Name: Herriman Real Estate Market Data
Creator: Propaired

Question 1

What is the median home price in Herriman, Utah in 2026?

Accepted Answer

As of July 2026, the median home price in Herriman, Utah is $588,200, which is 12.0% above the Utah state median of $525,000. Home prices in Herriman range from $325,000 to $2,750,000, with an average sale price of $598,232. These figures are based on recent closed transactions in the Herriman real estate market.

Question 2

Is Herriman, Utah a buyer's or seller's market?

Accepted Answer

Herriman, Utah is currently a cooling market that is shifting toward buyers. Key indicators include an average sale-to-list price ratio of 99.2% and homes spending an average of 85 days on the market. Herriman’s median home price is about 11 % above the Utah average, yet homes sit roughly 40 % longer on the market.

Question 3

How long do homes stay on the market in Herriman?

Accepted Answer

Homes in Herriman, Utah spend an average of 85 days on the market before going under contract compared to the Utah state average of 61 days (40.0% 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.

Question 4

How many homes are for sale in Herriman, Utah?

Accepted Answer

As of July 2026, there are 372 active homes for sale in Herriman, Utah with 492 new listings added recently. In the most recent reporting period, 247 transactions closed in Herriman. 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 Herriman, Utah?

Accepted Answer

Yes — Herriman currently has 492 new listings recently added to the market, with prices starting from $325,000. 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 Herriman is $588,200.

Question 6

How does Herriman compare to the Utah state average?

Accepted Answer

Herriman home prices are 12.0% above the Utah state median of $525,000, with a local median of $588,200. Homes sell slower than the state average — 85 days in Herriman vs 61 days statewide (40.0% above average). The sale-to-list ratio is 99.2% locally vs 99.0% statewide.

Question 7

Are homes in Herriman more expensive than the Utah average?

Accepted Answer

Yes, homes in Herriman are more expensive than the Utah state average. The median home price in Herriman is $588,200, compared to the statewide median of $525,000 — a difference of $63,200 (+12.0%). The premium reflects demand for the area's amenities, schools, and location.

Question 8

Do homes sell faster in Herriman than the rest of Utah?

Accepted Answer

No, homes in Herriman take longer to sell than the Utah average. The average days on market in Herriman is 85 days, compared to 61 days statewide (40.0% above average). Buyers in Herriman have more time to evaluate listings and negotiate, which can work in their favor. The overall market temperature is considered cooling.

Question 9

How have home prices changed in Herriman over the past year?

Accepted Answer

Home prices in Herriman, Utah have decreased by 22.0% over the past year. The median sale price went from $622,000 to $485,000. This decline may signal a shifting market that favors buyers. Check the Herriman market trends section above for detailed charts.

Question 10

Is the Herriman housing market heating up or cooling down?

Accepted Answer

The Herriman housing market is currently showing mixed signals, with prices down 22.0% year-over-year and days on market increasing by 20.5%. The market temperature is rated "cooling" based on current conditions. Herriman’s median home price is about 11 % above the Utah average, yet homes sit roughly 40 % longer on the market. Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 11

What were Herriman home prices this time last year?

Accepted Answer

In July 2025, the median home sale price in Herriman, Utah was $622,000. Today, the median is $485,000, representing a change of -22.0% ($137,000 decrease). During that same period, the average days on market went from 66 to 80 days.

Question 12

What is the current market outlook for Herriman, Utah?

Accepted Answer

Herriman’s residential market remains priced above the Utah median ($585 K vs $525 K), but recent dynamics point to a cooling environment. The median price dropped 16.1 % from the prior month while inventory swelled to 497 new listings against only 248 closed sales, pushing the average days on market to 85—significantly longer than the state’s 61‑day average. The sale‑to‑list ratio of 99.2 % suggests sellers are still achieving near‑list prices, yet the combination of higher inventory and longer market times gives buyers more negotiating power than in the recent past.

On the macro side, mortgage rates have risen modestly but remain stable in the short term, climbing from 6.11 % to 6.46 % for a 30‑year fixed loan. Unemployment rates are flat (Utah 3.6 %, national 4.2‑4.4 %), and consumer and real‑estate sentiment indices have held steady around the mid‑50s to low‑60s, indicating no major shifts in buyer confidence. Recent statewide news about rising mortgage rates and a slowdown in pending sales reinforces the cooling trend, while regional developments such as the new Lehi mixed‑use project and the UDOT gondola purchase are unlikely to impact Herriman’s market immediately. For buyers, the current environment offers better pricing leverage and more choice, though the higher baseline price and modestly rising financing costs should be factored into long‑term affordability calculations. The market temperature is rated "cooling." Herriman’s median home price is about 11 % above the Utah average, yet homes sit roughly 40 % longer on the market.

