Spanish Fork, UT
Housing market overview · Updated weekly
$464,500median sale price
Homes sold
34
Last 12 weeks
Days on market
81
Average pace
Active listings
177
5.2 months supply
Sale-to-list
99.9%
Below asking
The Spanish Fork housing market is currently classified as a buyer's market with a median sale price of $464,500. Prices have risen 4.9% compared to last year, with homes spending an average of 81 days on market, indicating 5.2 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 Spanish Fork?
The median home sale price in Spanish Fork is $464,500, up 4.9% from last year.
How long do homes stay on market in Spanish Fork?
Homes typically spend 81 days on market before going under contract.
Is Spanish Fork a buyer's or seller's market?
With 5.2 months of supply, Spanish Fork is currently a buyer's market.
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