Homes for Sale in Taylorsville, Utah

Taylorsville’s residential market remains vibrant despite a neutral overall regime. The median closed price of $485,000 is 4.9 % lower than the Utah median, yet the city is experiencing an 11.9 % month‑over‑month price increase, a 99 % sale‑to‑list ratio, and an average of just 67 days on market—14.6 % faster than the state. Inventory is modest but not scarce, with 177 new listings and 105 closed transactions in the last three months, and active listings of 53 single‑family homes and 20 townhomes/condos, suggesting buyers still have choices while competition stays high. Economic indicators support this warm temperature. Over the past six months, 30‑year mortgage rates fell from 6.26 % to a low of 6.06 % before nudging up to 6.13 % and 6.43 % in the most recent month, aligning with the “rate direction: rising” note. Utah’s unemployment has held steady at 3.6 %, and consumer sentiment remains solid at 56.4, indicating a stable local economy. Recent statewide news about mortgage rates hovering near a three‑year low and regulatory updates (e‑bike law) suggest a generally favorable environment for homebuyers, though the slight uptick in rates may temper aggressive bidding in the near term. Overall, Taylorsville offers a balanced yet slightly warm market for buyers seeking value below the state median with swift transaction timelines.