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Featured local agent — Nephi, UT
Sarah Mitchell
Compass Real Estate · Nephi, UT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Nephi, UT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$499,650median sale price
How is the Nephi, UT housing market right now?
The median home sale price in Nephi, UT is $499,650, up 28.4% year-over-year. Homes sell in an average of 58 days with 26 active listings. The market is currently a seller'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 Nephi a buyer's or seller's market?
Nephi, UT is currently a seller's market, based on 1.9 months of supply and homes selling in about 58 days. How we determine this →
Homes sold
14
Last 12 weeks
Days on market
58
Average pace
Active listings
26
1.9 months supply
Sale-to-list
98.2%
Below asking
What does the Nephi housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $499,650 |
| Median list price | $599,900 |
| Year-over-year price change | +28.4% |
| Average days on market | 58 days |
| Active inventory | 26 listings |
| Months of supply | 1.9 months |
| Sale-to-list price ratio | 98.2% |
| Median price per sq ft | $180/sq ft |
| Homes sold (latest month) | 14 |
| New listings (latest month) | 9 |
| Listings with a price cut | 26.9% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Nephi by property type?
How the Nephi, 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 | $519,000 | $181/sq ft | 13 | 52 days |
| Condo / Co-op | $249,000 | $252/sq ft | 1 | 326 days |
| Townhouse | $425,000 | $145/sq ft | 3 | 229 days |
Source: Redfin · Updated monthly
The Nephi housing market is currently classified as a seller's market with a median sale price of $499,650. Prices have risen 28.4% compared to last year, with homes spending an average of 58 days on market, indicating 1.9 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 4.7x provides context for how home values compare to local earning capacity.
Homes for sale in Nephi
There are currently 26 homes listed for sale in Nephi, Utah. The median listing price is $600K.
Active listings
26
Homes on market
Median list price
$600K
Avg. days on market
58
Days until sale
New this week
9
Newly listed
Who lives in Nephi?
Population
6,700
Median income
$97,348/yr
Median age
31.8 years
Owner-occupied
75.1%
College grads
21.5%
Avg commute
19.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Nephi?
Zillow home value
$460,663
Price-to-income
4.7x
Source: Zillow Research
What is it like to live in Nephi?
Nephi is a community of approximately 7K residents with a median age of 31.8 years.The median household income is $97,348, which reflects a relatively affluent area with strong earning potential. 21.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 75.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Nephi offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Nephi?
5 schools tracked · 2,442 students
The largest public schools serving Nephi, 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.
Juab High
Grades 9-12 · 887 students
Juab Jr High
Grades 6-8 · 648 students
Red Cliff School
Grades PK-6 · 595 students
Nebo View School
Grades K-6 · 312 students
Arizona State University Prep Digital Powered by Juab
Grades 6-12
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 Nephi, UT?
Want a head-to-head view? Compare Nephi side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Nephi?
The median home sale price in Nephi is $499,650, up 28.4% from last year.
How long do homes stay on market in Nephi?
Homes typically spend 58 days on market before going under contract.
What is the median income in Nephi?
The median household income is $97,348 per year.
Is Nephi a buyer's or seller's market?
With 1.9 months of supply, Nephi is currently a seller's market.
What is the Zillow home value estimate for Nephi?
The Zillow Home Value Index (ZHVI) for Nephi is $460,663, representing the typical home value in the area.
What is the median condo price in Nephi?
The median condo/co-op sale price in Nephi, UT is $249,000, compared to $519,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Nephi?
The median single-family home price in Nephi, UT is $519,000 (about $181 per square foot).
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