Name: Hyrum Real Estate Market Data
Creator: Propaired

Question 1

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

Accepted Answer

As of July 2026, the median home price in Hyrum, Utah is $432,000, which is 17.7% below the Utah state median of $525,000. Home prices in Hyrum range from $272,400 to $2,825,000, with an average sale price of $451,324. These figures are based on recent closed transactions in the Hyrum real estate market.

Question 2

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

Accepted Answer

Hyrum, Utah is currently a balanced market. Key indicators include an average sale-to-list price ratio of 99.5% and homes spending an average of 48 days on the market. Hyrum’s median home price of $432,000 is about 17.7% lower than the Utah median ($525,000) and homes sell 21% faster (48 days vs. 61 days statewide).

Question 3

How long do homes stay on the market in Hyrum?

Accepted Answer

Homes in Hyrum, Utah spend an average of 48 days on the market before going under contract compared to the Utah state average of 61 days (21.4% below average). This is a moderate pace, giving buyers some time to make decisions. Properties that are priced competitively and show well tend to sell fastest.

Question 4

How many homes are for sale in Hyrum, Utah?

Accepted Answer

As of July 2026, there are 52 active homes for sale in Hyrum, Utah with 74 new listings added recently. In the most recent reporting period, 38 transactions closed in Hyrum. 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 Hyrum, Utah?

Accepted Answer

Yes — Hyrum currently has 74 new listings recently added to the market, with prices starting from $272,400. 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 Hyrum is $432,000.

Question 6

How does Hyrum compare to the Utah state average?

Accepted Answer

Hyrum home prices are 17.7% below the Utah state median of $525,000, with a local median of $432,000. Homes sell faster than the state average — 48 days in Hyrum vs 61 days statewide (21.4% below average). The sale-to-list ratio is 99.5% locally vs 99.0% statewide.

Question 7

Are homes in Hyrum more expensive than the Utah average?

Accepted Answer

No, homes in Hyrum are more affordable than the Utah state average. The median home price in Hyrum is $432,000, compared to the statewide median of $525,000 — a difference of $93,000 (-17.7%). This makes Hyrum an attractive option for buyers seeking value in Utah.

Question 8

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

Accepted Answer

Yes, homes in Hyrum sell faster than the Utah average. The average days on market in Hyrum is 48 days, compared to 61 days statewide (21.4% below average). This faster pace signals strong buyer demand in the area. The overall market temperature is considered balanced.

Question 9

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

Accepted Answer

Home prices in Hyrum, Utah have increased by 67.5% over the past year. The median sale price went from $369,250 to $618,600. This strong appreciation reflects growing demand in the area. Check the Hyrum market trends section above for detailed charts.

Question 10

Is the Hyrum housing market heating up or cooling down?

Accepted Answer

The Hyrum housing market is currently heating up, with prices up 67.5% year-over-year and days on market decreasing by 63.8%. The market temperature is rated "balanced" based on current conditions. Hyrum’s median home price of $432,000 is about 17.7% lower than the Utah median ($525,000) and homes sell 21% faster (48 days vs. 61 days statewide). Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 11

What were Hyrum home prices this time last year?

Accepted Answer

In July 2025, the median home sale price in Hyrum, Utah was $369,250. Today, the median is $618,600, representing a change of +67.5% ($249,350 increase). During that same period, the average days on market went from 91 to 33 days.

Question 12

What is the current market outlook for Hyrum, Utah?

Accepted Answer

Hyrum’s residential market remains attractive for buyers despite a recent surge in prices. The median closed price of $432,000 is still well below the Utah average, but a 49.1% month‑over‑month increase signals accelerating demand. Homes are moving quickly, spending an average of 48 days on market—21% less time than the state average—and achieving a 99.5% sale‑to‑list ratio, indicating that listings are priced competitively and buyers are eager to close. Single‑family homes dominate the market with a median price of $470,000 and a spacious average size of 2,706 sq ft, while townhomes offer a lower entry point at $307,000.

On the macro side, mortgage rates have been on an upward trajectory over the past six months, rising from 6.11% to 6.46% for a 30‑year fixed loan, consistent with recent news of rate spikes that have added about $100 to monthly payments on a $400,000 loan. Unemployment remains low and stable (Utah 3.6%, US ~4.2%), and consumer sentiment is flat, suggesting the broader economy is not a limiting factor. The combination of rising rates and strong local demand keeps the market in a balanced state—neither hot nor cooling dramatically—making it a reasonable time for buyers to act, especially if they can lock in a rate before any further increases. The market temperature is rated "balanced." Hyrum’s median home price of $432,000 is about 17.7% lower than the Utah median ($525,000) and homes sell 21% faster (48 days vs. 61 days statewide).

Question 13

What are the key highlights of the Hyrum housing market?

Accepted Answer

Key highlights of the Hyrum, Utah housing market include: Median price rose 49.1% month‑over‑month, pulling the market toward state‑level values.. Sale‑to‑list ratio sits at 99.5%, showing buyers are willing to meet asking prices.. Inventory is modest with 75 new listings and 38 closed sales in the last three months.. Single‑family homes average $177/sq ft and $470k median price; townhomes average $207/sq ft at $307k.. 30‑year mortgage rates have climbed from 6.11% in January to 6.46% in July, adding roughly $100 to a $400k loan payment.. These insights are derived from recent MLS transaction data and local market analysis.

Question 14

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

Accepted Answer

Homes in Hyrum, Utah range from $272,400 to $2,825,000, with a median price of $432,000. The standard deviation is $364,457, 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

How do Hyrum schools compare to the state average?

Accepted Answer

Of the 4 schools in Hyrum, 0 (0%) are rated as high-performing and 0 have strong academics indicators. Families should research individual school ratings on our Hyrum schools page for detailed performance breakdowns.

Question 16

What is the internet quality in Hyrum, Utah?

Accepted Answer

Hyrum has an average broadband download speed of 2284 Mbps and 4% of homes have access to fiber internet. Top internet providers include Xfinity, Utah Telecommunication Open Infrastructure Agency, Wi-Fiber Inc. This is above average for Utah, supporting remote work and streaming. Residents have an average of 11.0 provider options.

Question 17

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

Accepted Answer

In Hyrum, single-family homes have a median price of $470,000 (-9.6% YoY), while townhomes/condos are $307,000 (-1.9% YoY). SFRs sell in 25 days vs 39 days for condos. Condos offer a lower entry point with competitive returns. Both property types are available with AI-powered search on Propaired.

Question 18

What is the price per square foot in Hyrum?

Accepted Answer

The median price per square foot in Hyrum, Utah is $184. The average home size is 2,406 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 19

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

Accepted Answer

The 30-year mortgage rate is currently 6.46% and Utah's unemployment rate is 3.6%, with Hyrum's market rated as "balanced." Prices are rising at 67.5% year-over-year. Current conditions may favor buyers with more negotiating room. Market timing depends on your personal financial situation and goals.

Question 20

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

Accepted Answer

Historically, May offers the most new listings in Hyrum, 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 Hyrum

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Deals & Lifestyle in Hyrum

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Highlights in Hyrum

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