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Utah Entry-Level New Home Market Trends for October 2026

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newhomesadvisory.com

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Utah Entry-Level New Home Market Trends for October 2026
Photo via newhomesadvisory.com
In a report published October 3, 2026, New Homes Advisory detailed the current market for entry-level new builds in Utah and Salt Lake counties. The data highlights available townhomes, single-family homes, and condos, noting price variations and common features across different Utah communities.

Key takeaways

  • Townhomes under $450,000 are common in Payson, Herriman, and South Jordan.
  • Single-family homes under $500,000 are most prevalent in Eagle Mountain.
  • Condo prices in Salt Lake County have a middle range of approximately $355,000.
  • HOA dues and lot premiums are critical costs often omitted from base prices.
  • Square footage in single-family homes frequently includes unfinished basement space.

Entry-level new construction options in Utah and Salt Lake counties are shaped by varying price points for townhomes, condos, and single-family homes, according to a report published October 3, 2026. The data, sourced from builder websites, provides a snapshot of the market for first-time homebuyers looking for specific sizes and locations.

Townhomes represent the most common starter new build option. As of October 3, 2026, 104 townhomes were listed for under $450,000 from 18 different builders, with many located in Payson, Salem, Herriman, South Jordan, Eagle Mountain, and Saratoga Springs. Of these, 41 are listed under $400,000, primarily in Payson, Eagle Mountain, Salem, and Santaquin. Most of these units feature three bedrooms and 2.5 bathrooms, and approximately one-third are finished and ready for move-in.

Single-family homes under $550,000 include 50 listings, with 28 of those priced under $500,000. These homes are mostly located in Eagle Mountain, with additional availability in Saratoga Springs, Salem, and Clearfield. Most of these properties include three or four bedrooms and 2.5 bathrooms, and about half are move-in ready. The report notes that single-family square footage often includes an unfinished basement, and buyers should verify finished square footage and basement finishing costs.

Condo pricing varies by county, with typical new condos measuring about 1,270 square feet. In Utah County, the middle of the price range is approximately $315,000, while in Salt Lake County, the middle range is about $355,000. In Salt Lake County, condos start around $340,000, compared to starting prices of around $300,000 in Utah County.

The report advises buyers to account for costs not included in base prices, such as HOA dues and lot premiums for features like corner lots or views. For condos, the site provided sourced estimates for about two-thirds of the listings, with dues ranging from $335 to $350 a month. For townhomes under $450,000, dues for about a quarter of the listings were estimated between $210 and $340. Builders may also offer incentives regarding closing costs and interest rates, though these often require using the builder's lender.

Prospective buyers are encouraged to ask builders about HOA coverage, the inclusion of upgrades in the listed price, and the estimated completion dates for homes currently under construction. For those looking to search by monthly payment or price, the New Homes Advisory site is available for use.

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CategoryNews
CitySalt Lake County
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