Lake Point, UT

Buyer's market+21.3% YoY

Housing market overview · Updated weekly

$719,995median sale price

Homes sold

4

Last 12 weeks

Days on market

184

Average pace

Active listings

30

7.5 months supply

Sale-to-list

100.9%

Above asking

The Lake Point housing market is currently classified as a buyer's market with a median sale price of $719,995. Prices have risen 21.3% compared to last year, with homes spending an average of 184 days on market, indicating 7.5 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 Lake Point

There are currently 30 homes listed for sale in Lake Point, Utah. The median listing price is $575K.

Active listings

30

Homes on market

Median list price

$575K

Avg. days on market

184

Days until sale

New this week

3

Newly listed

Price drops:13.3%of listings
Sale-to-list:100.9%

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Frequently asked questions

What is the average home price in Lake Point?

The median home sale price in Lake Point is $719,995, up 21.3% from last year.

How long do homes stay on market in Lake Point?

Homes typically spend 184 days on market before going under contract.

Is Lake Point a buyer's or seller's market?

With 7.5 months of supply, Lake Point is currently a buyer's market.

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