Market analytics · September 2026 archive
Herriman, 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
Herriman sellers face 433 listings as Capitol Reef drives faster closings
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Herriman's median days on market fell to 30 in September from 46 in August, yet the housing market still tilts toward buyers. The median home price was $575,000, and homes closed at 97.9% of list, with 433 active listings against 63 closings. Much of the speed came from lower-priced Capitol Reef, where 14 homes sold at a median $346,728 in 16 days. The median list price of $604,000 sits above what homes are closing for, so go by recent sales rather than asking prices.
Market pulse
Listings rose from 323 in June to 433 in September, while closings slid from 102 to 63. New listings dropped to 110 in September from 147 in August, so sellers are not adding supply as fast as before. Days on market fell to 30 after 46 in August, and a quarter of homes took longer than 80 days. Sale-to-list slipped to 97.9% from 98.6%, and 41 of the 63 closings sold below list.
Mortgage context
Of September's 63 closings, 32 landed between $400,000 and $700,000, and that band is where a higher rate changes the monthly payment most. Another 18 closed above $700,000, and those homes took a median 80 days compared with 29 days in the middle band. Buyers at the top end have more time to wait out rates, and they are using it.
Payment math
Financing Herriman's $575,000 median home price with 20% down costs $3,216 a month in principal and interest at 7.5%, which is $117 more than the $3,099 payment at 7.125% thirty days ago, and $333 above the $2,883 payment in April, when rates averaged 6.42%.
If you're buying
Press on homes that have sat past 80 days, especially over $700,000 where the median wait was 80 days; 41 of 63 September closings went below list. In Capitol Reef and Mt Rainier, homes moved in 16 and 9 days, so come ready to offer quickly there. Of the closings, 24 took a price cut first, so ask for one on stale listings.
If you're selling
With 433 active listings and 110 new ones in September, a home priced at the $604,000 median asking price is likely to wait or take a cut. Buyers paid about 97.9% of list, so price near recent sales to protect your home's value. If you are in Rosecrest, where five homes closed at a median $685,000 in 9 days, priced right homes still move.
Outlook
Showings usually thin from October into winter along the Wasatch Front, and at about 7 months of supply, buyers should keep the edge. The 30-year rate at 7.5% adds to the pressure. Sellers who list before the holidays will face 433 competing homes that don't disappear in winter.
Watch for
If new listings stay near 110 a month while closings hold near 63, supply stays around 7 months and sale-to-list could slip toward 97% by winter.
"Quicker closings, a fuller list of homes, and buyers paying less of the asking price"
Common questions about Herriman this month
What is the median home price in Herriman? ▾
The median home price in Herriman was $575,000 in September 2026, down from $588,950 a year ago. The average sale price was $599,244. The average runs higher because 18 sales over $700,000 had a median of $800,125. The median list price was $604,000.
Is the Herriman housing market slowing down? ▾
Closings slowed to 63 in September from 69 in August, and active listings reached 433. Homes still sold quicker, at a median 30 days, and sale-to-list fell to 97.9%. It leans toward buyers, with about 7 months of supply.
How much is my Herriman home worth? ▾
Herriman homes closed at a median $575,000 in September at about 97.9% of list, taking 30 days. Your home's value depends on similar homes sold nearby recently. Subdivision matters: Capitol Reef medians were $346,728, while Rosecrest was $685,000.
Where are Herriman homes selling fastest? ▾
In September, Mt Rainier's seven sales had a median of 9 days at $426,225. Rosecrest's five sales also took 9 days, at $685,000. Capitol Reef had 14 sales in 16 days at $346,728.
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
92 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 47 · 25th percentile 11 · 75th percentile 116
Needed a price change
Sold listings that had a recorded price change before close
36 of 92 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. Capitol Reef 14 sold · $347K · 161d
- 2. Rosecrest 9 sold · $685K · 12d
- 3. Mt Rainier 9 sold · $426K · 137d
- 4. Mountain Ridge 5 sold · $781K · 112d
- 5. Teton Ranch 4 sold · 0d
- 6. Hidden Oaks 4 sold · 100d
- 7. Hamilton Farms 3 sold · 13d
- 8. Herriman Village 3 sold · 69d
September 2026 by property type
How each housing type performed last month — 92 closings total across subtypes.
Summary Statistics
| Metric | Sep-26 | Sep-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 92 | 81 | +13.58% | 781 | 652 | +19.79% |
| Median Sale Price | $571,573 | $588,000 | -2.79% | $587,917 | $610,250 | -3.66% |
| Median DOM | 47 | 48 | -2.08% | 48 | 38 | +26.32% |
| Sale-to-List Ratio | 98.08% | 99.33% | -1.26% | 98.71% | 99.32% | -0.61% |
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.