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Featured local agent — Timber Lakes, UT
Sarah Mitchell
Compass Real Estate · Timber Lakes, UT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Timber Lakes, UT Housing Market & Real Estate
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?
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?
| Metric | Value |
|---|---|
| Median sale price | $965,000 |
| Median list price | $612,400 |
| Year-over-year price change | -3.5% |
| Average days on market | 125 days |
| Active inventory | 58 listings |
| Months of supply | 29.0 months |
| Sale-to-list price ratio | 96.5% |
| Median price per sq ft | $300/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 26 |
| Listings with a price cut | 29.3% |
| Market condition | Buyer'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.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $965,000 | $300/sq ft | 2 | 125 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
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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