Homes for Sale in Hideout, Utah

Hideout’s real‑estate market remains a premium segment of Utah, with a median closed price of $1.65 M—over 220% higher than the state median. Demand is still robust; the sale‑to‑list ratio of 97% shows buyers are willing to meet sellers’ expectations, and the median price rose 10.4% month‑over‑month despite a recent uptick in 30‑year mortgage rates to 6.42% (rates had dipped to a low of 6.06% earlier this year). The local economy appears stable: Utah unemployment holds steady at 3.6%, consumer sentiment is flat at 56.4, and the Utah RE sentiment index remains in the high‑60s, all supporting continued buyer confidence. However, the market shows signs of softening on the supply side. Homes are staying on the market for an average of 162 days—106% longer than the state average—reflecting the limited pool of qualified buyers at these price points. With only 21 closed sales versus 35 new listings in the last three months, inventory constraints are pronounced, especially for single‑family homes where only 4 sales occurred. The combination of high prices, strong buyer willingness, but lengthening days on market and rising rates suggests a “warm” but gradually balancing market for prospective buyers in Hideout.