Market analytics · June 2026 archive
Heber 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
Heber City closings slow back down as Victory Ranch inventory lingers
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Median days on market in Heber City rose to 34 in June, up from May's 23-day pace — a 48% jump that erases most of May's speed gain. Sales counts held up (52 closings, close to May 2025's 56), but the buyers who closed took longer to decide, and the bottom quarter of listings still moved in 6 days while the slower half stretched well past a month.
Market pulse
Days on market swung from 106 in January down to 68, 49, 57, and 23 through May, then bounced back up to 34 in June — a reminder that this market's pace moves in both directions month to month rather than trending cleanly one way. Active inventory kept building regardless, reaching 535 homes in June after 490 in May, 417 in April, and 391 in March, while new listings ran at 102 for the month. Price cuts also became visible for the first time with real signal: 18 of June's 52 closings had taken a price reduction first, compared to 9 in May. The sale-to-list ratio held flat at 97.99%, matching May exactly, so sellers aren't giving up much ground on price even as homes sit longer.
Mortgage context
The 30-year rate reached 6.875% as of mid-July, up 0.25 percentage points from 6.625% just 30 days earlier, and has climbed from a six-month low of 6.19% in February to today's spot rate — a 0.68-point move. That kind of increase over four months is enough to cool urgency among move-up buyers in the $700k-plus segment, which still made up 30 of June's 52 closings.
Payment math
A median-priced Heber City home now runs $729,000, and financing it with 20% down costs $3,834 a month in principal and interest at today's 6.875% — $97 more than the $3,737 payment 30 days ago at 6.625%, and $263 above the $3,571 payment buyers locked in back in February when rates averaged 6.19%.
If you're buying
Look hard at Victory Ranch and Timber Lakes right now — both posted 5-6 closings in June with median days on market well above 60 (Victory Ranch's median hit 232 days), which is where sellers have room to negotiate. In the $400k-700k band, though, homes are moving in a 12-day median, so don't expect the same leverage there.
If you're selling
With 18 of June's 52 closings needing a price cut first and days on market up to 34 from May's 23, price to recent sales in your subdivision rather than to what Red Ledges or Mayflower Lakeside fetched earlier this spring. Homes in the over-$700k band are taking a 55-day median now, nearly double the 400-700k band's 12 days, so that segment especially needs realistic initial pricing.
Outlook
With rates near 6.875% and still climbing from February's 6.19% low, expect the slower-close pattern seen in June to persist into late summer rather than snap back to May's 23-day pace. Inventory should keep building through the warm-weather selling window — 75-95°F conditions typically bring out sellers in the Wasatch Back through September — which favors buyers patient enough to wait out price cuts in the over-$700k segment.
Watch for
If new listings keep running above 100 a month while sold counts hold near 50, active inventory likely tops 600 by September, pushing the sale-to-list ratio below 97% for the first time in this run.
"Heber City's days-on-market give back May's speed"
Common questions about Heber City this month
Is Heber City a buyer's or seller's market in June 2026? ▾
It's balanced but tilting toward buyers on the high end. The sale-to-list ratio held at 97.99%, matching May, but median days on market rose to 34 and 18 of the month's 52 closings had a price cut first, up from 9 in May. Homes over $700k are taking a 55-day median to sell, giving buyers in that range more room to negotiate than the $400-700k segment, where homes moved in 12 days.
Why did the median sale price in Heber City drop to $729,495 in June? ▾
It's mostly a mix shift, not depreciation. Over-$700k sales fell to 30 of 52 closings from 35 in May and 41 in April, while the $400-700k band grew to 20 sales, pulling the overall median down. Watch subdivision-level pricing (Red Ledges still closed at a $3.17M median) rather than reading the citywide median as a value signal this month.
How much has the 30-year mortgage rate affected payments on a Heber City home this summer? ▾
On the $729,000 median home with 20% down, the monthly principal-and-interest payment is $3,834 at today's 6.875%, up $97 from 30 days ago and up $263 from the $3,571 payment buyers had in February when rates averaged 6.19%. That's a meaningful climb in under five months and is likely part of why days on market rose in June.
Which Heber City neighborhoods are seeing the most price cuts right now? ▾
Victory Ranch stands out — it posted 5 closings in June with a 232-day median time on market, suggesting sellers there have had to adjust expectations. Timber Lakes also saw 6 sales but at a 65-day median, while Montreux's 4 sales closed faster at 72 days but still well above the citywide 34-day median.
Should sellers in Heber City expect their home to sell as fast as it would have in May? ▾
Not likely under current conditions. May's 23-day median days on market was unusually fast; June's homes took a median of 34 days, and active inventory kept growing to 535 from 490. Pricing close to recent comparable sales in your specific subdivision, rather than assuming May's pace, is the safer approach heading into late summer.
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
52 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 34 · 25th percentile 6 · 75th percentile 110
Needed a price change
Sold listings that had a recorded price change before close
18 of 52 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. Red Ledges 6 sold · $3,173K · 32d
- 2. Timber Lakes 6 sold · $582K · 65d
- 3. Victory Ranch 5 sold · $540K · 232d
- 4. Montreux 4 sold · $691K · 72d
- 5. Jordanelle Ridge 3 sold · $1,040K
June 2026 by property type
How each housing type performed last month — 52 closings total across subtypes.
Summary Statistics
| Metric | Jun-26 | Jun-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 52 | 56 | -7.14% | 266 | 310 | -14.19% |
| Median Sale Price | $729,495 | $855,000 | -14.68% | $1,016,460 | $901,984 | +12.69% |
| Median DOM | 34 | 19 | +78.95% | 52 | 29 | +79.31% |
| Sale-to-List Ratio | 97.99% | 98.17% | -0.18% | 97.69% | 98.33% | -0.65% |
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.