Market analytics · October 2026 archive
Draper, 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
Draper's October wait stretches to 51 days as Suncrest closings lead a softer month
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Waiting got longer in Draper in October: the median home took 51 days to sell, up from 36 in September and 23 a year ago. The median home price was $700,000, down from $837,500 in October 2025. This housing market favors buyers, with 193 homes for sale against 35 closings, about 5.5 months of supply, and homes sold for 96.7% of list price. Asking prices are running ahead of closings, since the median list price was $799,000, so go by what has actually sold.
Market pulse
Inventory has built steadily, from 118 homes for sale in April to 193 in October. Closings have stayed in the 35 to 45 range, so homes simply sit longer. Pricier homes are the slow ones: the 18 sales over $700,000 took a median 86 days, while the 15 sales between $400,000 and $700,000 took 25. Stoneleigh Heights at Suncrest led activity with 7 sales at a median $669,840 and 51 days on market.
Mortgage context
Draper's October closings split into two groups. Fifteen sales landed between $400,000 and $700,000 at a median $470,000, and those homes moved in 25 days. At the $700,000 median, a 20% down loan is $560,000, so the rate matters most to the step-up buyers above that line. The 30-year rate has eased 0.375 percentage points over the past 30 days to 7.375%.
Payment math
Buying at Draper's $700,000 median home price with 20% down costs $3,868 a month in principal and interest at 7.375%, which is $144 less than the $4,012 payment 30 days ago at 7.75%, but still $358 above the April low of $3,510 when rates averaged 6.42%.
If you're buying
Go after the over-$700,000 listings, where the median sale took 86 days in October and sellers have had time to soften. Seventeen of the 35 October closings took a price change first, so ask about a cut or seller-paid rate help. In Draper Oaks, 3 homes sold at a median $520,000 after 95 days, a sign of where negotiating happens.
If you're selling
Your home's worth is set by what closed recently, around $700,000 at 96.7% of list, not by the $799,000 median asking price. Only 4 of 35 October sales went above list, so a stretch price will sit. If you are in the $400,000 to $700,000 range, as in Fields at Draper where 2 homes sold in a median 15 days at $467,000, you have the faster lane.
Outlook
November and December usually bring fewer showings, and with 50 new listings in October against 35 closings, inventory should stay elevated. Mortgage rates have been easing, which could help the $400,000 to $700,000 range most. Expect sale times to stay long into the new year for homes priced over $700,000.
Watch for
If new listings keep running near 50 a month while closings stay near 35, months of supply would pass 6 by January and sale-to-list would likely slip below 96%.
"Draper slows into November with more homes, slower sales and a lower median"
Common questions about Draper this month
What is the median home price in Draper? ▾
The median home price in Draper was $700,000 in October 2026, down from $900,000 in September. The average sale price was $875,445. The average sits higher because of big-ticket sales, such as the 18 homes over $700,000 that sold at a median $947,500. The median list price was $799,000.
Is the Draper housing market slowing down? ▾
Yes, in October 2026 it moved toward buyers. Median days on market rose to 51 from 36 in September, and active listings grew to 193 from 178. Sale-to-list slipped to 96.7% from 97.6%.
How much is my Draper home worth? ▾
Draper homes closed at a median $700,000 in October, at 96.7% of list price and after 51 days. Your own home's value depends on recent comparable sales nearby, and price range matters, since homes over $700,000 sold far slower than those under it. A local agent can pull the closest sales for you.
Where are Draper homes selling fastest? ▾
In October, Fields at Draper had 2 sales at a median 15 days and $467,000. Stoneleigh Heights at Suncrest had the most sales, 7, at a median $669,840 and 51 days. Draper Oaks was slower, with 3 sales at 95 days and $520,000.
How have mortgage rates changed Draper monthly payments? ▾
At the $700,000 median with 20% down, principal and interest is $3,868 a month at 7.375%. That is $144 less than 30 days ago, but $358 more than at April's 6.42% average rate.
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
35 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 51 · 25th percentile 21 · 75th percentile 96
Needed a price change
Sold listings that had a recorded price change before close
17 of 35 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. Stoneleigh Heights At Suncrest 7 sold · $670K · 51d
- 2. Draper Landing 3 sold · 95d
- 3. Bellevue 2 sold · 63d
- 4. Fields At Draper 2 sold · 15d
- 5. Galena Hills 1 sold · 47d
- 6. Valle Di Villa Phase 1 sold · 203d
- 7. Ivy Court 1 sold · 81d
- 8. The Cove At Bear Can 1 sold · 22d
October 2026 by property type
How each housing type performed last month — 35 closings total across subtypes.
Summary Statistics
| Metric | Oct-26 | Oct-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 35 | 38 | -7.89% | 381 | 403 | -5.46% |
| Median Sale Price | $700,000 | $837,500 | -16.42% | $824,220 | $842,359 | -2.15% |
| Median DOM | 51 | 23 | +121.74% | 34 | 29 | +17.24% |
| Sale-to-List Ratio | 96.74% | 98.30% | -1.59% | 98.11% | 98.20% | -0.09% |
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.