Market analytics · September 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
September 2026 · Market Analysis
Cedar City sellers wait less in September, yet 372 listings keep buyers in charge
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Cedar City's housing market moved faster in September, with the median wait falling to 47 days from 60 in August, and the median home price came in at $443,500. Buyers still hold the edge. Active listings reached 372 against 50 closings, which is about 7.5 months of supply, and homes sold for 97.4% of list. A year ago the median sale price was $337,000 and 220 homes were for sale, so choice has grown a lot while the price is well above last September.
Market pulse
Inventory is the longer story. Active listings grew from 268 in April to 372 in September, and new listings ran at 102 in September against 93 in August. Closings slipped to 50 from 58 in August, so homes are being listed faster than they are being bought. Days on market did improve, from 60 in August to 47, though that is still slower than the 34 days of May. Only 5 of the 50 closings went above list price, compared with 21 of 82 in June.
Mortgage context
The $400,000 to $700,000 band is where rates pinch in Cedar City, since 28 of September's 50 closings landed there at a median $564,000. Another 21 sold under $400,000 at a median $314,900, where the monthly payment moves less in dollar terms. Rates are up 0.375 percentage points over 30 days, so buyers in the middle band are the ones asking sellers for rate help.
Payment math
Buying at the $444,000 median home price with 20% down now costs $2,481 a month in principal and interest at 7.5%, which is $90 more than the $2,390 at 7.125% thirty days ago, and $257 above April's low of $2,224 when rates averaged 6.42%.
If you're buying
Homes that have already sat 75 days or more are the ones to press, since a quarter of September's closings took that long and 32 of 50 sold below list. Ask for a price cut or seller-paid rate help rather than just a lower offer. In the $400,000 to $700,000 band, where Legacy Park closed at $599,215 after 85 days, there is the most room to bargain.
If you're selling
Yours is one of 372 active listings, and buyers paid 97.4% of list in September, so price at what has actually closed, not at last spring's asking levels. 18 of the 50 September closings took a price change first, so an honest first price saves a cut later. Homes under $400,000, like those in Cottonwood Hollow, are still moving at a median 45 days.
Outlook
Fall usually slows showings in Iron County as the weather cools, and with inventory at 372 that gives buyers more time through the winter. Rates at 7.5% add pressure on closings. Expect sale-to-list to stay in the 97% range and days on market to creep back up from 47.
Watch for
If new listings keep running near 100 a month while closings stay near 50, months of supply could pass 8 by December and push sale-to-list toward 96%.
"Faster closings in Cedar City, but a much longer list of homes to choose from"
Common questions about Cedar City this month
What is the median home price in Cedar City? ▾
Cedar City's median sale price was $443,500 in September 2026, and the average was $459,674. The average runs higher because one sale above $700,000 closed at $1,030,000 and pulled it up. The median list price was $449,948, close to what closed.
Is the Cedar City housing market slowing down? ▾
Sales volume is softer, but speed improved. In September 2026, 50 homes closed against 58 in August, while active listings grew to 372 from 330. Homes sold in a median 47 days, down from 60, and at 97.4% of list. That points to a market that favors buyers.
How much is my Cedar City home worth? ▾
Cedar City homes closed at a median $443,500 in September, at about 97.4% of list and in 47 days. Your own home's value depends on similar homes sold near you. Under $400,000 the median was $314,900, and from $400,000 to $700,000 it was $564,000.
How have rates changed the monthly payment in Cedar City? ▾
At 7.5%, principal and interest on the $444,000 median home with 20% down is $2,481 a month. That is $90 more than 30 days ago and $257 more than in April, when rates averaged 6.42%.
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
September 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
46 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 49 · 25th percentile 21 · 75th percentile 78
Needed a price change
Sold listings that had a recorded price change before close
18 of 46 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 neighborhoods this month
Named subdivisions ranked by homes sold · median price · median days to contract
- 1. Saddleback Ridge 1 sold · 436d
- 2. The Bluff At South Mountain 1 sold · 62d
- 3. Legacy Park 1 sold · 85d
- 4. The Prairie At Bauer Meadows 1 sold · 0d
- 5. Iron West 1 sold · 6d
- 6. Hillcrest 1 sold · 53d
- 7. Sky View Estates 1 sold · 113d
- 8. Cottonwood Hollow 1 sold · 47d
September 2026 by property type
How each housing type performed last month — 49 closings total across subtypes.
Summary Statistics
| Metric | Sep-26 | Sep-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 46 | 59 | -22.03% | 481 | 436 | +10.32% |
| Median Sale Price | $431,000 | $340,000 | +26.76% | $430,100 | $387,198 | +11.08% |
| Median DOM | 49 | 42 | +16.67% | 56 | 46 | +21.74% |
| Sale-to-List Ratio | 97.35% | 98.57% | -1.24% | 98.61% | 98.51% | +0.10% |
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.