Market analytics · June 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
June 2026 · Market Analysis
Hyde Park closings speed up even as Cedar Bluffs and Mountain Gate list prices climb.
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Homes that closed in Hyde Park in June 2026 had a median 38 days on market, down from 117 days in May and 84 days in April — the fastest turnaround since January's 11 days, though January's sample was only 2 sales. Ten homes closed this June, matching April's pace and up from 4 a year ago in June 2025. The quicker pace came alongside a jump in price: June's median sale reached $724,800, above every month since December's $701,064.
Market pulse
Closings have swung from a near-standstill in January through March — 2, 1, and 1 sold — to 10 in April, 8 in May, and 10 again in June, a pace far above the trailing 12-month average of 4 a month. Active listings have grown every month since November's 18, reaching 40 in June, while new listings held near 14-15 a month through May and June. The sale-to-list ratio has firmed alongside the faster closings, moving from 96.39% in May to 99.37% in June, with 4 of June's 10 sales going at full asking price. The $700K-plus band drove June's activity, with 8 of the 10 sales there at a $781,300 median, compared to just 1 sale in the $400K-$700K band.
Mortgage context
The 30-year rate averaged 6.66% in June and has climbed to 6.875% today, up 0.25 percentage points from 6.625% just 30 days ago. That 30-day move alone adds $96 a month to the payment on a median-priced Hyde Park home, and rates have now risen every month since February's 6.19% low. Buyers who locked in earlier this year are looking at meaningfully cheaper financing than anyone shopping in Hyde Park today.
Payment math
A median Hyde Park home now runs $725,000, and financing it with 20% down costs $3,809 a month at today's 6.875% — $96 more than the $3,713 payment 30 days ago at 6.625%, and $261 above the $3,548 payment homebuyers locked in back in February 2026 when rates averaged 6.19%.
If you're buying
Look hard at the $400K-$700K band — it produced only 1 sale in June against 8 above $700K, so competition there is lighter even as the overall market speeds up. Homes with a quarter of June's sales closing in a single day suggest well-priced listings are moving fast, so have financing ready before touring in neighborhoods like Cedar Bluffs or Mountain Gate Estates. Four of June's 10 closings took a price cut first, so there's still room to negotiate on listings that have sat since spring.
If you're selling
Price to the $781,300 median that over-$700K homes are actually closing at rather than last spring's ask — June's 99.37% sale-to-list ratio shows well-priced homes are getting close to full asking, not below it. With active listings up to 40 from 18 in November, differentiate through condition or updates, since buyers now have more to compare against in subdivisions like Juniper Trails and Greystone Farms. Move quickly on interest — a quarter of June sales took zero days to close, meaning the right buyer is already watching.
Outlook
With rates now at 6.875% and climbing from June's 6.66% average, expect some of the summer's momentum to cool as borrowing costs eat further into buyer budgets heading into fall. Inventory at 40 active listings, the highest of the past six months, gives buyers more room to negotiate even as days on market stay short for well-priced homes. Cache Valley's warm summer selling window still favors sellers who price to June's closing levels rather than list-price hopes.
Watch for
If the 30-year holds above 6.75% through August, expect the $400K-$700K band to keep thinning out as buyers get squeezed toward smaller homes or neighboring Smithfield and North Logan.
"Hyde Park sells faster and pricier at the same time."
Common questions about Hyde Park this month
Is Hyde Park a buyer's or seller's market in June 2026? ▾
It leans toward sellers on well-priced homes: the sale-to-list ratio reached 99.37% in June, and a quarter of sales closed the same day they went under contract. But active listings have grown to 40 from 18 in November, so buyers do have more options than they did over the winter.
Why did Hyde Park homes sell so much faster in June than in May? ▾
Median days on market dropped from 117 in May to 38 in June, likely reflecting warm summer weather that typically brings out more serious buyers in Cache Valley, plus 4 of June's 10 sales closing right at list price rather than sitting through negotiations.
How much has the 30-year mortgage rate hurt affordability in Hyde Park? ▾
The 30-year sits at 6.875% today, up 0.25 percentage points from 6.625% just 30 days ago, which adds $96 a month to payments on a median $725,000 home. Compared to February's 6.19% low, buyers today pay $261 more a month for the same home.
What's driving Hyde Park's median sale price above $700,000? ▾
Eight of June's 10 closings were priced above $700,000, with a median of $781,300 in that band, pulling the overall median to $724,800. Sales in subdivisions like Cedar Bluffs and Mountain Gate Estates made up much of that activity.
Should sellers expect price cuts to work in Hyde Park right now? ▾
Four of June's 10 closings took a price cut before selling, so cuts are common but not required — homes pricing near the $781,300 over-$700K median or the $575,000 median in the lower band are still closing near full asking price.
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
11 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 4 · 25th percentile 0 · 75th percentile 110
Needed a price change
Sold listings that had a recorded price change before close
4 of 11 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. Juniper Trails Subdivision Phase 3 1 sold · $965K · 0d
- 2. Greystone Farms 1 sold · $866K
- 3. Mountain Gate Subdvision 1 sold · $826K · 0d
- 4. Cedar Bluffs Subdivision Phase 2 1 sold · $735K · 72d
- 5. Mountain Gate Estates 1 sold · $715K
June 2026 by property type
How each housing type performed last month — 11 closings total across subtypes.
Summary Statistics
| Metric | Jun-26 | Jun-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 11 | 4 | +175.00% | 33 | 13 | +153.85% |
| Median Sale Price | $734,600 | $577,450 | +27.21% | $658,688 | $553,308 | +19.05% |
| Median DOM | 4 | 14 | -71.43% | 59 | 59 | 0.00% |
| Sale-to-List Ratio | 99.42% | 99.88% | -0.46% | 97.81% | 98.42% | -0.62% |
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.