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Featured local agent — Timber Lakes, UT

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Timber Lakes, UT

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

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

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Timber Lakes, UT Housing Market & Real Estate

Buyer's market-3.5% YoY

Housing market overview · Updated monthly ·

$965,000median sale price

How is the Timber Lakes, UT housing market right now?

The median home sale price in Timber Lakes, UT is $965,000, down 3.5% year-over-year. Homes sell in an average of 125 days with 58 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 Timber Lakes a buyer's or seller's market?

Buyer's market29.0 months of supply125 avg. days on market

Timber Lakes, UT is currently a buyer's market, based on 29.0 months of supply and homes selling in about 125 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

125

Average pace

Active listings

58

29.0 months supply

Sale-to-list

96.5%

Below asking

What does the Timber Lakes housing market data show?

Current housing market statistics for Timber Lakes, UT
MetricValue
Median sale price$965,000
Median list price$612,400
Year-over-year price change-3.5%
Average days on market125 days
Active inventory58 listings
Months of supply29.0 months
Sale-to-list price ratio96.5%
Median price per sq ft$300/sq ft
Homes sold (latest month)2
New listings (latest month)26
Listings with a price cut29.3%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Timber Lakes by property type?

How the Timber Lakes, UT market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Timber Lakes, UT
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$965,000$300/sq ft2125 days

Source: Redfin · Updated monthly

The Timber Lakes housing market is currently classified as a buyer's market with a median sale price of $965,000. Prices have fallen 3.5% compared to last year, with homes spending an average of 125 days on market, indicating 29.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Homes for sale in Timber Lakes

There are currently 58 homes listed for sale in Timber Lakes, Utah. The median listing price is $612K.

Active listings

58

Homes on market

Median list price

$612K

Avg. days on market

125

Days until sale

New this week

26

Newly listed

Price drops:29.3%of listings
Sale-to-list:96.5%

Who lives in Timber Lakes?

Population

966

Median income

$49,435/yr

Median age

31 years

Owner-occupied

100.0%

College grads

38.8%

Avg commute

26.7 min

Source: U.S. Census Bureau ACS

What is it like to live in Timber Lakes?

Timber Lakes is a community of approximately 1K residents with a median age of 31 years.The median household income is $49,435, which represents a working-class community with solid middle-income opportunities. 38.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Timber Lakes offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Timber Lakes, UT?

Want a head-to-head view? Compare Timber Lakes side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Timber Lakes?

The median home sale price in Timber Lakes is $965,000, down 3.5% from last year.

How long do homes stay on market in Timber Lakes?

Homes typically spend 125 days on market before going under contract.

What is the median income in Timber Lakes?

The median household income is $49,435 per year.

Is Timber Lakes a buyer's or seller's market?

With 29.0 months of supply, Timber Lakes is currently a buyer's market.

How much does a single-family home cost in Timber Lakes?

The median single-family home price in Timber Lakes, UT is $965,000 (about $300 per square foot).

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