Timber Lakes, UT

Buyer's market-64.3% YoY

Housing market overview · Updated weekly

$499,000median sale price

Homes sold

3

Last 12 weeks

Days on market

98

Average pace

Active listings

26

8.7 months supply

Sale-to-list

98.9%

Below asking

The Timber Lakes housing market is currently classified as a buyer's market with a median sale price of $499,000. Prices have fallen 64.3% compared to last year, with homes spending an average of 98 days on market, indicating 8.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Timber Lakes

There are currently 26 homes listed for sale in Timber Lakes, Utah. The median listing price is $975K.

Active listings

26

Homes on market

Median list price

$975K

Avg. days on market

98

Days until sale

New this week

4

Newly listed

Price drops:11.5%of listings
Sale-to-list:98.9%

Explore nearby cities in UT

Frequently asked questions

What is the average home price in Timber Lakes?

The median home sale price in Timber Lakes is $499,000, down 64.3% from last year.

How long do homes stay on market in Timber Lakes?

Homes typically spend 98 days on market before going under contract.

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

With 8.7 months of supply, Timber Lakes is currently a buyer's market.

Get Timber Lakes market alerts

Weekly updates on prices, inventory, and trends. Free forever.