Cedar City, UT

Buyer's market-0.3% YoY

Housing market overview · Updated weekly

$399,000median sale price

Homes sold

45

Last 12 weeks

Days on market

78

Average pace

Active listings

257

5.7 months supply

Sale-to-list

98.8%

Below asking

The Cedar City housing market is currently classified as a buyer's market with a median sale price of $399,000. Prices have fallen 0.3% compared to last year, with homes spending an average of 78 days on market, indicating 5.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Cedar City

There are currently 257 homes listed for sale in Cedar City, Utah. The median listing price is $415K.

Active listings

257

Homes on market

Median list price

$415K

Avg. days on market

78

Days until sale

New this week

79

Newly listed

Price drops:26.9%of listings
Sale-to-list:98.8%

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Frequently asked questions

What is the average home price in Cedar City?

The median home sale price in Cedar City is $399,000, down 0.3% from last year.

How long do homes stay on market in Cedar City?

Homes typically spend 78 days on market before going under contract.

Is Cedar City a buyer's or seller's market?

With 5.7 months of supply, Cedar City is currently a buyer's market.

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