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Sarah Mitchell

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Compass Real Estate · Francis, UT

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Francis, UT(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Francis, UT Housing Market

Balanced market-70.1% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The last median sale price Redfin published was $488,475, -70.1% year over year (through May 2026). With 4.4 months of supply and homes going under contract in about 74 days, Francis is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $488,475 home is about $2,608/mo in principal and interest.

Key numbers for Francis, UT

Median sale price

$488,475

-70.1% year over year

Redfin, through May 2026

Days on market

74

Slow-moving

Redfin, through May 2026

Active listings

44

4.4 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$113,500

Home costs 4.3x income

U.S. Census ACS, 2023

Sale-to-list ratio

100.2%

Selling above asking

Redfin, through May 2026

Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Francis a buyer's or seller's market?

Balanced market4.4 months of supply74 days on market100.2% of asking

Francis, UT is a balanced market, based on 4.4 months of supply and homes selling in about 74 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Francis housing market data show?

Every row below is Redfin's final published month for Francis, UT. Redfin, through May 2026

Housing market statistics for Francis, UT, Redfin through May 2026
MetricValue
Median sale price$488,475
Median list price$1.85M
Year-over-year price change-70.1%
Median price per sq ft$349/sq ft
Median days on market74 days
Active inventory44 listings
Months of supply4.4 months
Sale-to-list price ratio100.2%
Homes sold (that month)10
New listings (that month)10
Listings with a price cut6.8%
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Francis is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Francis is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Francis home prices moved?

Over the last three years the median sale price in Francis, UT fell 32.6%, from $725,000 to $488,475. 6.8% of Francis listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 4.4 months while the sale-to-list ratio slips below its current 100.2%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Francis?

Priced off the median sale price of $488,475 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Francis, UT
Down paymentCash at closeLoan amountMonthly P&I
20%$97,695$390,780$2,608/mo
5%$24,424$464,051$3,097/mo

Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,608, that implies roughly $111,761 a year before you add taxes and insurance. The median household in Francis earns $113,500, about $1,739 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.3x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Francis in the next 12 months?

Tell us your timeline. We send the Francis market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Francis?

Zillow does not publish a rent index (ZORI) for Francis, UT, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Francis?

Active listings in Francis, UT went from 30 in May 2025 to 44 in May 2026, a +46.7% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in Francis, UT
MonthActive listingsNew listings
June 2025305
July 20254113
August 2025413
September 2025383
October 20255631
November 20255822
December 20255011
January 2026427
February 20264315
March 20264210
April 20264013
May 20264410

Redfin, through May 2026

How does Francis compare to Utah and the U.S.?

Francis homes sell for $488,475 — 13% below the Utah median of $560,200. Against the national median of $410,700, Francis runs 19% higher. Year-over-year, Francis moved -70.1% against Utah's -0.5% — a bigger swing than the state as a whole.

Francis, UT compared with Utah and the United States
MarketMedian sale priceYoYDays on market
Francis, UT$488,475-70.1%74 days
Utah statewide$560,200-0.5%41 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Francis

What buyers should watch

  • Months of supply, currently 4.4. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 6.8%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $489 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $488,475 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Francis listing goes under contract in 74 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 100.2% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Francis added 10 new listings against 10 sales — more clearing than arriving, which is the better window to list.
  • Comparable ZIP-level pricing inside Francis varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Francis

There are currently 44 homes listed for sale in Francis, Utah. The median listing price is $1.9M.

Active listings

44

Homes on market

Median list price

$1.9M

Avg. days on market

74

Days until sale

New this week

10

Newly listed

Price drops:6.8%of listings
Sale-to-list:100.2%

How much do homes cost in Francis by property type?

How the Francis, UT market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Francis, UT
Property typeMedian pricePrice / sq ftHomes soldDays on market
Condo / co-op$487,138$349/sq ft4141 days
Townhouse$487,138$349/sq ft421 days

Who lives in Francis?

American Community Survey estimates for Francis. U.S. Census ACS, 2023

Population

1,797

Households

508

Median income

$113,500/yr

Median age

36.7 years

Owner-occupied

88.8%

Median home value

$700,900

Median gross rent

$1,583/mo

Mean commute

25.1 min

88.8% of occupied homes in Francis are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.

Which cities are near Francis, UT?

Ordered by distance from Francis, not by size. Compare Francis side by side with any of them.

Francis housing market FAQ

Is Francis a buyer's or seller's market?

Francis, UT is currently a balanced market. That read comes from 4.4 months of supply, homes going under contract in about 74 days, and sellers getting 100.2% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Francis?

The median sale price in the last month Redfin published was $488,475, about $349 per square foot.

Is Francis cheaper than the rest of Utah?

Francis's median sale price of $488,475 is 13% lower than the Utah statewide median of $560,200, and 19% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Francis?

Homes in Francis, UT spent a median of 74 days on market before going under contract, versus 41 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Francis?

At the current 30-year fixed rate of 7.03%, 20% down on a $488,475 home is about $2,608 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $111,761 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $113,500.

Are home prices rising in Francis?

Redfin's last published year-over-year change for Francis, UT was -70.1%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.

What are the cheapest ZIP codes in Francis?

Francis ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Francis?

That depends on your timeline, not on a headline. What the data says today: Francis, UT is a balanced market with 4.4 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $488,475, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.