La Verkin, UT

Buyer's market-11.3% YoY

Housing market overview · Updated weekly

$355,000median sale price

Homes sold

3

Last 12 weeks

Days on market

140

Average pace

Active listings

30

10.0 months supply

Sale-to-list

100.0%

Above asking

The La Verkin housing market is currently classified as a buyer's market with a median sale price of $355,000. Prices have fallen 11.3% compared to last year, with homes spending an average of 140 days on market, indicating 10.0 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 La Verkin?

The median home sale price in La Verkin is $355,000, down 11.3% from last year.

How long do homes stay on market in La Verkin?

Homes typically spend 140 days on market before going under contract.

Is La Verkin a buyer's or seller's market?

With 10.0 months of supply, La Verkin is currently a buyer's market.

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