Market analytics · April 2026 archive
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
April 2026 · Market Analysis
Riverton closings climb as spring buyers return — but rising rates are trimming the field
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Closed sales in Riverton picked up meaningfully in April 2026, reaching 50 transactions — up 31.6% from March's 38 and running ahead of the prior 12-month average of 45 closings per month. That volume compares to 54 closings in April 2025, making this April the second-strongest of the two on record, with buyers clearly re-engaging after a slow winter. Active inventory stood at 99 homes, well below the 228 active listings Riverton carried in April 2025, meaning buyers are competing over a much thinner selection even as demand has returned.
Market pulse
Riverton's market has moved through a clear seasonal arc over the past six months. Closings bottomed at 17 in February 2026, then recovered to 38 in March and 50 in April as spring buying season arrived. Median days on market compressed sharply — from 77 days in January to 14 in February, 15 in March, and 18 in April — signaling that well-priced homes are moving quickly once listed. New listings accelerated from 25 in January to 41 in February, 51 in March, and 59 in April, keeping active inventory growing modestly (64 in January, 87 in February, 91 in March, 99 in April) without creating a glut. The sale-to-list ratio eased slightly to 98.09% in April from March's 99.72%, and 30 of 50 closings came in below list price — a sign that buyers have a little more room to negotiate than they did a month ago.
Mortgage context
The 30-year fixed rate has climbed to 6.625% today, up 0.375 percentage points from 6.25% thirty days ago — a move that adds real dollars to monthly payments on Riverton's median-priced home. After touching a six-month low of 6.19% in February, rates have risen 0.43 percentage points to the current spot, reversing the brief affordability window that opened early in the year. FHA financing at 6.00% and VA loans at 6.25% remain meaningfully cheaper options for qualifying buyers, and the gap between conventional and jumbo (7.375%) is wide enough to make loan-size decisions consequential for buyers eyeing Riverton's over-$700K segment.
Payment math
On a median-priced home today, P&I lands at $3,196/mo at 6.625% — $123/mo more than 30 days ago at 6.25%, and $142/mo above the February low when rates averaged 6.19% and P&I would have been $3,054.
If you're buying
Target homes that have been sitting 45 days or longer — in April, the 75th-percentile DOM was 57 days, and homes in that tail are closing closer to 96–97% of list rather than the 98–99% range seen on fresh listings. In the $400K–$700K band, median DOM was just 8 days in April, so move quickly on anything new in that range; the over-$700K segment (median DOM 15 days in April) is also competitive, but the jumbo rate of 7.375% is a real cost — buyers in that band should run the numbers on a conforming-plus-second-lien structure before assuming jumbo is the only path. Neighborhoods like Western Springs and the Foothills corridor have seen consistent activity; homes there priced at or just under recent comps are attracting multiple offers within the first two weeks.
If you're selling
With 30 of 50 April closings coming in below list price and the sale-to-list ratio slipping from 99.72% in March to 98.09% in April, sellers who price to last spring's peak ratios are leaving homes to sit. Price within 1–2% of current comps from the past 60 days — not April 2025 comps, when Mountain Ridge new-construction was clearing at very different price points. Homes in the Meadows and Homestead ES areas that are move-in ready and priced accurately are still moving in under three weeks; condition and pricing discipline matter more now that buyers have 99 active listings to choose from rather than the 63 that were available in December.
Outlook
Over the next 60–90 days, Riverton's inventory will likely continue building as new listings have run above 50 per month for two consecutive months — if that pace holds through June, active count could approach 120–130 homes, giving buyers more options and putting modest downward pressure on the sale-to-list ratio. Rate trajectory is the key wildcard: the 30-year has climbed 0.43 percentage points since February's low, and any further move toward 7% would meaningfully reduce the pool of qualified buyers in Riverton's $600K–$700K core price range. Seasonal demand typically peaks in May and June along the Wasatch Front, so sellers who list in the next 30 days are entering the strongest window of the year — but they'll need to price for today's rate environment, not last year's.
Watch for
If the 30-year fixed rate crosses 7%, expect Riverton's months-of-supply to climb past 3.0 and the sale-to-list ratio to drift below 97% as buyers in the $550K–$700K range — the market's highest-volume band — get priced out or pull back to wait.
"Riverton's spring rebound: more closings, tighter inventory, and a rate headwind that's starting to bite."
Common questions about Riverton this month
Is Riverton a buyer's or seller's market in April 2026? ▾
It's a mild seller's market, but less decisively so than a month ago. Absorption sits at 1.98 months of supply in April — well below the 4–6 months that would signal a balanced market — and median DOM is just 18 days. That said, 60% of April closings came in below list price and the sale-to-list ratio slipped to 98.09%, so sellers no longer hold the same leverage they did in March when the ratio was 99.72%.
How does April 2026 compare to April 2025 in Riverton? ▾
Closings were slightly lower — 50 in April 2026 versus 54 in April 2025 — but the market feels tighter because active inventory dropped from 228 homes a year ago to just 99 today. Median DOM improved dramatically, from 49 days in April 2025 to 18 days in April 2026, and the median sale price came in at $624,000 versus $632,500 a year ago, a modest decline of about 1.3%.
What price range is moving fastest in Riverton right now? ▾
The $400K–$700K band had a median DOM of just 8 days in April 2026, with 25 closings — the highest volume of any price tier. The over-$700K segment also moved quickly at a median 15 days, driven in part by Mountain Ridge, which recorded 8 closings at a median sale price of $810,623. Homes under $400K took longer at 37 days median DOM, and that segment saw only 7 closings.
What is the monthly payment on a typical Riverton home at today's rates? ▾
At the current 30-year rate of 6.625%, a median-priced Riverton home at $624,000 carries a principal-and-interest payment of approximately $3,196 per month (assuming 20% down). That's $123/mo more than 30 days ago when rates were 6.25%, and $142/mo above the February low when rates averaged 6.19%. VA-eligible buyers can access 6.25% today, which brings the payment closer to $3,074/mo.
Are new listings keeping up with demand in Riverton? ▾
New listings have accelerated sharply — from 25 in January to 41 in February, 51 in March, and 59 in April — which is why active inventory has grown from 64 homes in January to 99 in April. However, closings are also rising, so supply isn't building as fast as the new-listing count alone might suggest. If new listings continue at this pace through May and June, buyers in neighborhoods like Western Springs and the Foothills area will have meaningfully more options than they did over the winter.
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
50 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 18 · 25th percentile 3 · 75th percentile 57
Needed a price change
Sold listings that had a recorded price change before close
1 of 50 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 8 sold · $811K · 15d
- 2. Meadows 4 sold · $740K · 42d
- 3. Tate 2 sold · $1,204K · 82d
- 4. Homestead Es 2 sold · $589K · 5d
- 5. Park 2 sold · $468K · 17d
April 2026 by property type
How each housing type performed last month — 50 closings total across subtypes.
Summary Statistics
| Metric | Apr-26 | Apr-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 50 | 54 | -7.41% | 126 | 156 | -19.23% |
| Median Sale Price | $624,000 | $632,500 | -1.34% | $608,280 | $593,163 | +2.55% |
| Median DOM | 18 | 49 | -63.27% | 26 | 41 | -36.59% |
| Sale-to-List Ratio | 98.26% | 98.66% | -0.41% | 98.78% | 99.12% | -0.34% |
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.