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Market analytics · October 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

October 2026 · Market Analysis

American Fork homes take twice as long to sell as listings reach 168

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Homes in American Fork took a median 40 days to sell in October, nearly double September's 21, and the median home price was $472,450. The housing market leans toward buyers: 168 homes were for sale, up from 101 a year ago, and at October's pace it would take about 5.5 months to sell them all. Sale-to-list slipped to 98.2% from 98.7%, and the median list price of $517,040 sits well above what is actually closing, so go by recent sales rather than asking prices.

Market pulse

Listings have climbed from 97 in May to 168 in October, while closings fell from 42 to 32. New listings dropped to 42 from 49 in September, so the growth is coming from homes that aren't selling rather than from new sellers. Days on market jumped from 21 to 40 in one month. Sellers took 16 price cuts before closing among the 32 sales, and under-$400,000 homes sat a median 97 days.

Mortgage context

Most American Fork closings fall in the $400,000 to $700,000 range, 23 of 32 in October, so a payment swing of a hundred dollars changes who can qualify. Rates have eased over the past 30 days, which gives that group a little relief, though they are still a full percentage point above April's average. Buyers who held off in September's 7.14% to 7.51% stretch are starting to reappear.

Payment math

Buying at the $472,000 median home price with 20% down costs $2,610 a month in principal and interest at 7.375%, which is $97 less than the $2,708 of 30 days ago at 7.75%, but still $241 above April's low of $2,369 when rates averaged 6.42%.

If you're buying

Focus on homes that have sat past 40 days, since 15 of 32 October sales closed below list and 16 took a price cut first. In Columbia Village, homes sold in a median 73 days at about $423,652, so there is time to negotiate there. Ask for seller-paid rate buydowns while rates are drifting down and sellers want to close.

If you're selling

Price to what has closed, around $472,000 at the median, not to the $517,040 median asking price. Homes in Meadowbrook sold in a median 35 days at $469,313, a better pace than the city overall, so priced-right homes still move. If you list in November, expect to cut within a month unless the price already matches recent sales.

Outlook

Winter normally slows listings and closings, but inventory of 168 homes means buyers keep the upper hand through January. If rates keep easing from 7.375%, expect more closings in the $400,000 to $700,000 range by early spring. Sellers who wait for spring will compete with a larger pool of homes than they faced a year ago.

Watch for

If days on market stay near 40 and new listings rebound above 50 a month, months of supply likely passes 6 by January and sale-to-list drifts toward 97%.

"American Fork slows down: same closings, twice the wait"

Common questions about American Fork this month

What is the median home price in American Fork? ▾

The median home price in American Fork was $472,450 in October 2026, down from $482,000 a year earlier. The average sale price was $583,625, higher because five sales over $700,000 had a median of $1,295,000. The median list price was $517,040, above what homes closed for.

Is the American Fork housing market slowing down? ▾

Yes, in October 2026 it slowed. Median days on market rose to 40 from 21 in September, and active listings reached 168. Closings held at 32, and sale-to-list slipped to 98.2%, which favors buyers.

How much is my American Fork home worth? ▾

The median home in American Fork sold for $472,450 in October at 98.2% of list, after a median 40 days. Your home's value depends on what similar homes nearby recently sold for. Homes between $400,000 and $700,000 sold at a median $467,400, so compare against that range.

How long do homes take to sell in American Fork? ▾

October's median was 40 days, up from 21 in September and 31 a year ago. A quarter of homes took longer than 69 days. Homes under $400,000 were slowest at a median 97 days across four sales.

How have mortgage rates changed the monthly payment in American Fork? ▾

At the 7.375% rate, principal and interest on the $472,000 median home with 20% down is $2,610 a month. That is $97 lower than 30 days ago, but $241 above April's payment.

This summary is based on the MLS data available to us for October 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

October 2026 cohort breakdown

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

How sales priced vs asking

32 sold homes that had a list price recorded

7
Above asking
21.9%
10
At asking
31.3%
15
Below asking
46.9%

Days on market spread

Quartile distribution

19-69 days (middle 50%)

Median 40 · 25th percentile 19 · 75th percentile 69

Needed a price change

Sold listings that had a recorded price change before close

50% of closings

16 of 32 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
4
sold
~97 day median DOM
$400K – $700K
23
sold
~38 day median DOM
$467K median sale
$700K+
5
sold
~44 day median DOM
$1,295K median sale

Top neighborhoods this month

Named subdivisions ranked by homes sold · median price · median days to contract

  1. 1. Meadowbrook 2 sold · 35d
  2. 2. Columbia Village 2 sold · 73d
  3. 3. Mitchell Farms 1 sold · 119d
  4. 4. Beck Hillside Estate 1 sold · 44d
  5. 5. Timp Hollow 1 sold · 100d
  6. 6. Summerfield 1 sold · 38d
  7. 7. Crystal Cove 1 sold · 1d
  8. 8. Martin 1 sold · 6d

October 2026 by property type

How each housing type performed last month — 30 closings total across subtypes.

Single-family
20
sold in October 2026
Median sale $484,500
Median DOM 42 days
Share of closings 66.7%
Townhouse
6
sold in October 2026
Median sale $444,495
Median DOM 38 days
Share of closings 20%
Twin home
4
sold in October 2026
Median DOM 37 days
Share of closings 13.3%

Summary Statistics

Metric Oct-26 Oct-25 % Chg 2026 YTD 2025 YTD % Chg
Sold Count 32 40 -20.00% 365 368 -0.82%
Median Sale Price $472,450 $482,000 -1.98% $496,339 $521,659 -4.85%
Median DOM 40 31 +29.03% 31 24 +29.17%
Sale-to-List Ratio 98.16% 99.69% -1.53% 98.84% 99.21% -0.37%

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.