Market analytics
La Verkin, 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
La Verkin closings double as sellers pull the price-cut lever to get deals done
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Closed sales in La Verkin jumped to 9 in June 2026 from just 4 in May, the busiest month since January's 8. But 6 of those 9 sales came after a price cut, and the median sale price of $435,000 landed exactly where it sat a year ago in June 2025 despite an active count nearly double last year's 20 listings.
Market pulse
Active listings have climbed every month since February's 23, reaching 39 in June, while new listings jumped to 15 from May's 10 — the biggest new-supply month in the past six. Days on market sit at a median of 45, roughly double January's 43-day reading only in the sense that the top quarter of listings now take 92 days to sell, up from 44 in May. The sale-to-list ratio recovered to 98% in June from 95.91% in May, but that strength came alongside 6 of 9 closings needing a price adjustment first, up sharply from zero to one such sales most months this year. Sold volume itself outpaced the prior 12-month average of 6 by 50%, but with only 9 closings the mix is still thin enough that one $800,000 Sunset View Estates sale skews the average price well above the median.
Mortgage context
The 30-year averaged 6.19% back in February and has climbed most months since, reaching 6.66% in June and 6.875% as of mid-July, up 0.25 percentage points from 6.625% just 30 days earlier. That 30-day move adds $58 a month to a median-priced loan here, a 2.6% jump in payment for anyone who waited a month to lock a rate.
Payment math
A $435,000 median home in La Verkin with 20% down now runs $2,286 a month in principal and interest at 6.875%, up from $2,228 just 30 days ago when the rate sat at 6.625%, and $157 above the $2,129 payment buyers could get in February 2026 when rates averaged 6.19%.
If you're buying
Look first at the 6 of 9 June sales that needed a price cut before closing — that split between eager and stale sellers is where negotiating room lives right now. Homes past the 92-day mark in the top quarter of days-on-market are the ones where offers below list are getting accepted, as five of June's nine sales show.
If you're selling
Price against what's actually closing in the $400,000-$700,000 band, where six of June's nine sales landed at a median of $467,000 and 31 days on market — not against the $529,000 median list price still sitting on active inventory. With two-thirds of June closings needing a price adjustment first, entering at a realistic number beats testing the market and cutting later.
Outlook
With active listings up from 23 in February to 39 in June and new listings running at 15 a month, buyers should see more choice through the rest of summer even as the desert heat typically slows foot traffic in La Verkin and neighboring Hurricane. If the 30-year holds near 6.875% or climbs toward 7%, expect more sellers to lean on price cuts like June's six to keep deals moving rather than see days-on-market stretch further.
Watch for
If new listings keep running above 12-15 a month while sold counts stay near 6-9, months-of-supply likely drifts back toward May's 8.5 reading even though June's pace of 4.33 looked tighter.
"La Verkin sells more by cutting more"
Common questions about La Verkin this month
Is La Verkin a buyer's or seller's market in June 2026? ▾
It is mixed. Sellers benefited from a 98% sale-to-list ratio and 9 closings, the busiest month since January, but two-thirds of those sales needed a price cut to get there, and active listings have grown from 23 in February to 39 in June, giving buyers more to choose from.
Why did La Verkin home sales jump in June 2026? ▾
Closed sales rose to 9 from May's 4, well above the 6-sale average over the prior 12 months. Part of that came from sellers accepting price reductions — 6 of the 9 June sales had a price change before closing, compared to zero or one in most months this year.
How much has the mortgage rate increase affected payments on a median-priced La Verkin home? ▾
At June's median price of $435,000, a 20%-down loan now costs $2,286 a month in principal and interest at 6.875%, up $58 from 30 days ago and $157 above what buyers paid in February when rates averaged 6.19%. That's a real difference for anyone comparing offers made a few months apart.
Are home prices actually falling in La Verkin? ▾
The median sale price of $435,000 in June matched June 2025 exactly, so year-over-year prices look flat. But within June, the under-$400,000 band took a median 156 days to sell versus 31 days in the $400,000-$700,000 band, suggesting softness concentrated at the low end rather than a broad price decline.
How long are homes taking to sell in La Verkin right now? ▾
The median is 45 days, but a quarter of June's listings took 92 days or longer to sell, up from 44 in May. Homes in the $400,000-$700,000 range moved fastest at a 31-day median, while the two under-$400,000 sales averaged 156 days.
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
9 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 45 · 25th percentile 25 · 75th percentile 92
Needed a price change
Sold listings that had a recorded price change before close
6 of 9 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. Laverkin Townsite And Field 2 sold · $540K · 101d
- 2. Sunset View Estates 1 sold · $800K · 70d
- 3. Blackmore Amd 1 sold · $499K · 37d
- 4. Blackmore 1 sold · $499K · 45d
- 5. Orchard Springs 1 sold · $405K · 17d
June 2026 by property type
How each housing type performed last month — 8 closings total across subtypes.
Summary Statistics
| Metric | Jun-26 | Jun-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 9 | 7 | +28.57% | 37 | 31 | +19.35% |
| Median Sale Price | $435,000 | $435,000 | 0.00% | $413,378 | $464,460 | -11.00% |
| Median DOM | 45 | 23 | +95.65% | 62 | 39 | +58.97% |
| Sale-to-List Ratio | 98.00% | 94.67% | +3.52% | 96.60% | 97.38% | -0.80% |
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.