Lake Point, UT
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
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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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