Market analytics · May 2026 archive
Brigham City, 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
Brigham City buyers move fast in May, but rising rates are quietly raising the bar
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The defining story in Brigham City's May 2026 market was raw speed: the median home that closed last month spent just 8 days on the market, down from 25 days in April and 38 days in March. That's a dramatic compression from the winter pace — December's median was 63 days — and it signals that motivated buyers are committing quickly when the right home appears. Closings came in at 26 for the month, compared to 37 in May 2025, so volume is running lighter year over year even as the homes that do sell are moving faster than they have all cycle.
Market pulse
The speed compression over the past six months tells a clear story: median days on market ran 63 in December, 44 in January, 51 in February, 38 in March, 25 in April, and 8 in May — a consistent tightening through the spring selling season. Active inventory has been building in parallel, climbing from 56 homes in January to 64 in February, 69 in March, 80 in April, and 89 in May, with new listings holding at 42 for the second straight month. The sale-to-list ratio recovered to 99.05% in May after dipping to 98.3% in April, and 9 of 26 closings landed at full asking price. The split between price bands is notable: the 13 homes that closed under $400,000 had a median of 15 days on market, while the 12 homes in the $400,000–$700,000 range moved even faster at a median of 6 days — suggesting that mid-range inventory in communities like Cardamine and North Point is being absorbed almost immediately when priced correctly.
Mortgage context
The 30-year fixed rate has climbed to 6.75% as of mid-June, up 0.25 percentage points from 6.5% thirty days ago and 0.56 percentage points above February's monthly average of 6.19% — the low point of the past seven months. That trajectory matters in a market like Brigham City, where the median sale price sits around $406,000: each rate step up meaningfully narrows the pool of buyers who can qualify without stretching. FHA financing at 6.25% and VA loans at 6.25% remain the more accessible entry points for buyers working in the Hill AFB corridor or qualifying under FHA limits.
Payment math
On a median-priced home here — about $406,000 with 20% down — the monthly principal-and-interest payment lands at $2,108 at 6.75% — $54 more than 30 days ago at 6.5%, and $120 above the February low when rates averaged 6.19% and the payment would have been $1,988.
If you're buying
With a median of just 8 days on market in May, well-priced homes in Brigham City — particularly in the $400,000–$700,000 range in neighborhoods like Cardamine and the North Forty corridor — are going under contract before many buyers have a chance to schedule a second showing. Get fully underwritten (not just pre-qualified) before you tour, and be ready to write the same day. For buyers with more flexibility, the Forest Hills area showed a median of 172 days on market for its two May closings, and the Parkinson subdivision had one home sit 215 days — those pockets of stale inventory are where negotiating room exists, and sellers there are more likely to accept offers below the 99% sale-to-list ratio that characterizes the broader market.
If you're selling
If your home is in the $400,000–$700,000 range and in good condition, May's data suggests you can price close to market and expect a fast contract — the median days on market for that band was just 6 days. Price to what similar homes sold for in April and May, not to last spring's peak: the May 2025 median was $449,000, and May 2026 came in at $406,250, so buyers are anchoring to current reality. Sellers in the South Bench area or on larger lots along the Box Elder bench should be aware that upper-end inventory is moving more slowly; the one closing above $700,000 in May took 7 days, but that's one data point — price conservatively and lean on condition and views to differentiate.
Outlook
Over the next 60–90 days, Brigham City's market faces a tug-of-war between strong buyer urgency — evidenced by the 8-day median — and a rate environment that is now 0.56 percentage points above its recent low. If the 30-year holds near 6.75% or climbs further, some buyers who were stretching to qualify in February will step back, which could slow closings from the current 26-per-month pace. Active inventory at 89 homes gives buyers more choices than they had at any point this winter, and with 42 new listings entering in both April and May, the selection should remain reasonable through summer. Buyers priced out of Ogden or Logan may continue looking at Brigham City as a value alternative along the I-15 north corridor, which should provide a floor under demand even if local volume softens.
Watch for
If the 30-year fixed rate crosses 7.0%, expect the under-$400,000 segment — which already accounts for half of Brigham City's closings — to see days on market stretch back toward the 30–40 day range as entry-level buyers hit qualification ceilings, and the sale-to-list ratio could slip below 98%.
"Eight days to contract, 6.75% rates — Brigham City's spring market is quick but not cheap"
Common questions about Brigham City this month
Is Brigham City a buyer's or seller's market in May 2026? ▾
It's closer to a seller's market for well-priced homes, particularly in the $400,000–$700,000 range where the median days on market was just 6 days in May. However, with 89 active listings and 26 closings last month, buyers have more choices than they did over the winter, and 12 of 26 closings went below asking price — so it's not a one-sided market. Homes that are overpriced or need work are sitting much longer, as the Forest Hills and Parkinson examples show.
Why are homes selling so much faster in May than they were in January? ▾
Seasonal demand is the primary driver — spring is when the most motivated buyers enter the market in northern Utah, and Box Elder County's shoulder-season weather in May makes it easier to tour and move. The data bears this out: median days on market ran 44 days in January, 51 in February, then compressed steadily to 38 in March, 25 in April, and 8 in May. Buyers who have been waiting since winter tend to act quickly once inventory opens up.
How much does the current mortgage rate affect what I can afford in Brigham City? ▾
At today's 6.75% rate, a buyer putting 20% down on a $406,000 home pays $2,108 per month in principal and interest. That's $120 more per month than the same purchase would have cost in February when rates averaged 6.19%. Over a year, that's roughly $1,440 in additional carrying cost — enough to push some buyers into a lower price band or toward FHA financing, which is currently available at 6.25%.
Are there still affordable homes available in Brigham City? ▾
Yes — 13 of the 26 homes that closed in May were priced under $400,000, with a median sale price of $375,000 in that range. The North Point subdivision has been a consistent source of entry-level inventory, with two closings in May at a median of $332,450. That said, sub-$400,000 homes are moving quickly (median 15 days on market in May), so buyers in this range need to be prepared to act fast.
How does Brigham City compare to nearby markets like Ogden or Logan right now? ▾
Brigham City tends to offer lower price points than Ogden to the south and sits at a meaningful distance from Logan to the north, making it an option for buyers who work along the I-15 corridor and want more space for the dollar. The May median sale price of $406,250 reflects that relative value positioning. Buyers priced out of Weber County markets sometimes look north to Brigham City, which helps sustain demand even when the local economy alone wouldn't drive it.
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
26 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 8 · 25th percentile 0 · 75th percentile 25
Needed a price change
Sold listings that had a recorded price change before close
3 of 26 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. Cardamine 3 sold · $509K · 0d
- 2. Forest Hills 2 sold · $478K · 172d
- 3. North Point 2 sold · $332K · 12d
- 4. Calls Fort Dr 1 sold · $1,225K · 7d
- 5. Parkinson 1 sold · $640K · 215d
May 2026 by property type
How each housing type performed last month — 25 closings total across subtypes.
Summary Statistics
| Metric | May-26 | May-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 26 | 37 | -29.73% | 105 | 108 | -2.78% |
| Median Sale Price | $406,250 | $449,000 | -9.52% | $425,775 | $426,192 | -0.10% |
| Median DOM | 8 | 27 | -70.37% | 30 | 37 | -18.92% |
| Sale-to-List Ratio | 99.05% | 99.91% | -0.86% | 98.94% | 99.54% | -0.60% |
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.