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Market analytics · June 2026 archive

American Fork, Utah real estate market report.

Monthly sold prices, days on market, sale-to-list ratio, and absorption rate. Updated nightly from UtahRealEstate.com and the Washington County Board of Realtors.

Updated · Sources: UtahRealEstate.com & Washington County Board of Realtors

June 2026 · Market Analysis

American Fork's listing count tops 167 as summer sellers outpace June's 29 closings.

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Active listings in American Fork reached 167 in June, up from 127 in May and 114 in April — a fifth straight monthly increase that's now running well ahead of the 29 homes that actually closed. A year ago, June had 95 active listings against 35 closings, so this year's supply cushion is real even setting aside how far back the comparison reaches. With prime summer selling weather in the alpine valley bringing out sellers, new listings hit 71 this month, the highest of the six-month stretch shown here.

Market pulse

Days on market has held in a tight band since April — 21, 18, then 20 in June — but that stability masks a widening gap between fast and slow segments: a quarter of June sales closed within 5 days while a quarter took longer than 37. Sold volume has been choppy, from 30 in April to 41 in May back down to 29 in June, well under the prior 12-month average of 37. Twelve of June's 29 closings came after at least one price cut, and only 4 sold above list, down from 11 in May, suggesting the leverage that briefly favored sellers this spring is fading.

Mortgage context

The 30-year mortgage rate averaged 6.66% in June and has since climbed to 6.875% today, up 0.25 percentage points from 6.625% just 30 days ago. That's part of why homes at Rockwell Ranch and Meadowbrook — the $400,000-$500,000 range that carried most of June's volume — are the ones drawing offers, while pricier listings sit longer waiting for buyers to make peace with the payment.

Payment math

A median-priced American Fork home at $515,000 with 20% down runs $2,707 a month in principal and interest at today's 6.875%, up $68 from $2,638 just 30 days ago at 6.625%, and $186 above the $2,521 payment buyers locked in back in February when rates averaged 6.19%.

If you're buying

Focus on the 400k-700k band, where 21 of June's 29 closings happened at a median 20 days on market — not the fast-moving over-700k slice where homes are going in 3 days. With active listings at 167 and 12 of June's sellers already cutting price once, you have room to negotiate below the 99.11% sale-to-list average, especially on anything sitting past 37 days.

If you're selling

List and price against what actually closed — Highline at American Fork's 5 June sales at a $485,000 median is your best comparable, not the $1,552,500 Greenwood Creek sale skewing the average up to $612,469. With 71 new listings competing against just 29 closings this month, homes priced above recent comparable sales are the ones needing that second price cut.

Outlook

With active inventory at 167 and new listings still arriving at 71 a month, expect sellers to keep adjusting prices through late summer unless closings pick back up from June's 29. Rates near 6.875% and climbing toward 6.73% average pricing in July will likely keep some buyers on the sidelines, particularly in the over-700k band where June's 5 sales moved in just 3 days but represent a thin, price-sensitive slice of the market.

Watch for

If new listings keep running above 65 a month while closings stay near 29-30, the ratio of active inventory to monthly sales will likely keep climbing past June's already-elevated level, pushing more sellers toward the kind of price cuts 12 of June's sellers already made.

"American Fork's inventory build finally outruns its buyers."

Common questions about American Fork this month

Is American Fork a buyer's or seller's market in June 2026?

It's tilting toward buyers. Active listings reached 167, up from 114 in April, while only 29 homes closed in June against a prior 12-month average of 37. Only 4 of those June sales went above list price, down from 11 in May, and 12 of the 29 closings came after a price cut.

Why did American Fork home sales slow down in June?

Closings fell to 29 in June from 41 in May, even as new listings climbed to 71, the highest of the past six months. Part of the slowdown lines up with the 30-year rate climbing to a 6.66% average in June and 6.875% today, up from 6.19% back in February.

How much has the mortgage rate increase affected payments in American Fork?

On the $515,000 median-priced home, the monthly principal and interest payment is $2,707 at today's 6.875%, up $68 from 30 days ago and $186 above what buyers paid in February when rates averaged 6.19%. That's a meaningful bite for buyers stretching for homes in the $500,000-$700,000 range that made up most of June's sales.

Are American Fork sellers cutting prices this summer?

Yes — 12 of the 29 homes that closed in June had at least one price reduction first, compared to 11 out of 41 in May. With active listings at 167 against just 29 monthly closings, sellers pricing above recent comparable sales, like the $485,000 median at Highline at American Fork, are the ones most likely to need a cut.

Which American Fork neighborhoods are selling fastest right now?

Highline at American Fork led June with 5 sales at a $485,000 median in 23 days, and homes over $700,000 moved fastest overall at a 3-day median, though that's only 5 sales. Rockwell Ranch and Northgate each had 2 sales in the $370,000-$456,000 range, showing steadier demand at lower price points.

This summary is based on the MLS data available to us for June 2026 and current published mortgage rates. We make no warranties or claims regarding accuracy, completeness, or future market performance; figures should not be relied on for transaction decisions without independent verification by a licensed agent.

Number of Listings

Active inventory · new listings · sold per month

Listing Prices

Active median list · new median list · sold median sale

Absorption Rate

Months of supply — active inventory ÷ monthly sold rate

Sale-to-List Ratio

Close price ÷ list price — buyer/seller leverage

Days on Market

Median days from listing to under contract

Price Volume

Total dollar volume — active · new · sold per month

June 2026 cohort breakdown

Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.

How sales priced vs asking

31 sold homes that had a list price recorded

4
Above asking
12.9%
9
At asking
29%
18
Below asking
58.1%

Days on market spread

Quartile distribution

5-37 days (middle 50%)

Median 20 · 25th percentile 5 · 75th percentile 37

Needed a price change

Sold listings that had a recorded price change before close

41.9% of closings

13 of 31 sold homes had at least one price change while listed. Lower = sellers are pricing right the first time.

Sales by price band

Closed-price bucket → sold count and median days to contract

Under $400K
3
sold
~42 day median DOM
$366K median sale
$400K – $700K
23
sold
~20 day median DOM
$495K median sale
$700K+
5
sold
~3 day median DOM
$1,051K median sale

Top subdivisions this month

Ranked by closed count

  1. 1. Highline At American Fork 5 sold · $485K · 23d
  2. 2. Meadowbrook 3 sold · $450K · 9d
  3. 3. Greenwood Creek 2 sold · $1,553K · 36d
  4. 4. Stonecreek 2 sold · $609K · 31d
  5. 5. Rockwell Ranch 2 sold · $456K

June 2026 by property type

How each housing type performed last month — 29 closings total across subtypes.

Single-family
16
sold in June 2026
Median sale $595,500
Median DOM 3 days
Share of closings 55.2%
Townhouse
13
sold in June 2026
Median sale $459,990
Median DOM 0 days
Share of closings 44.8%

Summary Statistics

Metric Jun-26 Jun-25 % Chg 2026 YTD 2025 YTD % Chg
Sold Count 31 35 -11.43% 207 224 -7.59%
Median Sale Price $501,490 $529,900 -5.36% $499,777 $530,812 -5.85%
Median DOM 20 21 -4.76% 29 23 +26.09%
Sale-to-List Ratio 99.10% 99.29% -0.19% 99.01% 99.37% -0.36%

Sources: UtahRealEstate.com and the Washington County Board of Realtors, aggregated by Best Utah Real Estate. Sale-to-list ratio compares closing price to the final list price (post-reduction). Absorption rate = active inventory ÷ monthly sold rate.