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
August 2026 · Market Analysis
Riverton closings slow to 32 days as Mountain Ridge's fast-sale run ends
Get this report emailed every month
✓ You're in — see you next month.
Riverton's median days on market jumped to 32 in August 2026, up from 4 in July and the slowest pace since May's 25 — a real reversal after three straight months near single digits. Only 26 homes closed, down from 31 in July and well below the prior 12-month average of 37, so August's numbers reflect a genuinely quiet month rather than a clean read on demand. Active listings kept climbing anyway, reaching 126, so buyers are seeing more choices while sellers wait longer for offers.
Market pulse
The days-on-market swing is the story: 5 in June, 4 in July, then a jump to 32 in August, with a quarter of homes now taking past 71 days to sell. Active inventory has built every month since March's 76, reaching 126 in August, while new listings actually pulled back to 43 from June's 70. Closings have been choppy all summer — 35, 31, then 26 — landing well under the prior 12-month average of 37, and price cuts before sale hit 15 of August's 26 closings, the most of any month this year. No single subdivision carried the month the way Mountain Ridge did in June and July; instead sales spread thin across Park, Parkside, and South Meadows with only two closings apiece.
Mortgage context
The 30-year rate sits at 6.875% today, up 0.125 percentage points from 6.75% thirty days ago, and that's part of why closings slowed. Rates have climbed steadily since February's 6.16% average through July's 6.79% and September's 6.88%, adding real cost to every Riverton buyer's monthly payment along the way.
Payment math
A $570,000 median-priced Riverton home with 20% down now runs $2,996 a month in principal and interest at 6.875%, compared with $2,958 just 30 days ago at 6.75% — and $215 more than the $2,781 payment buyers locked in back in February when rates averaged 6.16%.
If you're buying
With inventory at 126 active listings and a quarter of homes sitting past 71 days, buyers have room to negotiate — 15 of August's 26 closings came after a price cut, so ask what a listing's history looks like before offering near asking. Focus on the 400-700k band, where August's median sale of $542,450 still closed 12 points below the median list price of $654,000 citywide.
If you're selling
If your home isn't priced right, you'll likely join the 15 August sellers who had to cut before closing — price close to what similar homes actually sold for, not the $654,000 median list figure, which is running well above August's $570,000 median sale. Homes in Parkside closed near $400,000 this month while Mountain Ridge sat closer to $643,000, so lean on recent sales in your specific subdivision rather than a citywide number.
Outlook
Expect days on market to stay elevated into fall as inventory keeps building against a lighter new-listing count — 43 new listings in August against 126 active is a slow-refill signal, not a rebound. With rates near 6.875% and climbing toward September's 6.88% average, buyer urgency is likely to stay muted through the next 60-90 days unless rates pull back.
Watch for
If new listings keep running below 50 a month while active inventory holds near 126, months-of-supply likely pushes further past the current 4.85 reading by late fall, giving buyers even more leverage on price.
"Riverton's speed streak breaks in August"
Common questions about Riverton this month
Is Riverton a buyer's or seller's market in August 2026? ▾
Leverage has shifted toward buyers. Active listings reached 126 while only 26 homes closed, and the median days on market jumped to 32 from just 4 in July. Sellers who priced too high are seeing it — 15 of the 26 August closings involved a price cut first.
Why did homes suddenly take longer to sell in Riverton this month? ▾
June and July both saw median days on market near 4-5, largely driven by fast Mountain Ridge sales, but that pace didn't hold into August. With no single subdivision carrying volume this month and inventory at 126 versus 43 new listings, homes are sitting longer simply because supply is outpacing demand.
How much has the mortgage rate climb affected affordability in Riverton? ▾
The 30-year rate sits at 6.875% today versus 6.16% back in February, adding about $215 a month to the payment on a $570,000 median-priced home with 20% down. Just in the past 30 days, the rate moved from 6.75% to 6.875%, adding $38 to the monthly payment.
Should sellers in Riverton expect to negotiate on price this fall? ▾
Likely yes. The median list price of $654,000 is running well above the $570,000 median sale price, and 15 of August's 26 closings needed a price cut before selling. Pricing closer to recent sales in your specific subdivision, rather than the citywide asking-price median, will matter more than usual.
Which Riverton neighborhoods are seeing the most activity right now? ▾
August sales were spread thin rather than concentrated — Park, Parkside, and South Meadows each saw only one or two closings, a shift from June and July when Mountain Ridge alone accounted for 11-12 sales a month. Parkside closed near $400,000 while pricier pockets like Myers Park and South Meadows saw single sales over $1.2 million.
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
August 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 29 · 25th percentile 6 · 75th percentile 65
Needed a price change
Sold listings that had a recorded price change before close
15 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. Mountain Ridge 2 sold · $643K
- 2. Park 2 sold · $613K · 50d
- 3. Parkside 2 sold · $400K · 93d
- 4. Myers Park 1 sold · $1,300K · 87d
- 5. South Meadows 1 sold · $1,210K · 28d
August 2026 by property type
How each housing type performed last month — 27 closings total across subtypes.
Summary Statistics
| Metric | Aug-26 | Aug-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 27 | 73 | -63.01% | 246 | 411 | -40.15% |
| Median Sale Price | $550,000 | $543,000 | +1.29% | $598,896 | $575,874 | +4.00% |
| Median DOM | 29 | 126 | -76.98% | 20 | 57 | -64.91% |
| Sale-to-List Ratio | 98.94% | 95.87% | +3.20% | 98.84% | 98.42% | +0.43% |
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.