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 May 2026, the median home price in Hyrum, Utah is $449,000, which is 13.3% below the Utah state median of $517,990. Home prices in Hyrum range from $259,999 to $2,825,000, with an average sale price of $456,605. 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 warm market that leans slightly toward sellers. Key indicators include an average sale-to-list price ratio of 99.5% and homes spending an average of 71 days on the market. Hyrum’s median home price of $449,000 is about 13.5% lower than the Utah median of $518,888, while days on market (71) are essentially on par with the state average (72) and the sale‑to‑list ratio (99.5%) is slightly higher.

Question 3

How long do homes stay on the market in Hyrum?

Accepted Answer

Homes in Hyrum, Utah spend an average of 71 days on the market before going under contract compared to the Utah state average of 72 days (1.6% below 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 Hyrum, Utah?

Accepted Answer

As of May 2026, there are 55 active homes for sale in Hyrum, Utah with 86 new listings added recently. In the most recent reporting period, 32 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 86 new listings recently added to the market, with prices starting from $259,999. 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 $449,000.

Question 6

How does Hyrum compare to the Utah state average?

Accepted Answer

Hyrum home prices are 13.3% below the Utah state median of $517,990, with a local median of $449,000. Homes sell faster than the state average — 71 days in Hyrum vs 72 days statewide (1.6% 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 $449,000, compared to the statewide median of $517,990 — a difference of $68,990 (-13.3%). 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 71 days, compared to 72 days statewide (1.6% below average). This faster pace signals strong buyer demand in the area. The overall market temperature is considered warm.

Question 9

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

Accepted Answer

Home prices in Hyrum, Utah have decreased by 18.8% over the past year. The median sale price went from $520,000 to $422,000. This decline may signal a shifting market that favors buyers. 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 showing mixed signals, with prices down 18.8% year-over-year and days on market decreasing by 24.7%. The market temperature is rated "warm" based on current conditions. Hyrum’s median home price of $449,000 is about 13.5% lower than the Utah median of $518,888, while days on market (71) are essentially on par with the state average (72) and the sale‑to‑list ratio (99.5%) is slightly higher. 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 May 2025, the median home sale price in Hyrum, Utah was $520,000. Today, the median is $422,000, representing a change of -18.8% ($98,000 decrease). During that same period, the average days on market went from 72 to 54 days.

Question 12

What is the current market outlook for Hyrum, Utah?

Accepted Answer

Hyrum’s residential market is showing a warm temperature, driven by a sharp 31.9% month‑over‑month price increase that has lifted the median home price to $449,000 despite it remaining 13.5% below the state median. Buyers are paying almost full price (99.5% of list) and homes are moving quickly, with an average of 71 days on market—virtually identical to the Utah average. The limited supply of 55 active listings against 32 recent sales points to tightening inventory, especially in the single‑family segment (39 active, 13 under contract).

On the macro side, mortgage rates have edged higher over the past month, rising from 6.24% to 6.35% for the 30‑year loan, while the 15‑year rate remains near 5.7%. Unemployment is stable at 4.3% nationally and 3.6% in Utah, and consumer sentiment has held steady around the mid‑50s. Housing starts and permits remain robust, supporting continued construction activity. Together, these factors suggest a market that is still attracting buyers, but with rising financing costs and limited inventory, price growth may moderate in the near term. The market temperature is rated "warm." Hyrum’s median home price of $449,000 is about 13.5% lower than the Utah median of $518,888, while days on market (71) are essentially on par with the state average (72) and the sale‑to‑list ratio (99.5%) is slightly higher.

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 is $449K, 13.5% below the Utah median, yet it jumped 31.9% month‑over‑month.. Sellers are achieving 99.5% of list price, indicating strong buyer willingness to meet asking prices.. Inventory is tight: 55 active listings (39 SFR, 16 condo/townhome) versus 32 closed sales in the past three months.. 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 $259,999 to $2,825,000, with a median price of $449,000. The standard deviation is $377,428, 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 (-1.7% YoY), while townhomes/condos are $315,000 (-14.8% YoY). SFRs sell in 44 days vs 31 days for condos. Single-family homes are appreciating faster. 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 $187. The average home size is 2,471 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 6.35% and Utah's unemployment rate is 3.6%, with Hyrum's market rated as "warm." Prices are stabilizing at 18.8% year-over-year. Strong demand means well-priced homes move quickly — being pre-approved helps. 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

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Hyrum Real Estate FAQ

Frequently Asked Questions About Hyrum Real Estate