Timber Lakes, UT
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
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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.
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