to the statewide median of $525,000 — a difference of $159,900 (+30.5%). The premium reflects demand for the area's amenities, schools, and location.

Question 8

Do homes sell faster in Farr West than the rest of Utah?

Accepted Answer

No, homes in Farr West take longer to sell than the Utah average. The average days on market in Farr West is 91 days, compared to 61 days statewide (49.1% above average). Buyers in Farr West have more time to evaluate listings and negotiate, which can work in their favor. The overall market temperature is considered balanced.

Question 9

What is the current market outlook for Farr West, Utah?

Accepted Answer

Farr West remains one of the more expensive markets in Utah, with a median closed price of $684,900—about $160,000 above the state median. While the market has shown a modest 2.0% price dip month‑over‑month, inventory remains tight: only 38 new listings have appeared in the past three months against 17 closed transactions, and 21 single‑family homes are currently active. Buyers are taking longer to decide, as evidenced by the 91‑day average time on market, which is 49% higher than the state average, yet the sale‑to‑list ratio of 98.7% indicates that offers are still close to asking.

On the macro side, mortgage rates have been on an upward trajectory, climbing from 6.06% in February to 6.46% in July, a rise reflected in recent news about rates hitting 6.5% and adding $100 to monthly payments on a $400,000 loan. Unemployment rates are stable (Utah 3.6%, US ~4.2%), and consumer and real‑estate sentiment indices have held steady, suggesting no major shift in buyer confidence. The combination of rising financing costs, longer days on market, and a slight price pull‑back points to a balanced market that is beginning to cool modestly, offering cautious buyers a bit more negotiating room while still facing premium pricing. The market temperature is rated "balanced." Farr West’s median home price sits ~30% above the Utah average, with longer days on market but a near‑list sale price, indicating a pricier yet still competitive market.

Question 10

What are the key highlights of the Farr West housing market?

Accepted Answer

Key highlights of the Farr West, Utah housing market include: Median price is $684,900, 30.5% higher than the Utah median of $525,000.. Prices slipped 2.0% month‑over‑month, the first decline in the recent period.. Homes stay on market 91 days on average, 49% longer than the state average of 61 days.. Sale‑to‑list ratio remains strong at 98.7%, showing buyers are still willing to meet asking prices.. Mortgage rates have risen from 6.06% (Feb) to 6.46% (Jul), adding roughly $100 to a $400k loan’s monthly payment.. These insights are derived from recent MLS transaction data and local market analysis.

Question 11

What is the price range for homes in Farr West, Utah?

Accepted Answer

Homes in Farr West, Utah range from $374,900 to $2,680,000, with a median price of $684,900. The standard deviation is $494,969, indicating a wide spread of home values across neighborhoods. This range reflects the diversity of housing options available, from starter homes to luxury properties.

Question 12

What are the best schools in Farr West, Utah?

Accepted Answer

Farr West has 2 schools. The top-rated schools based on state performance scores include: Wahlquist Jr High (50.4% score), 1,034 students. School ratings are based on Utah State Board of Education achievement and growth metrics. Explore all Farr West schools and nearby homes for sale on Propaired.

Question 13

What is the internet quality in Farr West, Utah?

Accepted Answer

Farr West has an average broadband download speed of 2703 Mbps and 52% of homes have access to fiber internet. Top internet providers include Xfinity, Quantum Fiber, Utah Telecommunication Open Infrastructure Agency. This is above average for Utah, supporting remote work and streaming. Residents have an average of 11.1 provider options.

Question 14

What is the price per square foot in Farr West?

Accepted Answer

The median price per square foot in Farr West, Utah is $209. The average home size is 3,215 sqft. This metric helps compare value across neighborhoods and property types — a lower price per sqft may indicate better value, while higher prices often reflect premium locations or finishes.

Question 15

Is now a good time to buy a home in Farr West, Utah?

Accepted Answer

The 30-year mortgage rate is currently 6.46% and Utah's unemployment rate is 3.6%, with Farr West's market rated as "balanced." Prices are stabilizing. Current conditions may favor buyers with more negotiating room. Market timing depends on your personal financial situation and goals.

Question 16

When is the best time to buy a home in Farr West?

Accepted Answer

Historically, June offers the most new listings in Farr West, giving buyers the widest selection. Spring (April–June) typically sees the most inventory while winter months often have less competition and potentially more motivated sellers. However, Utah's growing market means opportunities exist year-round. Set up alerts on Propaired to be notified when new listings match your criteria.

Market Overview

Key Metrics

Detailed Market Analysis

Advanced Metrics

Trend Charts

Price Distribution & Property Mix

Featured Homes in Farr West

$527,500

$529,900

$550,000

$399,900

$399,900

$384,900

$374,900

$404,900

$374,900

$384,900

$559,900

Deals & Lifestyle in Farr West

$527,500

$529,900

$550,000

$559,900

$754,900

$399,900

$399,900

$384,900

$374,900

$404,900

$374,900

$384,900

$699,900

$620,000

$754,900

$699,900

Highlights in Farr West

$2,680,000

$1,979,700

$1,947,000

$1,440,000

$1,138,000

$699,900

$597,900

$589,900

$68,500

$559,900

$115,000

$620,000

$529,900

$404,900

$374,900

$384,900

$399,900

$597,900

$589,900

$559,900

$374,900

$399,900

$669,900

$600,000

$1,979,700

$1,138,000

$550,000

Farr West Real Estate FAQ

Frequently Asked Questions About Farr West Real Estate

What is the median home price in Farr West, Utah in 2026?

What is the median home price in Farr West, Utah in 2026?

Is Farr West, Utah a buyer's or seller's market?

Is Farr West, Utah a buyer's or seller's market?

How long do homes stay on the market in Farr West?

How long do homes stay on the market in Farr West?

How many homes are for sale in Farr West, Utah?

How many homes are for sale in Farr West, Utah?

Are there new construction homes for sale in Farr West, Utah?

Are there new construction homes for sale in Farr West, Utah?

How does Farr West compare to the Utah state average?

How does Farr West compare to the Utah state average?

Are homes in Farr West more expensive than the Utah average?

Are homes in Farr West more expensive than the Utah average?

Do homes sell faster in Farr West than the rest of Utah?