Market analytics · October 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
October 2026 · Market Analysis
Heber City's Sawmill and Victory Ranch homes stall as the wait hits 81 days
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Heber City homes sold for a median $917,329 in October, but they took 81 days to get there, up from 49 in September. That makes it a buyer-leaning housing market. Only 42 homes closed while 392 sat active, enough for about 9.5 months of supply at this pace. Sale-to-list was 96.9%, and 21 of the 42 closings followed a price change.
Market pulse
Listings rose from 304 in May to 392 in October, while closings dropped from 61 in September to 42. Days on market tells the sharpest story: 49 in September, 81 now. Asking prices are drifting down too, with the median list price at $1,148,954 against $1,207,500 a month earlier. Red Ledges was the exception, with 5 closings at a median $4.4 million in just 13 days.
Mortgage context
Most October buyers here were shopping above $700,000, where 28 of the 42 closings landed at a median $1,312,500. Another 13 closed between $400,000 and $700,000 at a median $600,000. Rates have eased from 7.75% a month ago, which helps a little, but those loan sizes still carry big payments.
Payment math
Put 20% down on the $917,000 median home price and principal and interest comes to $5,069 a month at 7.375%, which is $189 less than the $5,257 it would have been 30 days ago at 7.75%, yet still $469 above April's low of $4,600 when rates averaged 6.42%.
If you're buying
Homes that have sat past 80 days are where the leverage is, and the over-$700,000 group is the slowest at a median 99 days. Sawmill closed two homes at a median $641,500 after 324 days, so long-listed homes there can be priced well below their original ask. Use recent sales rather than asking prices, since list prices run about $230,000 above what is closing.
If you're selling
What your home is worth is set by what has closed nearby, and with sale-to-list at 96.9%, expect to settle a few points under ask. In Timber Lakes, three homes closed at a median $740,000 in 33 days, so a sharp price gets a fast sale. Overpriced homes are the ones waiting, so price right the first time instead of cutting later.
Outlook
Expect fewer showings and fewer new listings in November and December. With 392 homes already for sale, inventory will likely stay high into the new year. Rates drifting down could pull some buyers back, but ski-season second-home buyers around Park City tend to move only on well-priced homes.
Watch for
If closings stay near 42 a month while new listings hold around 77, months of supply would climb past 10 by January and push sale-to-list toward 96%.
"Heber City's October slowdown: fewer closings, more listings, and a much longer wait"
Common questions about Heber City this month
What is the median home price in Heber City? ▾
The median home price in Heber City was $917,329 in October 2026, up 1.4% from September's $905,000. The average sale price was $1,880,350, much higher because 28 sales above $700,000 came in at a median $1,312,500 and a few luxury sales pull the average up. The median list price was $1,148,954.
Is the Heber City housing market slowing down? ▾
Yes, in October 2026. Closings fell to 42 from 61 in September, and median days on market rose to 81 from 49. Active listings reached 392, up 9.5% from 358.
How much is my Heber City home worth? ▾
Recent Heber City sales put the median at $917,329, with homes closing at about 96.9% of list price in October. Typical homes took 81 days to sell. Your own home's value depends on what similar homes nearby sold for, so check recent sales in your subdivision.
Where are Heber City homes selling fastest? ▾
In October 2026 Red Ledges led with 5 closings at a median $4.4 million and a median 13 days on market. Timber Lakes had 3 sales at a median $740,000 in 33 days. Sawmill was slowest among active areas, with 2 sales taking a median 324 days.
How have mortgage rates changed Heber City monthly payments? ▾
At 7.375%, principal and interest on the $917,000 median home with 20% down is $5,069 a month. That is $189 less than 30 days ago at 7.75%. It is still $469 more than at April's 6.42% average.
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
42 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 81 · 25th percentile 20 · 75th percentile 133
Needed a price change
Sold listings that had a recorded price change before close
21 of 42 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. Red Ledges 5 sold · $4,400K · 13d
- 2. Timber Lakes 3 sold · 33d
- 3. Crossings At Lake Creek 2 sold · 62d
- 4. Victory Ranch 2 sold · 208d
- 5. Brookside 2 sold · 55d
- 6. Sawmill 2 sold · 324d
- 7. Muirfield 2 sold · 63d
- 8. Wolf Creek Ranch 1 sold · 103d
October 2026 by property type
How each housing type performed last month — 40 closings total across subtypes.
Summary Statistics
| Metric | Oct-26 | Oct-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 42 | 53 | -20.75% | 492 | 521 | -5.57% |
| Median Sale Price | $917,329 | $965,000 | -4.94% | $961,444 | $903,248 | +6.44% |
| Median DOM | 81 | 87 | -6.90% | 50 | 43 | +16.28% |
| Sale-to-List Ratio | 96.91% | 98.05% | -1.16% | 97.33% | 98.19% | -0.88% |
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.