Market analytics · June 2026 archive
Cedar 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
June 2026 · Market Analysis
Cedar City closings jump in June even as days on market stretch back out
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Median days on market rose to 44 in June from May's 34, a step back toward the pace of March and April even as closings hit 80, the strongest month in this run and well above the 63 sold in May. That's a split result: buyers are closing faster than they did in the dead of winter but slower than they did in May, and they're doing it in bigger numbers. Compared with June 2025's 53 closings and 69-day median, this June sold more homes in less time, even with the recent uptick.
Market pulse
Closings have climbed for three straight months — 61 in April, 63 in May, 80 in June — while active inventory has grown every month since January's 249, reaching 401 in June. New listings have held near 100 a month since March (103, 106, 102), keeping supply ahead of the sales pace even as sales pick up. Median days on market bounced from 49 in April to 34 in May to 44 in June, and the share of homes selling below list crept up to 34 of 80 closings, though the sale-to-list ratio actually improved to 99.55%, tied for the best reading of the past six months alongside January's 99.51%.
Mortgage context
The 30-year sits at 6.875% as of mid-July, up 0.25 percentage points from 6.625% thirty days earlier, and the monthly-average trend backs that up — rates ran 6.19% in February, climbed to 6.55% in May and 6.66% in June, then 6.73% in July. That climb has real teeth on Cedar City's price point: the same median home now costs $51 more a month to finance than it did just a month ago. Buyers who locked in during February's low are the ones who got the best terms of this stretch.
Payment math
A $382,000 median home with 20% down runs $2,010 a month in principal and interest at today's 6.875%, up $51 from $1,959 just 30 days ago at 6.625%, and $138 above the February 2026 low of $1,872 a month, when rates averaged 6.19%.
If you're buying
Look at the under-$400K band, where 44 of June's 80 sales closed at a median of just 38 days and a median price of $286,250 — the fastest, most active corner of the market right now. Cottonwood Hollow PUD alone accounted for 6 of those sales at a 10-day median, so track that subdivision and similar entry-level product for quick-turn inventory. With 401 homes active against 80 monthly closings, there's room to negotiate outside the fastest-selling pockets.
If you're selling
Price to the 99.55% sale-to-list ratio — homes priced near recent comparable sales are still closing close to list, but 35 of June's 80 sales carried a price change along the way, so don't count on the first list price holding without adjustment. In the $400K-$700K band, where median days on market ran 49, sharpen pricing at listing rather than waiting to cut later.
Outlook
With rates now at 6.73% on the monthly average and active inventory at 401 against 102 new listings in June, expect the market to keep favoring buyers on selection while sellers who price correctly still close near list. The desert heat settles in through August, which historically cools foot traffic in Iron County, so sellers listing now should expect the current pace rather than May's faster 34-day median.
Watch for
If the 30-year holds above 6.75% into August, expect median days on market to drift back toward March's 79-day mark as buyers slow down while the 401-home inventory pool keeps growing.
"More sales, slower sales — Cedar City's June didn't pick one story and stick with 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 ÷ 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
81 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 45 · 25th percentile 10 · 75th percentile 84
Needed a price change
Sold listings that had a recorded price change before close
36 of 81 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. Not Available 12 sold · $255K · 65d
- 2. Cottonwood Hollow Pud 6 sold · $255K · 10d
- 3. Cottonwood Hollow 2 sold · $362K · 9d
- 4. Saddle Back Ridge 1 sold · $1,050K · 46d
- 5. Black Sage 1 sold · $728K · 0d
June 2026 by property type
How each housing type performed last month — 81 closings total across subtypes.
Summary Statistics
| Metric | Jun-26 | Jun-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 81 | 53 | +52.83% | 349 | 284 | +22.89% |
| Median Sale Price | $385,000 | $398,999 | -3.51% | $431,198 | $396,438 | +8.77% |
| Median DOM | 45 | 69 | -34.78% | 56 | 50 | +12.00% |
| Sale-to-List Ratio | 99.55% | 98.22% | +1.35% | 98.95% | 98.51% | +0.45% |
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.