Market analytics · April 2026 archive
Hyde Park, 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
April 2026 · Market Analysis
Hyde Park closings snap back in April as pent-up Cache Valley demand finally clears.
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April 2026 brought a sharp reversal in Hyde Park's closed-sales count: 10 homes sold, compared to just 1 in March and 1 in February — and zero recorded closings in April 2025. That jump from a combined 2 closings over the prior two months to 10 in a single month signals that buyers who had been sitting on the sidelines through Cache Valley's mud-season shoulder spring finally moved. Active inventory held nearly flat at 38 homes, down slightly from March's 39, suggesting the burst of closings drew from listings that had been accumulating since January rather than from a fresh wave of new supply.
Market pulse
From November 2025 through March 2026, Hyde Park averaged fewer than 3 closings per month — 5 in November, 4 in December, then 2, 1, and 1 in January through March. April's 10 closings broke that pattern decisively, with the $400K–$700K band and the over-$700K band each contributing 5 sales. Median days on market climbed to 84 in April, up from 23 in March, reflecting that most of what closed had been sitting for weeks or months — the over-$700K segment logged a median DOM of 106 days, with Shadow Bluff Estates and Cedar Bluffs Subdivision Phase 2 both clearing after more than 100 days on market. The sale-to-list ratio edged down to 97.06% in April, and 9 of 10 closings came in below list price, consistent with a market where buyers are negotiating rather than competing.
Mortgage context
The 30-year fixed rate sits at 6.625% today, up 0.375 percentage points from 6.25% thirty days ago — a meaningful move for Hyde Park buyers financing in the $600K–$700K range. Rates had dipped to a six-month low monthly average of 6.19% in February before climbing through March (6.48%) and April (6.42%), and the current spot rate extends that upward trend. For buyers who hesitated in February, that window has closed: the monthly payment math has shifted noticeably in just a few weeks.
Payment math
On a median-priced home today, P&I lands at $3,573/mo at 6.625% — $137/mo more than 30 days ago at 6.25%, and $159/mo above the February low when rates averaged 6.19% and P&I would have been $3,414.
If you're buying
Target homes in Hyde Park that have been listed 90 days or more — the over-$700K segment closed at a median of 106 days on market in April, and properties like those in Shadow Bluff Estates and Cedar Bluffs Subdivision Phase 2 cleared only after extended time on market, suggesting sellers in that band are negotiable. With 38 active listings and a sale-to-list ratio of 97.06%, there is room to open below ask, particularly on homes that have not had a price change; buyers who can move quickly on well-priced Mountain Gate Estates or Juniper Hollow inventory in the $600K–$700K range may face less competition than the upper tier.
If you're selling
Sellers in Hyde Park should price to the current market, not to last spring's list prices — the median list price in April was $689,000 while the median sale came in at $697,500, but that gap was driven by a handful of higher-end closings; 9 of 10 homes sold below list. If your home is in the $400K–$700K band, the Mountain Gate Estates comp at $695,000 with just 28 days on market shows that correctly priced mid-range homes can move in under a month, while over-priced listings in the same corridor are sitting past 100 days. With rates at 6.625% and rising, reducing friction on financing — whether through a rate buydown or a clean, move-in-ready presentation — will matter more heading into summer.
Outlook
Over the next 60–90 days, Hyde Park's inventory will likely stay in the 35–45 home range as new listings continue at roughly 9–10 per month and closings remain modest by volume. If the 30-year rate holds above 6.5%, the over-$700K segment — which already carries a median DOM above 100 days — will remain slow, and buyers considering Logan or North Logan as alternatives may find Hyde Park's Cache Valley setting worth the patience. Seasonal permitting activity typically picks up through May and June, which could add new-construction competition in subdivisions like Juniper Hollow and Mountain Gate Estates, keeping upward price pressure in check.
Watch for
If the 30-year rate crosses 7%, expect the over-$700K segment in Hyde Park — already sitting at a median 106 days on market — to extend well past 120 days, and absorption to loosen back toward the 6–8 month range seen in late 2025.
"Hyde Park's April wake-up: 10 closings after a winter of near-silence."
Common questions about Hyde Park this month
Is Hyde Park a buyer's or seller's market in April 2026? ▾
April 2026 leans toward buyers, particularly in the over-$700K range. With 38 active listings, a median DOM of 84 days, and 9 of 10 closings coming in below list price, buyers have meaningful negotiating room. The sale-to-list ratio of 97.06% means the average home sold about 3% under its asking price — not a fire-sale discount, but enough to reward patient, well-prepared buyers.
Why did so many homes close in Hyde Park in April after almost nothing sold in February and March? ▾
February and March each recorded just 1 closing, likely reflecting the combination of winter seasonality in Cache Valley and rate uncertainty after the 30-year climbed from its February low of 6.19%. April's 10 closings appear to represent pent-up demand clearing — many of the homes that closed had been on market for 44 to over 100 days, meaning they were listed during the slow winter period and finally found buyers as spring activity picked up.
What price range is moving fastest in Hyde Park right now? ▾
The $400K–$700K band closed with a median DOM of 44 days in April, compared to 106 days for the over-$700K segment. Mountain Gate Estates sold at $695,000 in just 28 days, while Juniper Hollow moved at $938,175 in 12 days — suggesting well-priced mid-range and select premium properties can still move quickly. Homes above $900K, like those in Shadow Bluff Estates and Cedar Bluffs Subdivision Phase 2, required significantly more time.
How do Hyde Park home prices compare to nearby Logan? ▾
Hyde Park sits just north of Logan along US-91 in Cache Valley and generally carries a slight premium for its smaller-town character and newer subdivision stock in communities like Mountain Gate Estates and Juniper Hollow. April's median sale price of $697,500 reflects a mix of mid-range and upper-tier closings; buyers priced out of Hyde Park's upper band sometimes look at North Logan or Smithfield for comparable square footage at lower price points.
What does the current mortgage rate mean for my monthly payment on a Hyde Park home? ▾
At today's 30-year rate of 6.625%, the principal and interest payment on a $697,500 home works out to approximately $3,573 per month. That's $137 more per month than it would have been just 30 days ago when rates were at 6.25%, and $159 more than the February low when rates averaged 6.19%. FHA financing at 6.00% or VA at 6.25% can meaningfully reduce that figure for qualifying buyers.
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
April 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
10 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 84 · 25th percentile 36 · 75th percentile 110
Needed a price change
Sold listings that had a recorded price change before close
0 of 10 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. Pappas Subdivision 1 sold · $1,075K · 631d
- 2. Shadow Bluff Estates 1 sold · $950K · 111d
- 3. Juniper Hollow 1 sold · $938K · 12d
- 4. Cedar Bluffs Subdivision Phase 2 1 sold · $903K · 106d
- 5. Mountain Gate Estates 1 sold · $695K · 28d
April 2026 by property type
How each housing type performed last month — 10 closings total across subtypes.
Summary Statistics
| Metric | Apr-26 | Apr-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 10 | — | — | 14 | 7 | +100.00% |
| Median Sale Price | $697,500 | — | — | $651,207 | $564,457 | +15.37% |
| Median DOM | 84 | — | — | 69 | 54 | +27.78% |
| Sale-to-List Ratio | 97.06% | — | — | 97.37% | 98.58% | -1.23% |
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.