Market analytics
Millcreek, 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
October 2026 · Market Analysis
Millcreek homes sell a bit faster in October, but 160 listings give buyers leverage
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Millcreek homes that sold in October took a median 30 days, down from 40 in September, and the median home price was $579,000. Even with the quicker clock, this housing market has tilted toward buyers. Active listings reached 160, against 79 a year ago, and homes closed at 97% of list, down from 99.4% in September. Only 27 homes closed, versus 36 last month and 40 in October 2025.
Market pulse
Active listings rose from 87 in April to 160 in October, and they grew by 24 in just the past month. Closings went the other way, falling from 36 in September to 27 in October, so at this pace it would take about 6 months to sell everything listed. Median days on market shortened from 40 to 30, but a quarter of homes took 95 days or longer. Listings were asking a median $598,950, above the $579,000 that homes actually sold for, so go by recent closings rather than asking prices.
Mortgage context
Millcreek's October buyers split by price. Nine of the 27 closings were above $700,000, and those homes took a median 10 days. Thirteen closed between $400,000 and $700,000 and took a median 80 days, so the middle of the market is where monthly payments hurt most. The 30-year rate has eased 0.375 percentage points over the past 30 days to 7.375%, which helps a little.
Payment math
With a median home price of $579,000 and 20% down, principal and interest comes to $3,199 a month at 7.375%, which is $119 less than the $3,318 at 7.75% thirty days ago, but still $296 above April's low, when rates averaged 6.42% and the payment would have been $2,903.
If you're buying
Look at the $400,000 to $700,000 range, where homes took a median 80 days in October and the median sale was $542,500. Sellers who have sat that long are the ones likely to talk price cuts or rate help. Twelve of the 27 October closings took a price cut first, so check listing history before you offer. Nearly all closings were below list, 20 of 27.
If you're selling
Your home's value follows what has closed nearby, and October's sale-to-list ratio was 97%. Price near recent sales, because listings priced above them are sitting. Homes over $700,000 still moved in a median 10 days, as with Millbrook Estates and Olympus Cove, so upper-end sellers have more room than those in the middle. If you are in Holladay Woods or Eastwood Hills, price to local closings, not to the Cove.
Outlook
Fewer showings and fewer new listings are likely in November and December, though 160 listings means buyers will still have plenty to look at. Closings were already light at 27, and a slow winter could keep inventory elevated. If rates keep easing from 7.375%, the middle of the market could pick up first.
Watch for
If new listings stay near 49 a month while closings slip below 25, months of supply would pass 6 and sale-to-list could drift toward 96%.
"Millcreek's faster clock, fuller inventory, softer price"
Common questions about Millcreek this month
What is the median home price in Millcreek? ▾
The median home price in Millcreek was $579,000 in October 2026, down from $606,150 in September. The average sale price was $732,704. The average is higher because nine sales above $700,000 had a median of $813,000 and pull it up. Homes were listed at a median $598,950, above what closed.
Is the Millcreek housing market slowing down? ▾
Sales are slowing even though days on market improved. Millcreek closed 27 homes in October, down from 36 in September. Active listings climbed to 160 and homes sold at 97% of list. That points to a buyer-leaning market.
How much is my Millcreek home worth? ▾
Start from October's median sale price of $579,000 and a sale-to-list ratio of 97%. Homes took a median 30 days to sell, but 80 days in the $400,000 to $700,000 range. Your own value depends on similar homes that closed near you, so ask for those recent sales.
How long do homes take to sell in Millcreek? ▾
The median in October was 30 days, down from 40 in September. Homes over $700,000 sold in a median 10 days. Those between $400,000 and $700,000 took 80 days, and a quarter of all homes took 95 days or more.
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
October 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
27 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 30 · 25th percentile 9 · 75th percentile 95
Needed a price change
Sold listings that had a recorded price change before close
12 of 27 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 neighborhoods this month
Named subdivisions ranked by homes sold · median price · median days to contract
- 1. Millbrook Estates 1 sold · 7d
- 2. Millbrook Heights 2 1 sold · 2d
- 3. Olympus Cove 1 sold · 7d
- 4. Holladay Woods 1 sold · 10d
- 5. Spring Haven 1 sold · 14d
- 6. Eastwood Hills 4 1 sold · 15d
- 7. East Mill Creek 1 sold · 194d
- 8. Melbourne Corner 1 sold · 181d
October 2026 by property type
How each housing type performed last month — 26 closings total across subtypes.
Summary Statistics
| Metric | Oct-26 | Oct-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 27 | 40 | -32.50% | 342 | 329 | +3.95% |
| Median Sale Price | $579,000 | $597,500 | -3.10% | $625,985 | $607,371 | +3.06% |
| Median DOM | 30 | 34 | -11.76% | 24 | 23 | +4.35% |
| Sale-to-List Ratio | 96.98% | 97.90% | -0.94% | 98.50% | 98.50% | 0.00% |
Past months
Browse historical Millcreek reports — each month's snapshot stays at its own permanent URL.
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.