Market analytics · April 2026 archive
North Salt Lake, 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
April 2026 · Market Analysis
North Salt Lake's spring listing wave tests buyers as inventory climbs to a year-over-year double.
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Active inventory in North Salt Lake reached 79 homes in April 2026, up from 66 in March and more than double the 39 active listings recorded in April 2025. That supply build is the defining story this spring: buyers now have roughly twice the selection they had a year ago, while the sale-to-list ratio slipped modestly from 99.58% in April 2025 to 98.81% in April 2026 — a small but real shift in negotiating posture. Closings also picked up, with 27 homes sold in April 2026 compared to 22 in April 2025, suggesting demand is absorbing some of the new supply without stalling.
Market pulse
Active inventory in North Salt Lake has climbed steadily since the winter trough: 45 homes in December 2025, 63 in January 2026, 61 in February, 66 in March, and 79 in April — a consistent upward trend driven by 43 new listings hitting the market in April alone, the highest new-listing count in the six-month window. Days on market tell a more nuanced story: median DOM compressed sharply from 44 days in December to just 16 days in both March and April, suggesting that well-priced homes are still moving quickly even as total supply grows. The sale-to-list ratio has held in a tight band between 97.5% and 99.25% since January, and April's 98.81% reading is consistent with that range — neither a bidding-war market nor a distressed one. Of the 27 homes that closed in April, 15 sold below list price, 6 at list, and 6 above, a distribution that reflects a market where buyers have leverage on overpriced listings but motivated sellers are still getting close to ask.
Mortgage context
The 30-year fixed rate sits at 6.625% as of late May 2026, up 0.375 percentage points over the past 30 days from 6.25% — a meaningful move that adds roughly $108/month to a principal-and-interest payment on a median-priced North Salt Lake home. Rates have been volatile across the past several months: after dipping to a six-month low of 6.19% in February 2026, they climbed 0.43 percentage points to today's 6.625% spot rate, erasing the affordability window that briefly opened earlier this year. At current rates, buyers financing a median-priced home are carrying noticeably higher monthly costs than they would have just 90 days ago, which is contributing to the uptick in homes selling below list price.
Payment math
On a median-priced home today, P&I lands at $2,822/mo at 6.625% — $108/mo more than 30 days ago at 6.25%, and $125/mo above the February 2026 low when rates averaged 6.19% and P&I would have been $2,697.
If you're buying
Target homes that have been active 30 or more days — in April, the 75th-percentile DOM was 47 days, and listings sitting in that range are more likely to accept concessions; the sale-to-list ratio on stale inventory is running closer to 97% than 99%. Foxboro North produced 5 closings in April with a median DOM of 30 days and a median sale price of $560,000, making it a useful comp anchor for negotiating on similar homes that haven't moved. If you're considering the $400K–$700K band, note that 17 of April's 27 closings landed there, so competition is real but not frenzied — come in with inspection contingencies intact and a clean pre-approval at today's 6.625% rate.
If you're selling
With 79 active listings competing for 27 buyers in April, pricing discipline matters more than it did a year ago when inventory was 39 homes and the sale-to-list ratio was 99.58%. Sellers who priced to last spring's conditions are sitting — two homes in April required price changes before closing. If your home is in the Clifton Place Townhomes corridor or Foxboro North, lean on recent comps from those subdivisions specifically: Clifton Place Townhomes closed 3 units in April at a median of $535,000 with zero days on market, which signals strong demand at the right price point. List sharp, stage well, and expect buyers to ask for closing cost help given the rate environment.
Outlook
Over the next 60–90 days, North Salt Lake's inventory is likely to keep building as the spring listing season continues through May and June — historically the city's busiest new-listing months. If rates stay near 6.5%–6.625%, absorption will remain moderate and months-of-supply will hold around 2.5–3.0, keeping the market balanced rather than tipping decisively toward buyers or sellers. Buyers priced out of higher-cost Davis County submarkets like Kaysville or Layton may find North Salt Lake's I-15 corridor access and relative affordability increasingly attractive, which could provide a demand floor even as supply grows.
Watch for
If the 30-year fixed rate crosses 7%, expect the share of homes selling below list price to climb past 60% and months-of-supply to push above 4 in North Salt Lake, particularly in the $400K–$700K band where most transactions are concentrated.
"More homes, more choices — but rising rates are quietly narrowing the field of qualified buyers."
Common questions about North Salt Lake this month
Is North Salt Lake a buyer's or seller's market in April 2026? ▾
It's a balanced market leaning slightly toward buyers. Active inventory doubled year-over-year to 79 homes, and 15 of 27 April closings sold below list price. However, median days on market held at just 16 days and the sale-to-list ratio was 98.81%, so well-priced homes are still attracting competitive offers. Buyers have more leverage than a year ago, but sellers who price correctly are not struggling.
What are homes actually selling for in North Salt Lake right now? ▾
The median sale price in April 2026 was $551,000, up from $492,500 in April 2025. In the most active price band ($400K–$700K), 17 homes closed at a median of $535,000 with a median DOM of 16 days. At the upper end, 7 homes closed above $700K at a median of $1,120,000, with Eaglepointe Estates and Eaglewood Cove driving much of that activity.
How are rising mortgage rates affecting buyers in North Salt Lake? ▾
At today's 6.625% rate, a buyer financing a median-priced home is looking at roughly $2,822/month in principal and interest — $125/month more than they would have paid at February's 6.19% low. That $125/month difference translates to meaningful qualification pressure for buyers near the edge of their budget, and it's one reason 15 of April's 27 closings came in below list price.
Which neighborhoods in North Salt Lake are most active right now? ▾
Foxboro North led all subdivisions in April with 5 closings at a median sale price of $560,000 and a median DOM of 30 days. Clifton Place Townhomes closed 3 units at a median of $535,000 with essentially no days on market, suggesting strong demand for attached product in that corridor. At the luxury end, Eaglepointe Estates posted 3 closings at a median of $1,195,000 with a 50-day median DOM.
Should I wait for rates to drop before buying in North Salt Lake? ▾
Rates have moved from 6.19% in February to 6.625% today, and the near-term trajectory is uncertain — the monthly average was 6.42% in April and 6.51% in May. Waiting for a rate drop while inventory builds could work in your favor if supply continues to grow and sellers become more flexible on price. However, if you find a well-priced home in a neighborhood like Foxboro North or Clifton Place, the current 98.81% sale-to-list ratio suggests you can negotiate without losing the deal — consider buying now and refinancing if rates fall later.
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
April 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 16 · 25th percentile 5 · 75th percentile 47
Needed a price change
Sold listings that had a recorded price change before close
2 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 subdivisions this month
Ranked by closed count
- 1. Foxboro North 5 sold · $560K · 30d
- 2. Eaglepointe Estates 3 sold · $1,195K · 50d
- 3. Clifton Place Townhomes 3 sold · $535K · 0d
- 4. Eaglewood Cove 1 sold · $1,495K · 6d
- 5. Eaglewood Cove Sub 1 sold · $1,120K · 3d
April 2026 by property type
How each housing type performed last month — 26 closings total across subtypes.
Summary Statistics
| Metric | Apr-26 | Apr-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 27 | 22 | +22.73% | 86 | 65 | +32.31% |
| Median Sale Price | $551,000 | $492,500 | +11.88% | $513,628 | $504,756 | +1.76% |
| Median DOM | 16 | 9 | +77.78% | 26 | 26 | 0.00% |
| Sale-to-List Ratio | 98.81% | 99.58% | -0.77% | 98.43% | 98.87% | -0.45% |
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.