Market analytics · May 2026 archive
Bountiful, 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
May 2026 · Market Analysis
Bountiful homes are closing in days, not weeks — but rising rates are raising the stakes.
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The defining story in Bountiful's May 2026 market was speed: the median home went under contract in just 7 days, down from 15 days in April and a stark contrast to the 21-day median recorded in May 2025. That acceleration happened even as active inventory reached 104 homes — essentially flat with the 103 active listings from a year ago — and the median sale price climbed to $583,000, up $38,000 from May 2025's $545,000. Bountiful's well-located neighborhoods along the Wasatch Front bench drew committed buyers quickly, even as borrowing costs moved against them.
Market pulse
From January through February, median days on market in Bountiful ran between 45 and 50 days, reflecting the slower pace typical of a northern Utah winter. The spring turn arrived sharply in March, when the median fell to 19 days, then compressed further to 15 days in April and 7 days in May — a pace not seen in the prior 12 months of data. The sale-to-list ratio tells a more nuanced story: April's 100.26% — when buyers were bidding above asking — gave way to May's 98.52%, suggesting that while homes are moving fast, the bidding-war intensity of April has eased. New listings pulled back from April's 69 to 51 in May, keeping active inventory at 104 homes and the supply-to-sales balance at roughly 2.9 months — a level that still favors sellers in the $400,000–$700,000 range, where 22 of May's 36 closings occurred at a median of $563,500.
Mortgage context
The 30-year fixed rate now sits at 6.75%, up 0.25 percentage points from 6.5% thirty days ago, and well above February's monthly average of 6.19% — the low point of the past seven months. That climb has added real dollars to every offer: at today's rate, the monthly principal-and-interest payment on a median Bountiful home is $171 higher than it would have been in February. For buyers already stretching toward the $583,000 median, the rate trajectory since February is a meaningful headwind, and the FHA option at 6.25% is drawing more attention from buyers in the $400,000–$500,000 range who are trying to reduce their monthly exposure.
Payment math
On a median-priced home here — about $583,000 with 20% down — the monthly principal-and-interest payment lands at $3,025 at 6.75% — $77 more than 30 days ago at 6.5%, and $171 above the February low when rates averaged 6.19% and the payment would have been $2,854.
If you're buying
Target homes that have been sitting longer than 21 days — the under-$400,000 segment had a median of 71 days on market in May, and those sellers are more likely to negotiate; the sale-to-list ratio on that price band is softer than the overall 98.52%. In the $400,000–$700,000 range near Sunnyslope and the Millcreek Heights corridor, well-priced homes are still moving in under a week, so come in with financing fully in order and be ready to act within 48 hours of a new listing hitting the market. If you're considering a move up to the $700,000-plus tier, note that the 9 closings in that band had a median of just 6 days on market in May — competition there is real despite the higher rate environment.
If you're selling
Price to current market, not to April's peak: the sale-to-list ratio slipped from 100.26% in April to 98.52% in May, meaning homes priced to last month's multiple-offer environment are now more likely to sit or require a cut — 7 of May's 36 closings involved a price reduction before closing. Sellers in the Newport Heights and Barton Woods areas with updated finishes and clean condition can still expect offers within the first week, but the days of automatic overbids are narrowing; a list price 1–2% below your ceiling gives buyers room to feel like they're winning without leaving money on the table. With 51 new listings entering the market in May and more expected through June, getting to market early in the week with professional photography and a sharp price matters more than it did in April.
Outlook
Over the next 60–90 days, Bountiful's market will be shaped by two competing forces: the seasonal peak in new listings (typically June and July bring the most supply of the year in Davis County) and a rate environment that is now 0.56 percentage points above February's low. If new listings continue running above 50 per month, active inventory could push toward 120–130 homes, which would likely extend days on market back toward the 15–20 day range and keep the sale-to-list ratio in the 97–99% band. Buyers who were priced out of Salt Lake City or Layton are still looking at Bountiful's I-15 corridor access as a value, which should keep demand from softening sharply even if supply builds.
