Market Overview
coolingWashington Terrace’s median home price is roughly $125 K (23.8%) below the Utah median, yet homes sell 33% faster and at 99.9% of list price.- •Median price fell 9.8% month‑over‑month, indicating buyer‑side pressure.
- •Average days on market is 41 days, well under the state average of 61 days.
- •Mortgage rates have risen from 6.11% to 6.46% over the past six months, adding about $100 to a $400 K loan’s monthly payment.
- •Single‑family homes remain the dominant segment, with 20 sales and a modest 1.3% YoY price increase, while townhomes/condos dropped 34.3% YoY.
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Frequently Asked Questions About Washington Terrace Real Estate
As of July 2026, the median home price in Washington Terrace, Utah is $400,000, which is 23.8% below the Utah state median of $525,000. Home prices in Washington Terrace range from $259,000 to $624,900, with an average sale price of $416,173. These figures are based on recent closed transactions in the Washington Terrace real estate market.
Washington Terrace, Utah is currently a cooling market that is shifting toward buyers. Key indicators include an average sale-to-list price ratio of 99.9% and homes spending an average of 41 days on the market. Washington Terrace’s median home price is roughly $125 K (23.8%) below the Utah median, yet homes sell 33% faster and at 99.9% of list price.
Homes in Washington Terrace, Utah spend an average of 41 days on the market before going under contract compared to the Utah state average of 61 days (33.0% 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.