Homes for Sale in Grantsville, Utah

Grantsville’s residential market remains priced above the state average, with a median sale price of $567,900 compared to Utah’s $510,000. While sellers are still capturing nearly full list prices (99.2% sale‑to‑list ratio), the market is cooling on the demand side: median prices fell 8.8% from the prior month and homes are staying on the market for an average of 105 days—about a third longer than the state norm. Single‑family homes dominate the inventory, with 80 active listings and 38 under contract, while townhomes and condos are scarce. On the macro side, mortgage rates have started to climb again, moving from a six‑month low of 6.06% to 6.42% in the most recent month, which will likely dampen buying power. Unemployment remains stable (U.S. 4.4%, Utah 3.6%) and consumer sentiment is steady at an index of 56.4, suggesting no major shifts in household confidence. Recent statewide coverage notes that mortgage rates are still near a three‑year low, but the upward trend aligns with the “neutral” market regime and points to a gradual shift toward a more balanced environment for prospective homebuyers in Grantsville.