Market analytics · September 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
September 2026 · Market Analysis
Hyrum homes now take 68 days to sell as Canyon Estates sellers wait longer
Get this report emailed every month
✓ You're in — see you next month.
Right now Hyrum leans toward buyers. Homes that closed in September 2026 took a median 68 days on market, up from 24 in August and 7 in June. The sale-to-list ratio slipped to 97.13% from 99.88%, and 8 of the 10 closings went below asking. A year ago, September closed 15 homes in a median 35 days, so this is a clear step slower.
Market pulse
Days on market went from 7 in June to 11 in July, 24 in August and 68 in September. A quarter of September's closings took longer than 107 days. Closings rose to 10 from 7 in August, but new listings doubled to 12 from 6, and active listings sit at 43. The median sale price of $562,500 looks strong, but the median list price is $509,900. That mismatch comes from a few higher-priced closings, such as Rolling Hills at $660,000 and Canyon Estates at $647,903 after 97 days. Don't read it as a price jump. Only 10 homes closed, so the median can swing widely.
Mortgage context
The 30-year rate averaged 6.42% in April and 7.14% in September. It has since reached 7.75%, up 0.875 percentage points in 30 days. For Cache Valley buyers stretching toward the $500,000-plus range, that jump helps explain why homes are sitting longer and sellers are giving ground on price.
Payment math
Financing Hyrum's $563,000 median home with 20% down costs $3,224 a month in principal and interest at 7.75%, which is $268 more than the $2,956 at 6.875% thirty days ago. That is $403 above April's low, when rates averaged 6.42% and the payment would have been $2,821.
If you're buying
Focus on homes that have sat past 60 days. September's $400,000 to $700,000 band closed at a median 59 days, and 6 of 10 closings took a price cut first. Homes like the Canyon Estates sale at 97 days and the Lynn Lindley Mini Subdivision sale at 116 days show where sellers are negotiating. Ask for rate buydowns or closing credits, since the monthly payment is the real hurdle.
If you're selling
Price to the sold numbers, not last summer's. The sale-to-list ratio is 97.13%, and quick sales at full price were a June story. If you list in Rolling Hills or Canyon Estates, expect showings to run slower than the 7-day pace of June. A realistic first price will beat a cut after 60 days. Autumn weather is firming up, but winter slows things further.
Outlook
Expect slower going through the winter. Cache Valley typically quiets after October, and the rate rise to 7.75% adds pressure. With 43 active homes and about 4 months of supply at September's pace, buyers should keep the edge, though a thin sale count can swing results month to month. Spring often brings buyers back, but only if rates ease.
Watch for
If the 30-year stays near 7.75% and new listings keep running at 12 a month, median days on market likely stays above 60 and sale-to-list could drift toward 96% by December.
"Hyrum's slow-down September: the quick summer closings gave way to a 68-day wait."
Common questions about Hyrum this month
Is Hyrum a buyer's or seller's market in September 2026? ▾
It leans toward buyers. Median days on market reached 68, sale-to-list fell to 97.13%, and 8 of 10 closings sold below asking. Active listings of 43 equal about 4 months of supply.
How long does it take to sell a home in Hyrum right now? ▾
The median September closing took 68 days, versus 24 in August and 35 in September 2025. A quarter of homes took longer than 107 days. Pricing in line with recent sales matters more than it did in June.
Did Hyrum home prices jump in September? ▾
The median sale price was $562,500, up from $495,000 in August. But only 10 homes closed, and the median list price was $509,900. A few higher-priced sales lifted the median, so don't treat it as a market-wide gain.
How are rates affecting Hyrum buyers? ▾
At 7.75%, principal and interest on the median home is $3,224 a month, $268 higher than 30 days ago. That has made buyers pickier and given them room to ask for price cuts or credits.
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
10 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 68 · 25th percentile 42 · 75th percentile 107
Needed a price change
Sold listings that had a recorded price change before close
6 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. Rolling Hills Subdivision 1 sold · $660K
- 2. Canyon Estates Subdivision 1 sold · $648K · 97d
- 3. Rolling Hills 1 sold · $570K · 25d
- 4. Lynn Lindley Mini Subdivision 1 sold · $555K · 116d
- 5. Continental Park 1 sold · $385K
September 2026 by property type
How each housing type performed last month — 10 closings total across subtypes.
Summary Statistics
| Metric | Sep-26 | Sep-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 10 | 15 | -33.33% | 90 | 108 | -16.67% |
| Median Sale Price | $562,500 | $399,000 | +40.98% | $468,261 | $442,520 | +5.82% |
| Median DOM | 68 | 35 | +94.29% | 37 | 43 | -13.95% |
| Sale-to-List Ratio | 97.13% | 99.06% | -1.95% | 99.06% | 98.99% | +0.07% |
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.