Homes for Sale in Layton, Utah

Layton’s residential market is entering a cooling phase. Prices have slipped 9.1% from the prior month, leaving the median home price $498,900—about 2.2% lower than the Utah statewide median. Despite the price dip, homes are moving quickly, with an average of 68 days on market, 11 days faster than the state average, and a sale‑to‑list ratio of 99.1%, suggesting buyers are still motivated but have more negotiating power. Inventory is relatively high, with 290 new listings and 157 closed transactions over the past three months, and the active‑under‑contract split (SFR 91 active/64 under contract; townhomes 63 active/16 under contract) points to a balanced supply that can accommodate price concessions. On the macro side, mortgage rates have been trending upward, with the 30‑year rate climbing from 6.26% in October 2025 to 6.42% in April 2026, and the 15‑year rate rising from 5.50% to 5.76% over the same period. Unemployment remains stable (U.S. 4.4%, Utah 3.6%) and consumer sentiment has held steady around 56, while housing starts have risen, indicating continued construction activity. The upcoming Phase 2 of the Layton Station mixed‑use project will introduce 252 new residential units and additional retail/office space, adding supply but also enhancing the neighborhood’s appeal. Meanwhile, the city’s crackdown on cryptocurrency ATMs underscores a protective regulatory environment, which may reassure residents but has limited direct effect on housing demand. Overall, buyers can expect modest price concessions, faster transaction timelines, and a market that is shifting from neutral toward a more buyer‑friendly, cooling stance.