Cedar City, UT
Housing market overview · Updated weekly
$399,000median sale price
Homes sold
45
Last 12 weeks
Days on market
78
Average pace
Active listings
257
5.7 months supply
Sale-to-list
98.8%
Below asking
The Cedar City housing market is currently classified as a buyer's market with a median sale price of $399,000. Prices have fallen 0.3% compared to last year, with homes spending an average of 78 days on market, indicating 5.7 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
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Frequently asked questions
What is the average home price in Cedar City?
The median home sale price in Cedar City is $399,000, down 0.3% from last year.
How long do homes stay on market in Cedar City?
Homes typically spend 78 days on market before going under contract.
Is Cedar City a buyer's or seller's market?
With 5.7 months of supply, Cedar City is currently a buyer's market.
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