Name: Springville Real Estate Market Data
Creator: Propaired

Question 1

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

Accepted Answer

As of July 2026, the median home price in Springville, Utah is $432,000, which is 17.7% below the Utah state median of $525,000. Home prices in Springville range from $199,500 to $38,000,000, with an average sale price of $506,919. These figures are based on recent closed transactions in the Springville real estate market.

Question 2

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

Accepted Answer

Springville, Utah is currently a cooling market that is shifting toward buyers. Key indicators include an average sale-to-list price ratio of 99.8% and homes spending an average of 42 days on the market. Springville’s median home price is roughly $93 K (‑18%) below the Utah median, yet homes sell faster (42 days vs 61 state) and at near‑list prices.

Question 3

How long do homes stay on the market in Springville?

Accepted Answer

Homes in Springville, Utah spend an average of 42 days on the market before going under contract compared to the Utah state average of 61 days (30.5% 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 Springville, Utah?

Accepted Answer

As of July 2026, there are 108 active homes for sale in Springville, Utah with 145 new listings added recently. In the most recent reporting period, 65 transactions closed in Springville. 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 Springville, Utah?

Accepted Answer

Yes — Springville currently has 145 new listings recently added to the market, with prices starting from $199,500. 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 Springville is $432,000.

Question 6

How does Springville compare to the Utah state average?

Accepted Answer

Springville 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 — 42 days in Springville vs 61 days statewide (30.5% below average). The sale-to-list ratio is 99.8% locally vs 99.0% statewide.

Question 7

Are homes in Springville more expensive than the Utah average?

Accepted Answer

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

Question 8

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

Accepted Answer

Yes, homes in Springville sell faster than the Utah average. The average days on market in Springville is 42 days, compared to 61 days statewide (30.5% below average). This faster pace signals strong buyer demand in the area. The overall market temperature is considered cooling.

Question 9

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

Accepted Answer

Home prices in Springville, Utah have decreased by 46.4% over the past year. The median sale price went from $462,500 to $248,000. This decline may signal a shifting market that favors buyers. Check the Springville market trends section above for detailed charts.

Question 10

Is the Springville housing market heating up or cooling down?

Accepted Answer

The Springville housing market is currently showing mixed signals, with prices down 46.4% year-over-year and days on market decreasing by 13.8%. The market temperature is rated "cooling" based on current conditions. Springville’s median home price is roughly $93 K (‑18%) below the Utah median, yet homes sell faster (42 days vs 61 state) and at near‑list prices. Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 11

What were Springville home prices this time last year?

Accepted Answer

In July 2025, the median home sale price in Springville, Utah was $462,500. Today, the median is $248,000, representing a change of -46.4% ($214,500 decrease). During that same period, the average days on market went from 55 to 48 days.

Question 12

What is the current market outlook for Springville, Utah?

Accepted Answer

Springville’s residential market is currently in a cooling phase. The median closed price of $432,000 is 17.7% lower than the Utah state median, and a sharp 47.2% month‑over‑month price drop reflects strong downward pressure. Despite the price decline, homes are moving quickly—average days on market is 42, well under the state’s 61‑day average—and the sale‑to‑list ratio remains near 100%, showing that buyers are still willing to meet asking prices when they find suitable properties. Inventory is plentiful, with 146 new listings versus only 65 closed transactions over the last three months, giving buyers a broad selection of both single‑family homes (71 active) and townhomes/condos (35 active).

On the macro side, mortgage rates have been inching upward for the past six months, climbing from 6.06% in February to 6.46% in July, and recent news reports confirm a recent spike to 6.51% for 30‑year fixed loans. This rate increase adds roughly $100 to the monthly payment on a $400 K loan, dampening buying power and contributing to the price softening. Unemployment remains stable (Utah 3.6%, national ~4.3%) and consumer sentiment is flat, so the broader economy is not driving a sharp demand surge. Combined with stable housing starts and permits, the data suggest a balanced but cooling market where price concessions are likely, making it a favorable environment for price‑sensitive buyers. The market temperature is rated "cooling." Springville’s median home price is roughly $93 K (‑18%) below the Utah median, yet homes sell faster (42 days vs 61 state) and at near‑list prices.

