Market Overview
warmFarr West’s median home price is roughly 28% above the Utah median, while homes linger about 24% longer on the market.- •Median closed price is $665,000, up 27.1% month‑over‑month and 9.9% year‑over‑year.
- •Sale‑to‑list ratio sits at 99.1%, indicating buyers are paying near asking prices.
- •Mortgage rates have ticked higher in the past 30 days, with the 30‑year rate now at 6.35%.
- •Unemployment remains low and stable (Utah 3.6%, national ~4.3%).
- •Inventory is tight: only 15 active listings and 6 under contract for the last three months.
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Frequently Asked Questions About Farr West Real Estate
As of May 2026, the median home price in Farr West, Utah is $665,000, which is 28.2% above the Utah state median of $518,888. Home prices in Farr West range from $465,000 to $2,680,000, with an average sale price of $681,250. These figures are based on recent closed transactions in the Farr West real estate market.
Farr West, Utah is currently a warm market that leans slightly toward sellers. Key indicators include an average sale-to-list price ratio of 99.1% and homes spending an average of 89 days on the market. Farr West’s median home price is roughly 28% above the Utah median, while homes linger about 24% longer on the market.
Homes in Farr West, Utah spend an average of 89 days on the market before going under contract compared to the Utah state average of 72 days (24.2% 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.