30-YR FIXED: 6.870% ◆15-YR FIXED: 6.120% ◆FHA: 6.450% ◆PRIME: 7.500% ◆UTAH MEDIAN: $557K ◆30-YR FIXED: 6.870% ◆15-YR FIXED: 6.120% ◆FHA: 6.450% ◆PRIME: 7.500% ◆UTAH MEDIAN: $557K ◆

Utah median home price: $557,700 ▲2.2% YoY ◆Salt Lake County inventory up 7.7% this month ◆Fed holds rates steady — buyers gaining leverage ◆West Jordan homes avg 68 days on market ◆FHA loans surging among Utah first-time buyers ◆Draper luxury market sees 12% price increase ◆Utah population growth driving housing demand ◆Utah median home price: $557,700 ▲2.2% YoY ◆Salt Lake County inventory up 7.7% this month ◆Fed holds rates steady — buyers gaining leverage ◆West Jordan homes avg 68 days on market ◆FHA loans surging among Utah first-time buyers ◆Draper luxury market sees 12% price increase ◆Utah population growth driving housing demand ◆

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Utah Market

How competitive is the Utah housing market?

Answered by Gurpreet Bhatti

Utah REALTOR® · USMC Veteran · UT Lic# 12907042-SA00

Competitive, but more balanced than 2021-2022. In 2025-2026, many well-priced homes still receive multiple offers within days. Overpriced homes sit 30+ days. Having pre-approval ready and a strong agent who moves fast makes all the difference. Salt Lake County remains more competitive than Utah or Davis County.

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→How to Win in a Competitive Market →Search Active Utah Listings

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