Question 13

What are the key highlights of the Herriman housing market?

Accepted Answer

Key highlights of the Herriman, Utah housing market include: Median price fell 16.1 % month‑over‑month, the sharpest decline in the last three months.. Days on market are 85 days, 39.9 % higher than the state average, indicating slower buyer activity.. New listings (497) more than double closed transactions (248), creating a buyer‑friendly inventory surplus.. 30‑year mortgage rates have edged up from 6.11 % to 6.46 % over the past six months, adding cost pressure.. Sale‑to‑list ratio remains near parity at 99.2 %, showing sellers are receiving close to asking prices despite the slowdown.. These insights are derived from recent MLS transaction data and local market analysis.

Question 14

What is the price range for homes in Herriman, Utah?

Accepted Answer

Homes in Herriman, Utah range from $325,000 to $2,750,000, with a median price of $588,200. The standard deviation is $331,696, 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 15

What are the best schools in Herriman, Utah?

Accepted Answer

Herriman has 17 schools. The top-rated schools based on state performance scores include: Blackridge School (56% score), 782 students; Fort Herriman Middle (52.7% score), 1,200 students. School ratings are based on Utah State Board of Education achievement and growth metrics. Explore all Herriman schools and nearby homes for sale on Propaired.

Question 16

How do Herriman schools compare to the state average?

Accepted Answer

Of the 17 schools in Herriman, 0 (0%) are rated as high-performing and 0 have strong academics indicators. Families should research individual school ratings on our Herriman schools page for detailed performance breakdowns.

Question 17

Are there STEM or specialty schools in Herriman?

Accepted Answer

Yes, Herriman has 1 school with STEM excellence indicators, including Blackridge School. These schools demonstrate above-average performance in math, science, or both according to Utah state assessments.

Question 18

What is the internet quality in Herriman, Utah?

Accepted Answer

Herriman has an average broadband download speed of 6005 Mbps and 88% of homes have access to fiber internet. Top internet providers include Utah Telecommunication Open Infrastructure Agency, HiCountryNet, Xfinity. This is above average for Utah, supporting remote work and streaming. Residents have an average of 11.4 provider options.

Question 19

Are single-family homes or condos a better investment in Herriman?

Accepted Answer

In Herriman, single-family homes have a median price of $687,289 (-4.5% YoY), while townhomes/condos are $434,900 (-6.9% YoY). SFRs sell in 35 days vs 78 days for condos. Single-family homes are appreciating faster. Both property types are available with AI-powered search on Propaired.

Question 20

What is the price per square foot in Herriman?

Accepted Answer

The median price per square foot in Herriman, Utah is $217. The average home size is 2,801 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 21

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

Accepted Answer

The 30-year mortgage rate is currently 6.46% and Utah's unemployment rate is 3.6%, with Herriman's market rated as "cooling." Prices are stabilizing at 22.0% year-over-year. Current conditions may favor buyers with more negotiating room. Market timing depends on your personal financial situation and goals.

Question 22

When is the best time to buy a home in Herriman?

Accepted Answer

Historically, June offers the most new listings in Herriman, 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.

Question 23

Is Herriman a safe place to live?

Accepted Answer

Herriman has a safety rating of 7.6 out of 10 (10 = safest) based on 2024 BCI NIBRS data. The overall crime rate is 20.9 per 1,000 residents, which is 55% below the statewide average, making it relatively safe with low crime. The violent crime rate is 4.9 per 1,000 residents and the property crime rate is 14.2 per 1,000 residents. (Population: 61,387)

Question 24

What is the crime rate in Herriman?

Accepted Answer

In 2024, Herriman's total NIBRS crime rate was 20.9 offenses per 1,000 residents. This includes crimes against persons (4.9 per 1K), property crimes (14.2 per 1K), and crimes against society. For comparison, the statewide average is approximately 46.4 per 1,000 residents. Source: Bureau of Criminal Identification NIBRS report.

Market Overview

Key Metrics

Detailed Market Analysis

Advanced Metrics

Trend Charts

Price Distribution & Property Mix

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