Market analytics
Pleasant Grove, 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
Pleasant Grove sales jump 38% in October, but price cuts reach 16 of 29 closings
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Pleasant Grove's housing market picked up in October, with 29 closings against 21 in September, and the median home price was $545,000. That matches the 29 sales of October 2025, when the median sale price was $518,000. Buyers still hold the edge: homes sold at 98.3% of list, 18 of the 29 closed below asking, and the median home took 37 days to sell. Active listings numbered 92, about 3 months of supply at this pace.
Market pulse
Closings did the moving this month, rising from 21 in September to 29 in October. Supply eased too, as active listings fell from 103 to 92 and new listings dropped from 32 to 17. Buyers had leverage on price: 16 of the 29 closings took a price cut first, and the sale-to-list ratio slipped from 100.3% in September to 98.3%. Median list price was $622,400, well above the $545,000 median sale, so recent closings are a better guide than asking prices. Gateway Village led with four sales at a median $317,750 after 51 days on market.
Mortgage context
Pleasant Grove splits fairly evenly by price. Nine October closings were under $400,000, 11 landed between $400,000 and $700,000, and nine were above $700,000. Buyers in the middle band, with a $545,000 median, feel each rate move most, and the 30-year slipping 0.375 percentage points in the past month helps them directly.
Payment math
Put 20% down on the $545,000 median home price and principal and interest comes to $3,011 a month at 7.375%, which is $112 less than the $3,124 at 7.75% thirty days ago, yet still $278 above the $2,733 payment in April, when rates averaged 6.42%.
If you're buying
Homes above $700,000 moved fastest in October, a median 19 days at $1,145,000, so expect less slack there. The better bargaining sits in the $400,000 to $700,000 band and under $400,000, where the median was 37 and 38 days. Gateway Village condos closed around $317,750 after a median 51 days, and Orchard Grove's one sale took 202 days, so long-listed homes are where price cuts are most likely.
If you're selling
Your home's worth follows what has closed nearby, and October closings averaged 98.3% of list. With 16 of 29 sales taking a price cut first, a list price near $622,400 median asking is likely to need trimming. Price at recent sales from the start. County Meadows had two sales at a median $580,000 in 36 days, a useful check for the mid-range.
Outlook
Winter will likely thin out showings and new listings, and October's 17 new listings suggest that is already happening. With 92 homes still for sale, buyers keep choices into the new year. If the 30-year keeps easing from 7.375%, closings could hold near 29, though spring is when Pleasant Grove usually gains pace.
Watch for
If new listings stay near 17 a month while closings hold near 29, inventory would fall below 80 homes by January and sale-to-list would likely drift back toward 99%.
"More homes closed in Pleasant Grove, but most sold under list and over half took a price cut first."
Common questions about Pleasant Grove this month
What is the median home price in Pleasant Grove? ▾
The median home price in Pleasant Grove was $545,000 in October 2026, up from $518,000 a year earlier. The average sale price was $680,607. It runs higher because nine sales above $700,000 had a median of $1,145,000, which pulls the average up. The median list price was $622,400.
Is Pleasant Grove a buyer's or seller's market? ▾
October leaned toward buyers. Homes sold at 98.3% of list, 18 of 29 closed below asking, and 92 homes were for sale, about 3 months of supply. Sellers still closed 29 sales, so demand remains active.
How much is my Pleasant Grove home worth? ▾
Start from the $545,000 median sale price in October and the 98.3% sale-to-list ratio. Homes took a median 37 days to sell. Your own home's value depends on recent comparable sales close to it, so look at what similar homes in your subdivision closed for.
How long do homes take to sell in Pleasant Grove? ▾
The median home in Pleasant Grove took 37 days to sell in October, up from 31 in September. Homes over $700,000 took a median 19 days, while the $400,000 to $700,000 band took 37 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
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
30 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 37 · 25th percentile 15 · 75th percentile 62
Needed a price change
Sold listings that had a recorded price change before close
16 of 30 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. Gateway Village 4 sold · 51d
- 2. Manila 2 sold · 14d
- 3. Wade Springs 2 sold · 20d
- 4. Country Meadows 2 sold · 36d
- 5. Country Lane 1 sold · 47d
- 6. Blossom Hill 1 sold · 15d
- 7. Simmonds 1 sold · 91d
- 8. Falcon View 1 sold · 16d
October 2026 by property type
How each housing type performed last month — 28 closings total across subtypes.
Summary Statistics
| Metric | Oct-26 | Oct-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 30 | 29 | +3.45% | 263 | 297 | -11.45% |
| Median Sale Price | $557,500 | $518,000 | +7.63% | $536,937 | $508,332 | +5.63% |
| Median DOM | 37 | 52 | -28.85% | 25 | 28 | -10.71% |
| Sale-to-List Ratio | 98.47% | 99.46% | -1.00% | 99.19% | 99.00% | +0.19% |
Past months
Browse historical Pleasant Grove 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.