Watch for
If the 30-year fixed rate crosses 7.0% before August, expect the under-$400,000 segment — already sitting at a 71-day median — to slow further, and months of supply in that price band could stretch past 5 months as affordability-constrained buyers pause.
"Seven-day median, $583K median price, 6.75% rates — Bountiful's May was fast, pricey, and expensive to finance."
Common questions about Bountiful this month
Is Bountiful a buyer's or seller's market in May 2026? ▾
It's still a seller's market in the core $400,000–$700,000 range, where homes are moving in a median of 7 days and 104 active listings are being absorbed at a pace of roughly 2.9 months of supply. However, the market is less one-sided than April: the sale-to-list ratio dropped from 100.26% to 98.52%, and 7 of 36 closings involved a price cut, giving buyers slightly more room to negotiate than they had a month ago.
Why are homes selling so much faster in Bountiful this May compared to last year? ▾
May 2025 had a median of 21 days on market; May 2026 came in at 7 days. The shift reflects a combination of factors: the spring listing wave arrived earlier this year (69 new listings in April alone), buyers who had been waiting through the winter moved quickly once inventory appeared, and Bountiful's location along the I-15 corridor — with easy access to both Salt Lake City and Layton — keeps demand steady. The faster pace is concentrated in the $400,000–$700,000 band, where the median was also 7 days.
How much does the current mortgage rate affect my monthly payment on a typical Bountiful home? ▾
At today's 6.75% rate, a buyer putting 20% down on a $583,000 home would pay $3,025 per month in principal and interest. That's $77 more per month than 30 days ago when rates were at 6.5%, and $171 more than February's low when rates averaged 6.19% and the same home would have cost $2,854 per month. Over a year, that February-to-now difference adds up to more than $2,000.
Are there Bountiful neighborhoods where buyers have more negotiating room? ▾
Yes — homes priced under $400,000 sat a median of 71 days in May, compared to 7 days in the $400,000–$700,000 range. That slower-moving segment, which includes some older condos and smaller single-family homes in areas like Carriage Crossing, is where sellers are more likely to accept offers below list price. In contrast, properties in Barton Woods, Newport Heights, and the Sunnyslope area at higher price points are still moving in under two weeks.
Should I wait for rates to drop before buying in Bountiful? ▾
Rates have moved in the wrong direction recently — up 0.56 percentage points from February's 6.19% average to today's 6.75% — and the near-term outlook doesn't point to a quick reversal. Meanwhile, Bountiful's median sale price has climbed $38,000 from May 2025 to May 2026. Waiting for rates to fall while prices continue rising is a trade-off with real costs on both sides; buyers who can qualify today and plan to stay 5-plus years are generally better served by locking in and refinancing if rates improve later.
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 ÷ original list — buyer/seller leverage
Days on Market
Median days from listing to close
Price Volume
Total dollar volume — active · new · sold per month
May 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
36 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 7 · 25th percentile 4 · 75th percentile 24
Needed a price change
Sold listings that had a recorded price change before close
7 of 36 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
Top subdivisions this month
Ranked by closed count
- 1. Bountiful 2 sold · $843K · 3d
- 2. Barton Woods 1 sold · $965K · 6d
- 3. Newport Hghts 1 sold · $890K · 14d
- 4. Chelsea Cove 1 sold · $735K · 26d
- 5. Sunnyslope 1 sold · $721K · 0d
May 2026 by property type
How each housing type performed last month — 36 closings total across subtypes.
Summary Statistics
| Metric | May-26 | May-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 36 | 43 | -16.28% | 153 | 154 | -0.65% |
| Median Sale Price | $583,000 | $545,000 | +6.97% | $551,787 | $551,247 | +0.10% |
| Median DOM | 7 | 21 | -66.67% | 24 | 24 | 0.00% |
| Sale-to-List Ratio | 98.52% | 97.73% | +0.81% | 98.77% | 98.28% | +0.50% |
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.