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Market analytics

Riverton, 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

Riverton homes close in 5 days as Mountain Ridge sales carry June's pace

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Median days on market in Riverton dropped to 5 in June 2026, down from 23 in May and the shortest span of the past six months — a sharp reversal from the 50-day median a year earlier in June 2025. Thirty-five homes closed, up from 27 in May but still below the prior 12-month average of 42, while active listings kept building to 121, more than double January's 61. Mountain Ridge did much of the work, with 11 of June's 35 sales closing at a median of 0 days on market.

Market pulse

Closings have swung widely since January — 21, then 17, 38, 50, 27, and now 35 in June — while median days on market compressed from 77 in January to 14 in February before climbing back to 23 in May and then dropping to 5 this month. Active inventory has moved steadily upward every month since February's 82, reaching 121 in June, even as new listings hit 70, the highest of the six-month window. Sale-to-list ratio held near 99% all spring and sits at 99.18% now, showing sellers are still getting close to asking despite more choices on the market. Under-$400K homes remain the outlier, with a 32-day median compared to 1 day in the $400K-$700K band.

Mortgage context

The 30-year rate has climbed from 6.19% in February to 6.66% in June and 6.73% in July, adding real cost to Riverton's median $615,000 home even as closings speed up. At 6.875% today, up 0.25 percentage points from 6.625% just 30 days ago, a buyer's monthly payment rose by $82, or 2.6%, in a single month — the kind of move that can push a marginal buyer to act now rather than wait.

Payment math

A buyer financing Riverton's $615,000 median home with 20% down is now looking at $3,232 a month in principal and interest at 6.875%, up $82 from $3,150 just 30 days earlier at 6.625%, and $222 above the $3,010 payment they'd have locked in back in February 2026 when rates averaged 6.19%.

If you're buying

With median days on market at 5 and a quarter of homes taking 21 days or fewer, move fast when something in the $400K-$700K band hits — 18 of June's 35 closings were in that range at a median $543,097. Mountain Ridge alone accounted for 11 sales this month with a median 0 days on market, so watch that subdivision closely and have financing ready before you tour. The 11 price-cut closings out of 35 show some sellers are still negotiable if you're patient on pricier listings.

If you're selling

Price close to recent sales in your band — homes are closing at 99.18% of list, and 21 of 35 June sales went below asking, so overpricing invites a cut rather than a bidding war. Active listings climbed to 121 from 61 in January, so differentiate on condition or price within the first two weeks while days-on-market stays this short. If you're above $700K, expect a longer runway — that band's median days on market has bounced between 4 and 33 the past three months.

Outlook

With rates already at 6.875% and trending up from 6.19% in February, expect some buyers to keep pulling forward purchases before further increases, which should keep days on market short in the $400K-$700K range through late summer. Inventory at 121 active listings, the highest of the past six months, gives buyers more room to negotiate on anything sitting past three weeks, particularly under $400K where the median stretch is still 32 days. Sellers pricing to last month's 99% sale-to-list ratio should still expect competitive activity if they're realistic on day one.

Watch for

If new listings keep running near June's 70 a month while closings stay near the 35-42 range, active inventory likely pushes past 140 by September, tipping more leverage toward buyers outside the sub-$700K band.

"Riverton's fastest closings of the year, even as inventory keeps climbing"
This summary is based on the MLS data available to us for June 2026 and current published mortgage rates. We make no warranties or claims regarding accuracy, completeness, or future market performance; figures should not be relied on for transaction decisions without independent verification by a licensed agent.

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

35 sold homes that had a list price recorded

9
Above asking
25.7%
5
At asking
14.3%
21
Below asking
60%

Days on market spread

Quartile distribution

0-21 days (middle 50%)

Median 5 · 25th percentile 0 · 75th percentile 21

Needed a price change

Sold listings that had a recorded price change before close

31.4% of closings

11 of 35 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

Under $400K
5
sold
~32 day median DOM
$325K median sale
$400K – $700K
18
sold
~1 day median DOM
$543K median sale
$700K+
12
sold
~4 day median DOM
$823K median sale

Top subdivisions this month

Ranked by closed count

  1. 1. Mountain Ridge 11 sold · $531K · 0d
  2. 2. The Foothills Plat A 2 sold · $586K
  3. 3. Park 2 sold · $480K · 8d
  4. 4. Myers Park 1 sold · $1,304K · 44d
  5. 5. North Creek Estates 1 sold · $1,210K · 5d

June 2026 by property type

How each housing type performed last month — 34 closings total across subtypes.

Single-family
19
sold in June 2026
Median sale $740,000
Median DOM 0 days
Share of closings 55.9%
Townhouse
9
sold in June 2026
Median sale $483,936
Median DOM 0 days
Share of closings 26.5%
Condo
6
sold in June 2026
Median sale $343,000
Median DOM 17 days
Share of closings 17.6%

Summary Statistics

Metric Jun-26 Jun-25 % Chg 2026 YTD 2025 YTD % Chg
Sold Count 35 59 -40.68% 188 271 -30.63%
Median Sale Price $615,000 $558,000 +10.22% $614,805 $581,238 +5.78%
Median DOM 5 50 -90.00% 22 41 -46.34%
Sale-to-List Ratio 99.18% 99.10% +0.08% 98.81% 99.11% -0.30%

Past months

Browse historical Riverton 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.