Markets › Utah
Utah housing market
In the Beehive State, part of the Census Bureau's Mountain division, Pecan Street tracks five markets. Median sale prices run from $461K in Logan to $550K in Salt Lake City over Jul–Sep 2026. Three of five are higher than a year earlier and two are lower; Provo leads at +4.2% and Ogden trails at -2.2%.
Homes sit longest in St. George (72 median days on market) and sell fastest in Ogden (58 days). The share of active listings with a price cut runs from 29% in Logan to 57% in Salt Lake City. Price-to-rent ratios run from about 19 in Ogden to 24 in Provo, measured as years of HUD Fair Market Rent per median sale price. Among the 385 U.S. metros Pecan Street tracks, the Salt Lake City metro has the 11th-highest share of listings with a price cut and the Ogden metro the 37th-slowest year-over-year price growth. Utah's unemployment rate was 3.5% in Sep 2026 (BLS via FRED), below the national rate of 4.2%.
Markets at a glance
| Market | Median sale price | YoY | Days on market | Price-cut share | Price-to-rent |
|---|---|---|---|---|---|
| Logan | $461K | +4.1% | 66 | 29% | ≈ 22 |
| Ogden | $488K | -2.2% | 58 | 54% | ≈ 19 |
| Provo | $533K | +4.2% | 64 | 46% | ≈ 24 |
| Salt Lake City | $550K | -0.2% | 58 | 57% | ≈ 21 |
| St. George | $548K | +0.1% | 72 | 34% | ≈ 21 |
Median sale price and year-over-year change from Redfin (rolling three months); median days on market and the share of active listings with a price cut from Realtor.com; price-to-rent is each market page's figure (its median sale price over a year of HUD Fair Market Rent). Figures are per metro market, not statewide.
Recent signals
No market signals flagged across this state right now.