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Sarah Mitchell

CNESRESABR

Compass Real Estate · Santaquin, UT

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Santaquin, UT(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Santaquin, UT Housing Market

Balanced market+0.6% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Santaquin, UT is worth $494,691, rose 0.6% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $536,995, +21.5% year over year (through May 2026). With 4.6 months of supply and homes going under contract in about 47 days, Santaquin is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $494,691 home is about $2,641/mo in principal and interest.

Key numbers for Santaquin, UT

Typical home value

$494,691

+0.6% in 12 months

Zillow, August 2026

Median sale price

$536,995

+21.5% year over year

Redfin, through May 2026

Days on market

47

Average pace

Redfin, through May 2026

Active listings

119

4.6 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$95,175

Home costs 5.2x income

U.S. Census ACS, 2023

Sale-to-list ratio

100.2%

Selling above asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Santaquin a buyer's or seller's market?

Balanced market4.6 months of supply47 days on market100.2% of asking

Santaquin, UT is a balanced market, based on 4.6 months of supply and homes selling in about 47 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Santaquin housing market data show?

Every row below is Redfin's final published month for Santaquin, UT. Redfin, through May 2026

Housing market statistics for Santaquin, UT, Redfin through May 2026
MetricValue
Median sale price$536,995
Median list price$512,500
Year-over-year price change+21.5%
Median price per sq ft$188/sq ft
Median days on market47 days
Active inventory119 listings
Months of supply4.6 months
Sale-to-list price ratio100.2%
Homes sold (that month)26
New listings (that month)34
Listings with a price cut26.9%
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Santaquin is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Santaquin is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Santaquin home prices moved?

Over the last three years the median sale price in Santaquin, UT rose 31.0%, from $409,990 to $536,995. The live Zillow value series has rose 0.6% in the last 12 months, which is the more current read now that Redfin's series has stopped. 26.9% of Santaquin listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 4.6 months while the sale-to-list ratio slips below its current 100.2%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Santaquin?

Priced off the typical home value of $494,691 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Santaquin, UT
Down paymentCash at closeLoan amountMonthly P&I
20%$98,938$395,753$2,641/mo
5%$24,735$469,957$3,136/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,641, that implies roughly $113,183 a year before you add taxes and insurance. The median household in Santaquin earns $95,175, about $18,008 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.2x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Santaquin in the next 12 months?

Tell us your timeline. We send the Santaquin market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Santaquin?

Zillow does not publish a rent index (ZORI) for Santaquin, UT, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Santaquin?

Active listings in Santaquin, UT went from 102 in May 2025 to 119 in May 2026, a +16.7% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in Santaquin, UT
MonthActive listingsNew listings
June 202510536
July 20259834
August 20259026
September 20258931
October 20257418
November 20258224
December 20259033
January 20268745
February 20269635
March 202610535
April 202612158
May 202611934

Redfin, through May 2026

How does Santaquin compare to Utah and the U.S.?

Santaquin homes sell for $536,995 — 4% below the Utah median of $560,200. Against the national median of $410,700, Santaquin runs 31% higher. Year-over-year, Santaquin moved +21.5% against Utah's -0.5% — a bigger swing than the state as a whole.

Santaquin, UT compared with Utah and the United States
MarketMedian sale priceYoYDays on market
Santaquin, UT$536,995+21.5%47 days
Utah statewide$560,200-0.5%41 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Santaquin

What buyers should watch

  • Months of supply, currently 4.6. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 26.9%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $495 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $494,691 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Santaquin listing goes under contract in 47 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 100.2% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Santaquin added 34 new listings against 26 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +0.6% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Santaquin varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Santaquin

There are currently 119 homes listed for sale in Santaquin, Utah. The median listing price is $513K.

Active listings

119

Homes on market

Median list price

$513K

Avg. days on market

47

Days until sale

New this week

34

Newly listed

Price drops:26.9%of listings
Sale-to-list:100.2%

How much do homes cost in Santaquin by property type?

How the Santaquin, UT market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Santaquin, UT
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$539,445$192/sq ft2450 days
Condo / co-op$241,000$312/sq ft1431 days
Townhouse$394,000$177/sq ft234 days

Who lives in Santaquin?

American Community Survey estimates for Santaquin. U.S. Census ACS, 2023

Population

15,391

Households

4,241

Median income

$95,175/yr

Median age

27.1 years

Owner-occupied

86.8%

Median home value

$434,700

Median gross rent

$1,165/mo

Mean commute

26.3 min

86.8% of occupied homes in Santaquin are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $434,700 against Zillow's $494,691 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.

Which public schools serve Santaquin?

4 schools tracked · 2,222 students

The largest public schools serving Santaquin, 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.

Apple Valley School

Grades PK-6 · 720 students

Public

Santaquin School

Grades PK-6 · 677 students

Public

Orchard Hills School

Grades PK-6 · 580 students

Public

C.S. Lewis Academy

Grades K-6 · 245 students

Charter

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 Santaquin, UT?

Ordered by distance from Santaquin, not by size. Compare Santaquin side by side with any of them.

Santaquin housing market FAQ

Is Santaquin a buyer's or seller's market?

Santaquin, UT is currently a balanced market. That read comes from 4.6 months of supply, homes going under contract in about 47 days, and sellers getting 100.2% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Santaquin?

The typical home in Santaquin, UT is worth $494,691 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $536,995, about $188 per square foot.

Is Santaquin cheaper than the rest of Utah?

Santaquin's median sale price of $536,995 is 4% lower than the Utah statewide median of $560,200, and 31% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Santaquin?

Homes in Santaquin, UT spent a median of 47 days on market before going under contract, versus 41 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Santaquin?

At the current 30-year fixed rate of 7.03%, 20% down on a $494,691 home is about $2,641 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $113,183 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $95,175.

Are home prices rising in Santaquin?

The typical home value in Santaquin, UT rose 0.6% over the last 12 months, from $491,541 to $494,691 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Santaquin?

Santaquin ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Santaquin?

That depends on your timeline, not on a headline. What the data says today: Santaquin, UT is a balanced market with 4.6 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $494,691, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.