Question 13

What are the key highlights of the Springville housing market?

Accepted Answer

Key highlights of the Springville, Utah housing market include: Median price fell 47.2% month‑over‑month, pulling the market well below the state average.. Inventory is ample with 146 new listings and only 65 closed sales in the past three months.. Sale‑to‑list ratio sits at 99.8%, indicating buyers are paying almost full asking price despite price declines.. 30‑year mortgage rates have risen from 6.06% in February to 6.46% in July, adding roughly $100 to a $400 K loan payment.. Single‑family homes sell for a median $486.5 K (‑8.2% YoY) while townhomes/condos sit at $327.5 K (‑18.1% YoY).. These insights are derived from recent MLS transaction data and local market analysis.

Question 14

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

Accepted Answer

Homes in Springville, Utah range from $199,500 to $38,000,000, with a median price of $432,000. The standard deviation is $3,813,271, 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 are the best schools in Springville, Utah?

Accepted Answer

Springville has 12 schools. The top-rated schools based on state performance scores include: Springville High (59.1% score), 1,664 students; Reagan Academy (56% score), 683 students; Art City School (54.7% score), 415 students. School ratings are based on Utah State Board of Education achievement and growth metrics. Explore all Springville schools and nearby homes for sale on Propaired.

Question 16

How do Springville schools compare to the state average?

Accepted Answer

Of the 12 schools in Springville, 0 (0%) are rated as high-performing and 0 have strong academics indicators. Families should research individual school ratings on our Springville schools page for detailed performance breakdowns.

Question 17

Are there STEM or specialty schools in Springville?

Accepted Answer

Yes, Springville has 4 schools with STEM excellence indicators, including Springville High, Art City School, Cherry Creek School. These schools demonstrate above-average performance in math, science, or both according to Utah state assessments.

Question 18

What is the internet quality in Springville, Utah?

Accepted Answer

Springville has an average broadband download speed of 6887 Mbps and 82% of homes have access to fiber internet. Top internet providers include Google Fiber, Starlink, Utah Telecommunication Open Infrastructure Agency. This is above average for Utah, supporting remote work and streaming. Residents have an average of 10.3 provider options.

Question 19

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

Accepted Answer

In Springville, single-family homes have a median price of $486,500 (-8.2% YoY), while townhomes/condos are $327,500 (-18.1% YoY). SFRs sell in 28 days vs 40 days for condos. Single-family homes are appreciating faster. Both property types are available with AI-powered search on Propaired.

Question 20

What is the price per square foot in Springville?

Accepted Answer

The median price per square foot in Springville, Utah is $241. The average home size is 2,244 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 21

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

Accepted Answer

The 30-year mortgage rate is currently 6.46% and Utah's unemployment rate is 3.6%, with Springville's market rated as "cooling." Prices are stabilizing at 46.4% year-over-year. Current conditions may favor buyers with more negotiating room. Market timing depends on your personal financial situation and goals.

Question 22

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

Accepted Answer

Historically, June offers the most new listings in Springville, 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.

Question 23

Is Springville a safe place to live?

Accepted Answer

Springville has a safety rating of 6.5 out of 10 (10 = safest) based on 2024 BCI NIBRS data. The overall crime rate is 31.3 per 1,000 residents, which is 33% below the statewide average, making it relatively safe with low crime. The violent crime rate is 7.7 per 1,000 residents and the property crime rate is 16.1 per 1,000 residents. (Population: 35,521)

Question 24

What is the crime rate in Springville?

Accepted Answer

In 2024, Springville's total NIBRS crime rate was 31.3 offenses per 1,000 residents. This includes crimes against persons (7.7 per 1K), property crimes (16.1 per 1K), and crimes against society. For comparison, the statewide average is approximately 46.4 per 1,000 residents. Source: Bureau of Criminal Identification NIBRS report.

Market Overview

Key Metrics

Detailed Market Analysis

Advanced Metrics

Trend Charts

Price Distribution & Property Mix

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