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Featured local agent — Parowan, UT
Sarah Mitchell
Compass Real Estate · Parowan, UT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Parowan, UT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$367,000median sale price
How is the Parowan, UT housing market right now?
The median home sale price in Parowan, UT is $367,000, up 18.4% year-over-year. Homes sell in an average of 22 days with 31 active listings. The market is currently a buyer'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 Parowan a buyer's or seller's market?
Parowan, UT is currently a buyer's market, based on 7.8 months of supply and homes selling in about 22 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
22
Average pace
Active listings
31
7.8 months supply
Sale-to-list
—
Below asking
What does the Parowan housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $367,000 |
| Median list price | $659,900 |
| Year-over-year price change | +18.4% |
| Average days on market | 22 days |
| Active inventory | 31 listings |
| Months of supply | 7.8 months |
| Median price per sq ft | $210/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 7 |
| Listings with a price cut | 22.6% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Parowan by property type?
How the Parowan, 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 | $367,000 | $210/sq ft | 4 | 22 days |
| Condo / Co-op | $185,000 | $203/sq ft | 1 | 78 days |
Source: Redfin · Updated monthly
The Parowan housing market is currently classified as a buyer's market with a median sale price of $367,000. Prices have risen 18.4% compared to last year, with homes spending an average of 22 days on market, indicating 7.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 8.2x provides context for how home values compare to local earning capacity.
Homes for sale in Parowan
There are currently 31 homes listed for sale in Parowan, Utah. The median listing price is $660K.
Active listings
31
Homes on market
Median list price
$660K
Avg. days on market
22
Days until sale
New this week
7
Newly listed
Who lives in Parowan?
Population
3,095
Median income
$49,934/yr
Median age
38.6 years
Owner-occupied
63.5%
College grads
18.8%
Avg commute
27 min
Source: U.S. Census Bureau ACS
What are homes worth in Parowan?
Zillow home value
$408,162
Price-to-income
8.2x
Source: Zillow Research
What is it like to live in Parowan?
Parowan is a community of approximately 3K residents with a median age of 38.6 years.The median household income is $49,934, which represents a working-class community with solid middle-income opportunities. 18.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 63.5%, showing a blend of owner and renter-occupied properties. The average commute time is 27 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Parowan offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Parowan?
2 schools tracked · 769 students
The largest public schools serving Parowan, 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.
Parowan School
Grades K-6 · 419 students
Parowan High
Grades 7-12 · 350 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 Parowan, UT?
Want a head-to-head view? Compare Parowan side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Parowan?
The median home sale price in Parowan is $367,000, up 18.4% from last year.
How long do homes stay on market in Parowan?
Homes typically spend 22 days on market before going under contract.
What is the median income in Parowan?
The median household income is $49,934 per year.
Is Parowan a buyer's or seller's market?
With 7.8 months of supply, Parowan is currently a buyer's market.
What is the Zillow home value estimate for Parowan?
The Zillow Home Value Index (ZHVI) for Parowan is $408,162, representing the typical home value in the area.
What is the median condo price in Parowan?
The median condo/co-op sale price in Parowan, UT is $185,000, compared to $367,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Parowan?
The median single-family home price in Parowan, UT is $367,000 (about $210 per square foot).
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