Name: Millcreek Real Estate Market Data
Creator: Propaired

Question 1

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

Accepted Answer

As of July 2026, the median home price in Millcreek, Utah is $650,000, which is 23.8% above the Utah state median of $525,000. Home prices in Millcreek range from $214,000 to $4,495,000, with an average sale price of $733,283. These figures are based on recent closed transactions in the Millcreek real estate market.

Question 2

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

Accepted Answer

Millcreek, Utah is currently a warm market that leans slightly toward sellers. Key indicators include an average sale-to-list price ratio of 98.7% and homes spending an average of 38 days on the market. Millcreek’s median home price is roughly 24% above the Utah average, and homes sell about 40% faster with a 98.7% sale‑to‑list ratio.

Question 3

How long do homes stay on the market in Millcreek?

Accepted Answer

Homes in Millcreek, Utah spend an average of 38 days on the market before going under contract compared to the Utah state average of 61 days (37.3% 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 Millcreek, Utah?

Accepted Answer

As of July 2026, there are 118 active homes for sale in Millcreek, Utah with 191 new listings added recently. In the most recent reporting period, 100 transactions closed in Millcreek. 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 Millcreek, Utah?

Accepted Answer

Yes — Millcreek currently has 191 new listings recently added to the market, with prices starting from $214,000. 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 Millcreek is $650,000.

Question 6

How does Millcreek compare to the Utah state average?

Accepted Answer

Millcreek home prices are 23.8% above the Utah state median of $525,000, with a local median of $650,000. Homes sell faster than the state average — 38 days in Millcreek vs 61 days statewide (37.3% below average). The sale-to-list ratio is 98.7% locally vs 99.0% statewide.

Question 7

Are homes in Millcreek more expensive than the Utah average?

Accepted Answer

Yes, homes in Millcreek are more expensive than the Utah state average. The median home price in Millcreek is $650,000, compared to the statewide median of $525,000 — a difference of $125,000 (+23.8%). The premium reflects demand for the area's amenities, schools, and location.

Question 8

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

Accepted Answer

Yes, homes in Millcreek sell faster than the Utah average. The average days on market in Millcreek is 38 days, compared to 61 days statewide (37.3% 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 Millcreek over the past year?

Accepted Answer

Home prices in Millcreek, Utah have increased by 18.6% over the past year. The median sale price went from $617,000 to $732,000. This strong appreciation reflects growing demand in the area. Check the Millcreek market trends section above for detailed charts.

Question 10

Is the Millcreek housing market heating up or cooling down?

Accepted Answer

The Millcreek housing market is currently heating up, with prices up 18.6% year-over-year and days on market decreasing by 48.0%. The market temperature is rated "warm" based on current conditions. Millcreek’s median home price is roughly 24% above the Utah average, and homes sell about 40% faster with a 98.7% sale‑to‑list ratio. Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 11

What were Millcreek home prices this time last year?

Accepted Answer

In July 2025, the median home sale price in Millcreek, Utah was $617,000. Today, the median is $732,000, representing a change of +18.6% ($115,000 increase). During that same period, the average days on market went from 50 to 26 days.

Question 12

What is the current market outlook for Millcreek, Utah?

Accepted Answer

Millcreek’s residential market remains robust, with the median closed price at $650,000—about 24% above the Utah statewide median. Prices are accelerating, reflected in a 12.6% month‑over‑month increase, while inventory is tight: homes sell in just 38 days (well under the 61‑day state average) and achieve a 98.7% sale‑to‑list ratio. Single‑family homes command a premium (median $793K, $336 per sq ft) and townhomes/condos are also strong at $460K, $289 per sq ft. The volume of closed transactions (100) versus new listings (191) over the past three months suggests demand is outpacing supply, keeping the market on the warmer side of neutral.

However, the broader economic backdrop is beginning to temper enthusiasm. Mortgage rates have edged upward from 6.06% in February to 6.46% in July—a 0.4‑point rise that aligns with recent statewide news of rates climbing above 6.5% and pending sales slipping. Unemployment remains stable (Utah 3.6%, US ~4.2%) and consumer sentiment is flat, but real‑estate sentiment indices have dipped slightly (Utah RE Sentiment from 69 to 64). While the market’s fundamentals in Millcreek stay strong, the rising cost of borrowing and modest sentiment softening suggest a shift toward a more balanced, warm market rather than a hot, overheated one. The market temperature is rated "warm." Millcreek’s median home price is roughly 24% above the Utah average, and homes sell about 40% faster with a 98.7% sale‑to‑list ratio.

Question 13

What are the key highlights of the Millcreek housing market?

Accepted Answer

Key highlights of the Millcreek, Utah housing market include: Median closed price $650K, 23.8% higher than the state median of $525K.. Homes spend only 38 days on market versus the state average of 61 days (‑37.3%).. Sale‑to‑list ratio is 98.7%, indicating buyers are paying near asking price.. Single‑family homes sold at a median $793K (+13.3% YoY) with $336/sq ft; townhomes/condos at $460K (+7% YoY) with $289/sq ft.. 30‑year mortgage rates have risen from 6.06% in February 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 Millcreek, Utah?

Accepted Answer

Homes in Millcreek, Utah range from $214,000 to $4,495,000, with a median price of $650,000. The standard deviation is $508,031, 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

What is the internet quality in Millcreek, Utah?

Accepted Answer

Millcreek has an average broadband download speed of 9185 Mbps and 100% of homes have access to fiber internet. Top internet providers include Utah Telecommunication Open Infrastructure Agency, Google Fiber, Quantum Fiber. This is above average for Utah, supporting remote work and streaming. Residents have an average of 13.3 provider options.

Question 16

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

Accepted Answer

In Millcreek, single-family homes have a median price of $793,000 (+13.3% YoY), while townhomes/condos are $460,000 (+7.0% YoY). SFRs sell in 18 days vs 33 days for condos. Single-family homes are appreciating faster. Both property types are available with AI-powered search on Propaired.

Question 17

What is the price per square foot in Millcreek?

Accepted Answer

The median price per square foot in Millcreek, Utah is $316. The average home size is 2,274 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 18

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

Accepted Answer

The 30-year mortgage rate is currently 6.46% and Utah's unemployment rate is 3.6%, with Millcreek's market rated as "warm." Prices are rising at 18.6% 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 19

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

Accepted Answer

Historically, April offers the most new listings in Millcreek, 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 Millcreek

$679,900

$214,000

$569,000

$675,000

$273,900

$875,000

$485,000

$289,999

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$3,499,999

$739,900

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Deals & Lifestyle in Millcreek

$679,900

$214,000

$569,000

$675,000

$273,900

$875,000

$485,000

$289,999

$400,000

$3,499,999

$739,900

$345,000

$679,900

$569,000

$675,000

$3,499,999

$829,900

$550,000

$549,900

$230,000

$679,900

$875,000

$739,900

$549,900

$699,900

$890,000

$575,000

$1,310,000

$1,050,000

$1,200,000

$1,900,000

$625,000

$499,900

$497,500

$7,220,000

$622,587

$995,000

$1,200,000

$379,900

Highlights in Millcreek

$7,220,000

$4,495,000

$3,800,000

$3,499,999

$2,800,000

$2,575,000

$2,395,000

$2,000,000

$1,900,000

$1,595,000

$1,545,000

$1,499,000

$699,000

$324,900

$1,149,000

$1,250,000

$555,000

$535,000

$725,000

$749,000