Market analytics · April 2026 archive
Price, 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
Price homes are closing faster this spring as buyer demand outpaces the slow winter pace.
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In April 2026, Price recorded 18 closings — up from 15 in April 2025 and the most active April in the two-year comparison window — while median days-on-market dropped sharply to 39 days from 73 days in March. That speed shift is the defining story of the month: homes that sat for two-plus months through the winter are now moving in roughly five weeks. Active inventory held nearly flat at 77 homes, down slightly from March's 79, suggesting the faster pace is absorbing new supply about as quickly as it arrives.
Market pulse
Median days-on-market swung dramatically over the past six months: from 76 days in November 2025, down to 41 in December, back up to 84 in January and 121 in February — the slowest stretch of the cycle — then recovering to 73 in March before compressing to 39 in April 2026. The sale-to-list ratio also improved, reaching 97.32% in April versus 95.97% in March and 94.06% in January, indicating sellers are conceding less ground at the table. Closed volume climbed from 8 sales in each of November and December to 12 in January and February, 14 in March, and 18 in April — a clear upward step as spring buying activity arrived in Carbon County. Absorption tightened to 4.28 months in April from 5.64 in March, reflecting both the higher close count and the slight dip in active inventory.
Mortgage context
The 30-year fixed rate in Price currently sits at 6.625%, up 0.375 percentage points over the past 30 days from 6.25% — a meaningful move for buyers in a market where most homes trade under $400,000. Rates climbed 0.43 percentage points from February's monthly average low of 6.19% to today's 6.625% spot, adding real cost to every transaction. FHA financing at 6.00% and VA loans at 6.25% remain the more affordable entry points for Carbon County buyers who qualify, and those programs likely account for a meaningful share of the under-$400K closings that dominated April.
Payment math
On a median-priced home today, P&I lands at $1,460/mo at 6.625% — $56/mo more than 30 days ago at 6.25%, and $65/mo above the February low when rates averaged 6.19% and P&I would have been $1,395.
If you're buying
Target homes in the under-$400K band that have been listed past 60 days — the 14 closings in that segment carried a median DOM of 19 days for April, but the P75 DOM was 80 days, meaning a meaningful tail of listings is still sitting and sellers there are more negotiable. Subdivisions like Parkdale and Crestview Addition have shown longer hold times historically, so those are worth scrutinizing for price-reduction leverage. If you qualify for FHA at 6.00% or VA at 6.25%, the payment difference versus a conventional 6.625% loan on a $285,000 home is roughly $60–$80/month — worth the paperwork in this price range.
If you're selling
Price your home at or just below the $335,000 median list price if you're in the under-$400K band — that segment cleared 14 homes in April at a 97.32% sale-to-list ratio, and buyers are moving quickly on well-positioned listings (Castle Heights Sub closed in 6 days in April). Homes in the $400K–$700K range are taking longer — median DOM of 58 days in April — so sellers in Krompel Subdivision or Desert Canyons price territory should expect to negotiate and should price with that in mind rather than anchoring to last winter's higher comps.
Outlook
Price's spring momentum — faster closings, improving sale-to-list ratios, and the most April closings in at least two years — points to a reasonably active May and June, provided rates don't climb further. The 30-year rate's recent move to 6.625% is already trimming affordability for buyers in this market, and a continued rise toward 7% would likely slow the under-$400K segment that has been carrying volume. Seasonal patterns in Carbon County typically support steady activity through July before softening in late summer, so the next 60–90 days represent the window where well-priced homes in neighborhoods like Westwood Estates and Castle Heights move most efficiently.
Watch for
If the 30-year fixed rate crosses 7%, expect median DOM in Price to climb back above 60 days and absorption to widen past 6 months, as the under-$400K buyer pool — already stretched at current rates — would shrink materially.
"Price's spring acceleration: homes moving in 39 days as closings hit an April high-water mark."
Common questions about Price this month
Is Price, Utah a buyer's or seller's market in April 2026? ▾
It's a mild seller's market in the under-$400K segment, where 14 homes closed in April at a 97.32% sale-to-list ratio and a median DOM of just 19 days. The $400K–$700K range is more balanced — 4 closings with a median DOM of 58 days — giving buyers in that band more room to negotiate. Overall, conditions favor sellers on well-priced entry-level homes but are more neutral above $400K.
How long are homes sitting on the market in Price right now? ▾
The median days-on-market in April 2026 was 39 days, down sharply from 73 days in March and 121 days in February. That said, the 75th percentile DOM was 80 days, meaning roughly a quarter of homes are still taking well over two months to close — particularly in the $400K–$700K range, where the April median DOM was 58 days.
What does the current mortgage rate mean for buying a home in Price? ▾
At today's 30-year rate of 6.625%, the principal-and-interest payment on a median-priced Price home (around $285,000) runs approximately $1,460/month. That's $56/month more than 30 days ago when rates were at 6.25%, and $65/month above February's low. Buyers who qualify for FHA at 6.00% or VA at 6.25% can reduce that payment by $60–$80/month, which matters significantly at this price point.
Are home prices rising or falling in Price, Utah? ▾
The median sale price in April 2026 was $284,923, compared to $258,000 in April 2025 — a year-over-year increase of about 10%. However, monthly medians in this market fluctuate with the mix of homes closing, so a single month's figure shouldn't be read as a precise trend line. The average sale price in April was $316,321, pulled up by four closings in the $400K–$700K band including a Krompel Subdivision home at $470,000.
Which neighborhoods in Price are selling fastest right now? ▾
In April 2026, Castle Heights Sub stood out with a 6-day DOM on a $350,000 sale. The Dessert Canyons Subdivision closed in 46 days at $410,000. Crestview Addition had two closings with a median DOM of 101 days and a median sale of $376,000, suggesting that corridor takes longer to move but still transacts. Parkdale had one closing but at 222 days on market — a reminder that some listings in Price require significant patience even in an improving month.
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
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
18 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 39 · 25th percentile 11 · 75th percentile 80
Needed a price change
Sold listings that had a recorded price change before close
0 of 18 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. Crestview Addition 2 sold · $376K · 101d
- 2. Krompel Subdivision 1 sold · $470K · 70d
- 3. Dessert Canyons Subdivision 1 sold · $410K · 46d
- 4. Castle Heights Sub 1 sold · $350K · 6d
- 5. Parkdale 1 sold · $349K · 222d
April 2026 by property type
How each housing type performed last month — 18 closings total across subtypes.
Summary Statistics
| Metric | Apr-26 | Apr-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 18 | 15 | +20.00% | 56 | 46 | +21.74% |
| Median Sale Price | $284,923 | $258,000 | +10.44% | $315,672 | $279,891 | +12.78% |
| Median DOM | 39 | 33 | +18.18% | 75 | 40 | +87.50% |
| Sale-to-List Ratio | 97.32% | 96.18% | +1.19% | 96.49% | 96.22% | +0.28% |
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.