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Featured local agent — Herriman, UT
Sarah Mitchell
Compass Real Estate · Herriman, UT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Herriman, UT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$559,000median sale price
How is the Herriman, UT housing market right now?
The median home sale price in Herriman, UT is $559,000, down 9.4% year-over-year. Homes sell in an average of 43 days with 255 active listings. The market is currently a balanced 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 Herriman a buyer's or seller's market?
Herriman, UT is currently a balanced market, based on 3.8 months of supply and homes selling in about 43 days. How we determine this →
Homes sold
67
Last 12 weeks
Days on market
43
Average pace
Active listings
255
3.8 months supply
Sale-to-list
99.5%
Below asking
What does the Herriman housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $559,000 |
| Median list price | $643,900 |
| Year-over-year price change | -9.4% |
| Average days on market | 43 days |
| Active inventory | 255 listings |
| Months of supply | 3.8 months |
| Sale-to-list price ratio | 99.5% |
| Median price per sq ft | $222/sq ft |
| Homes sold (latest month) | 67 |
| New listings (latest month) | 111 |
| Listings with a price cut | 32.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Herriman by property type?
How the Herriman, 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 | $687,750 | $217/sq ft | 34 | 31 days |
| Condo / Co-op | $335,000 | $263/sq ft | 11 | 80 days |
| Townhouse | $442,152 | $214/sq ft | 22 | 60 days |
Source: Redfin · Updated monthly
The Herriman housing market is currently classified as a balanced market with a median sale price of $559,000. Prices have fallen 9.4% compared to last year, with homes spending an average of 43 days on market, indicating 3.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.1x provides context for how home values compare to local earning capacity.
Homes for sale in Herriman
There are currently 255 homes listed for sale in Herriman, Utah. The median listing price is $644K.
Active listings
255
Homes on market
Median list price
$644K
Avg. days on market
43
Days until sale
New this week
111
Newly listed
Who lives in Herriman?
Population
57,336
Median income
$118,446/yr
Median age
28.8 years
Owner-occupied
81.5%
College grads
41.9%
Avg commute
27.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Herriman?
Zillow home value
$609,118
Zillow rent index
$1,931/mo
Price-to-rent ratio
26.3x
Price-to-income
5.1x
Source: Zillow Research
What is it like to live in Herriman?
Herriman is a community of approximately 57K residents with a median age of 28.8 years.The median household income is $118,446, which reflects a relatively affluent area with strong earning potential. 41.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 81.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Herriman offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Herriman?
15 schools tracked · 16,197 students
The largest public schools serving Herriman, 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.
Mountain Ridge High
Grades 10-12 · 2,598 students
Herriman High
Grades 10-12 · 2,415 students
Providence Hall
Grades K-12 · 2,104 students
Fort Herriman Middle
Grades 7-9 · 1,235 students
Ridge View Elementary
Grades K-6 · 1,147 students
Copper Mountain Middle
Grades 7-9 · 1,058 students
Blackridge School
Grades K-6 · 865 students
Silver Crest School
Grades K-6 · 859 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 Herriman, UT?
Want a head-to-head view? Compare Herriman side-by-side with any other U.S. city using our market-comparison tool.
Is Herriman a good real estate investment market?
For investors evaluating Herriman, the price-to-rent ratio of 26.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 9.4% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Herriman's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Herriman's median home price.
Frequently asked questions
What is the average home price in Herriman?
The median home sale price in Herriman is $559,000, down 9.4% from last year.
How long do homes stay on market in Herriman?
Homes typically spend 43 days on market before going under contract.
What is the median income in Herriman?
The median household income is $118,446 per year.
Is Herriman a buyer's or seller's market?
With 3.8 months of supply, Herriman is currently a balanced market.
What is the Zillow home value estimate for Herriman?
The Zillow Home Value Index (ZHVI) for Herriman is $609,118, representing the typical home value in the area.
What is the median condo price in Herriman?
The median condo/co-op sale price in Herriman, UT is $335,000, compared to $687,750 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Herriman?
The median single-family home price in Herriman, UT is $687,750 (about $217 per square foot).
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