Elk Ridge, UT

Leaning buyer's-6.4% YoY

Housing market overview · Updated weekly

$655,000median sale price

Homes sold

4

Last 12 weeks

Days on market

158

Average pace

Active listings

20

5.0 months supply

Sale-to-list

99.0%

Below asking

The Elk Ridge housing market is currently classified as a leaning buyer's with a median sale price of $655,000. Prices have fallen 6.4% compared to last year, with homes spending an average of 158 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Elk Ridge

There are currently 20 homes listed for sale in Elk Ridge, Utah. The median listing price is $734K.

Active listings

20

Homes on market

Median list price

$734K

Avg. days on market

158

Days until sale

New this week

6

Newly listed

Price drops:60.0%of listings
Sale-to-list:99.0%

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Frequently asked questions

What is the average home price in Elk Ridge?

The median home sale price in Elk Ridge is $655,000, down 6.4% from last year.

How long do homes stay on market in Elk Ridge?

Homes typically spend 158 days on market before going under contract.

Is Elk Ridge a buyer's or seller's market?

With 5.0 months of supply, Elk Ridge is currently a leaning buyer's.

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