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Featured local agent — Enterprise, UT
Sarah Mitchell
Compass Real Estate · Enterprise, UT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Enterprise, UT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$365,000median sale price
How is the Enterprise, UT housing market right now?
The median home sale price in Enterprise, UT is $365,000, down 30.5% year-over-year. Homes sell in an average of 97 days with 14 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Enterprise a buyer's or seller's market?
Enterprise, UT is currently a buyer's market, based on 14.0 months of supply and homes selling in about 97 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
97
Average pace
Active listings
14
14.0 months supply
Sale-to-list
—
Below asking
What does the Enterprise housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $365,000 |
| Median list price | $609,950 |
| Year-over-year price change | -30.5% |
| Average days on market | 97 days |
| Active inventory | 14 listings |
| Months of supply | 14.0 months |
| Median price per sq ft | $177/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Listings with a price cut | 50.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Enterprise by property type?
How the Enterprise, UT market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $365,000 | $177/sq ft | 1 | 97 days |
| Townhouse | $279,900 | $206/sq ft | 1 | 15 days |
Source: Redfin · Updated monthly
The Enterprise housing market is currently classified as a buyer's market with a median sale price of $365,000. Prices have fallen 30.5% compared to last year, with homes spending an average of 97 days on market, indicating 14.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.8x provides context for how home values compare to local earning capacity.
Homes for sale in Enterprise
There are currently 14 homes listed for sale in Enterprise, Utah. The median listing price is $610K.
Active listings
14
Homes on market
Median list price
$610K
Avg. days on market
97
Days until sale
New this week
2
Newly listed
Who lives in Enterprise?
Population
1,543
Median income
$72,407/yr
Median age
30 years
Owner-occupied
85.4%
College grads
18.8%
Avg commute
32.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Enterprise?
Zillow home value
$420,501
Price-to-income
5.8x
Source: Zillow Research
What is it like to live in Enterprise?
Enterprise is a community of approximately 2K residents with a median age of 30 years.The median household income is $72,407, which represents a working-class community with solid middle-income opportunities. 18.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 85.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Enterprise offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Enterprise?
2 schools tracked · 1,016 students
The largest public schools serving Enterprise, UT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Enterprise High
Grades 7-12 · 558 students
Enterprise School
Grades PK-6 · 458 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Enterprise, UT?
Want a head-to-head view? Compare Enterprise side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Enterprise?
The median home sale price in Enterprise is $365,000, down 30.5% from last year.
How long do homes stay on market in Enterprise?
Homes typically spend 97 days on market before going under contract.
What is the median income in Enterprise?
The median household income is $72,407 per year.
Is Enterprise a buyer's or seller's market?
With 14.0 months of supply, Enterprise is currently a buyer's market.
What is the Zillow home value estimate for Enterprise?
The Zillow Home Value Index (ZHVI) for Enterprise is $420,501, representing the typical home value in the area.
How much does a single-family home cost in Enterprise?
The median single-family home price in Enterprise, UT is $365,000 (about $177 per square foot).
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