Market analytics · June 2026 archive
Hyrum, 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
Hyrum homes sold in 2 days median — Cache Valley buyers are deciding on the spot
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The defining number in Hyrum's June 2026 market is a median of 2 days on market — down from 17 in May, 32 in April, and a far cry from the 150-day median recorded in February. That compression means the typical home that closed in June went under contract almost immediately after hitting the market, a pace that held even as the 30-year rate stayed at 6.625% and 62 active listings gave buyers more choices than they had a year ago. Closings reached 15 in June, up from 11 in both April and May and 36% above June 2025's 11 sales, making this the busiest June in Hyrum's recent monthly record.
Market pulse
The speed story in Hyrum has been dramatic across the spring: median days on market moved from 150 in February to 48 in March, then 32 in April, 17 in May, and finally 2 in June — a compression that suggests buyers are arriving prepared and making decisions quickly once a home appears. Three-quarters of June closings settled in 7 days or fewer, meaning only a small share of buyers had the luxury of a leisurely decision. The sale-to-list ratio came in at 99.34%, slightly off May's 99.55% and April's 99.68%, which reflects the fact that 11 of 15 closings settled below list price — sellers are still getting close to asking, but the era of routine over-list offers has quieted. Active inventory reached 62 homes in June, up from 60 in May and 55 in April, so supply is still building even as demand accelerated.
Mortgage context
The 30-year fixed rate held at 6.625% through the end of June — flat over the past 30 days, which removes one source of uncertainty for buyers weighing whether to act now or wait. That said, rates have climbed 0.43 percentage points since February's monthly average of 6.19%, and the trajectory from December 2025 through June 2026 has been mostly upward, moving from 6.41% to 6.66% on a monthly-average basis. For Cache Valley buyers stretching into the $400K–$500K range in Hyrum, that multi-month climb has added real cost to every offer.
Payment math
At $435,000 — Hyrum's June median — a buyer putting 20% down carries a monthly principal-and-interest payment of $2,228 at today's 6.625% rate, the same as 30 days ago when rates were also 6.625%, but $99 more per month than the February low when rates averaged 6.19% and that same loan would have produced a $2,129 payment.
If you're buying
With a median of just 2 days on market in June, buyers in Hyrum need to be pre-approved and ready to write an offer the day a home appears — especially in the Canyon Estates and Auburn Hills neighborhoods, where well-priced homes in the $500K–$600K range are moving within a week. If you need more time to decide, focus on the 62 active listings that have been sitting longer than 30 days; the sale-to-list ratio on those homes tends to run closer to 97–98%, giving you room to negotiate rather than compete.
If you're selling
June's 2-day median is a strong signal that correctly priced homes in Hyrum are finding buyers fast — but note that 11 of 15 closings settled below list price, so overpricing still costs you. Price at or just under recent comparable sales in your neighborhood: homes in Westridge and Elk Mountain that priced accurately moved in under a week, while those that stretched the ask sat and eventually negotiated down. With 62 active listings competing for buyer attention, condition and first-week pricing matter more than timing.
Outlook
If the 30-year rate stays near 6.625% through August, Hyrum's summer market should sustain 12–15 closings per month — the warm Cache Valley summer keeps foot traffic high and the USU-adjacent buyer pool from Logan and North Logan tends to be active through August. Inventory at 62 homes gives buyers enough selection that days on market will likely drift back above single digits, but a return to the 30–50 day medians of winter seems unlikely unless new listings accelerate well beyond the 19–21 per month pace of May and June. Sellers who price accurately should still find willing buyers; those who test the ceiling may find themselves waiting into fall.
Watch for
At the current pace of new listings running 19–21 per month against 15 closings, active inventory will likely cross 70 homes by August — and if closings soften even modestly, the sale-to-list ratio probably drifts toward the low-98% range by September.
"Two-day decisions: Hyrum's June market moved faster than any month this year, even as rates held firm."
Common questions about Hyrum this month
Is Hyrum a buyer's or seller's market in June 2026? ▾
It's a split picture. The 2-day median days on market and 99.34% sale-to-list ratio favor sellers on well-priced homes, but 11 of 15 June closings settled below list price and active inventory has climbed to 62 homes — giving buyers more leverage than the speed numbers alone suggest. Homes priced accurately move almost immediately; homes that stretch the ask are sitting.
Why are homes in Hyrum selling so fast if rates are still above 6.5%? ▾
Hyrum attracts buyers who are often priced out of Logan or commuting from Cache Valley employment centers, and many arrive pre-approved and ready to act. The 6.625% rate hasn't changed in 30 days, which removes the uncertainty that sometimes causes buyers to pause. With 62 active listings, there's enough inventory to shop — but well-priced homes in neighborhoods like Canyon Estates and Auburn Hills are still drawing quick decisions.
What does a $435,000 home in Hyrum cost per month right now? ▾
With 20% down on a $435,000 home, the monthly principal-and-interest payment comes to $2,228 at the current 6.625% rate. That's $99 more per month than buyers would have paid in February when rates averaged 6.19% and the same loan produced a $2,129 payment. FHA financing at 6.25% is available for qualifying buyers and reduces the monthly cost modestly.
Are prices rising or falling in Hyrum compared to last year? ▾
The June 2026 median sale price of $435,000 is below June 2025's $497,500 — a meaningful drop, though the small number of monthly closings (15 this June vs. 11 last June) means individual sales can move the median significantly. The $400K–$700K price band, which made up 8 of 15 June closings, posted a median of $534,950, roughly in line with the same band a year ago.
How does Hyrum compare to Logan or other Cache Valley cities for buyers right now? ▾
Hyrum tends to offer more land and larger lots than Logan's core neighborhoods, often at a lower price per square foot, which draws buyers who want space and are willing to commute north on US-89. With Logan's inventory also building this spring, some buyers are comparing the two markets directly — Hyrum's 2-day median suggests demand here is particularly concentrated, so buyers who find a home they like should be prepared to move quickly.
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 ÷ original list — buyer/seller leverage
Days on Market
Median days from listing to close
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
16 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 1 · 25th percentile 0 · 75th percentile 7
Needed a price change
Sold listings that had a recorded price change before close
4 of 16 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. Canyon Estates 2 sold · $618K · 4d
- 2. Elk Mountain Subdivi 2 sold · $307K · 0d
- 3. Bonnie Nielsens 3Rd Minor Subdivision 1 sold · $765K · 0d
- 4. Auburn Hills 1 sold · $579K · 5d
- 5. Westridge 1 sold · $475K · 7d
June 2026 by property type
How each housing type performed last month — 16 closings total across subtypes.
Summary Statistics
| Metric | Jun-26 | Jun-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 16 | 11 | +45.45% | 63 | 65 | -3.08% |
| Median Sale Price | $425,000 | $497,500 | -14.57% | $448,373 | $467,772 | -4.15% |
| Median DOM | 1 | 30 | -96.67% | 35 | 44 | -20.45% |
| Sale-to-List Ratio | 99.31% | 98.96% | +0.35% | 99.31% | 99.09% | +0.22% |
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.