Utah's median list price reached $575,000 in October 2026, representing a 1.7% decrease from a year earlier, according to a November 13 report from AgentCOS. The housing market saw 15,457 homes for sale during the month, an 8.5% increase over the previous year.
The report noted that Utah's median list price is the 8th highest across 50 states and D.C. While inventory grew by 8.5%, the number of homes for sale was 34.7% higher than in the same month of 2019. The median number of days on market for a listing was 71 days, compared to a U.S. median of 63 days. Additionally, 24.7% of listings in Utah received a price cut during October 2026.
In the Salt Lake City-Murray, UT metro area, the median list price was $559,000, a 3.5% decrease from the previous year, with 4,030 homes available. Other metro statistics for October 2026 included a median list price of $600,000 in St. George and $565,000 in the Provo-Orem-Lehi, UT metro. In Heber, UT, the median list price was $1,579,000, reflecting a 10.0% increase.
Regarding affordability, the principal and interest for Utah's median-priced listing, based on a 30-year fixed rate of 7.11% with 20% down, was approximately $3,094 per month. This is higher than the U.S. median monthly payment of $2,233. The 7.11% mortgage rate was recorded for the week of November 12, 2026.
On the FHFA house price index, Utah home values rose 2.6% over the year for the quarter beginning April 2026. In the state legislature, H.B. 441, which sought to change how property transaction prices are reported, failed in March 2026. Additionally, SB 60 was signed on March 23, 2026, reducing the Utah flat income tax rate to 4.45% for 2026.
