Market Overview
coolingKanab’s median home price is about 27% below the Utah median, and its 16 months of inventory signals a strong buyer’s market.- •Median price ($375K) is 27% lower than the state median, yet prices rose 10% month‑over‑month, hinting at a possible rebound.
- •Two‑thirds of listings (66.7%) have price cuts, with 93% of adjustments being reductions, indicating sellers are aggressively pricing down.
- •Months of inventory sit at 16, far above the 6‑month threshold for a buyer’s market, while average days on market (65) are quicker than the state average (72).
- •Deal fall‑through rate is high at 20%, suggesting caution for buyers negotiating pending contracts.
- •Lifestyle scores are strong: broadband access at 96.5%, recreation access 64.7/100, and 21% of homes feature pools.
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Frequently Asked Questions About Kanab Real Estate
As of May 2026, the median home price in Kanab, Utah is $394,000, which is 23.9% below the Utah state median of $517,990. Home prices in Kanab range from $299,000 to $2,500,000, with an average sale price of $422,641. These figures are based on recent closed transactions in the Kanab real estate market.
Kanab, Utah is currently a cooling market that is shifting toward buyers. Key indicators include an average sale-to-list price ratio of 96.7% and homes spending an average of 111 days on the market. Kanab’s median home price is about 27% below the Utah median, and its 16 months of inventory signals a strong buyer’s market.
Homes in Kanab, Utah spend an average of 111 days on the market before going under contract compared to the Utah state average of 72 days (53.9% 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.