Market analytics · September 2026 archive
Santaquin, 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
September 2026 · Market Analysis
Santaquin's median wait drops to 9 days, yet 164 listings give buyers choice
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Santaquin's housing market sped up in September, with a median of 9 days on market, down from 23 in August. The median home price came in at $534,950, and homes closed at 100.2% of list. Speed is misleading, though. Only 18 homes closed while active listings reached 164, so at September's pace it would take about 9 months to sell everything listed. A year ago, 89 homes were for sale and the median wait was 33 days.
Market pulse
Active listings have grown from 78 in April to 164 in September, and new listings jumped to 60 from 43 in August. Closings fell to 18 from 23 over the same month. The median home price rose to $534,950 from $496,430, but the mix matters: 7 closings were under $400,000 and just one was over $700,000. Stratton Acres tells the slower side of the story, with 3 sales at a median of 97 days on market and $624,490.
Mortgage context
Entry-level buyers in Silver Oaks feel the rate most, since seven of September's 18 closings were there at a median $321,900. Mid-priced homes in the $400,000 to $700,000 range, where ten closings landed at a median $594,995, carry the biggest payment jump. The 30-year rate has risen 0.375 percentage points in the past 30 days.
Payment math
Buying at the $535,000 median home price with 20% down now costs $2,992 a month in principal and interest at 7.5%, which is $109 more than the $2,883 payment 30 days ago at 7.125%, and $309 above April's low, when rates averaged 6.42% and the payment would have been $2,683.
If you're buying
Look at Stratton Acres, where three homes closed after a median 97 days at $624,490, so sellers there have already shown patience. Ask for a price cut or seller-paid rate help on anything listed longer than a month. Four of September's 18 closings took a price cut first, so reductions are happening. Skip the under-$400,000 Silver Oaks range for bargaining, because those homes sold in 9 days.
If you're selling
Yours is one of 164 active listings, up from 89 a year ago, so price it right the first week. Homes closed at 100.2% of list in September, but that was a thin month, and August averaged 97.8%. If you're in Silver Oaks, recent sales near $321,900 support firm pricing. Elsewhere, compare your home with what closed, not with the $525,000 median list price.
Outlook
Showings usually thin as October turns cold, and with 164 homes listed, supply is likely to outlast demand into winter. Rates at 7.5% add to that drag on closings. Expect more price cuts than bidding wars, with the best-priced starter homes still moving quickly.
Watch for
If new listings stay near 60 a month while closings stay under 20, months of supply would pass 9 by December and sale-to-list would likely slip back toward 98%.
"Fast closings on a few homes, a long list of the rest"
Common questions about Santaquin this month
What is the median home price in Santaquin? ▾
The median home price in Santaquin was $534,950 in September 2026, compared with $499,990 a year earlier. The average sale price was $497,159, lower than the median. That is because seven of the 18 closings were under $400,000, at a median of $321,900, which pulls the average down. The median list price was $525,000.
Is the Santaquin housing market slowing down? ▾
Closings are slowing even though the speed of each sale looks quick. Santaquin had 18 closings in September versus 23 in August, while active listings rose to 164 from 129. Median days on market fell to 9, but with about 9 months of supply the market leans toward buyers.
How much is my Santaquin home worth? ▾
Santaquin homes sold at a median $534,950 in September and closed at 100.2% of list, in a median of 9 days. Those are citywide figures, and they swing with a small sample of 18 sales. Your home's value depends on what similar homes nearby sold for, especially in your own subdivision.
Where are Santaquin homes selling fastest? ▾
Silver Oaks led September with 7 closings at a median $321,900 after a median of 9 days. Stratton Acres had 3 sales at a median $624,490, but they took 97 days. Fast sales are concentrated in the entry-level range.
How have rates changed Santaquin mortgage payments? ▾
At 7.5%, principal and interest on the $535,000 median home price with 20% down is $2,992 a month. That is $109 more than 30 days ago and $309 more than in April. Rates have risen 1.08 percentage points since April's low.
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
September 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
25 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 28 · 25th percentile 9 · 75th percentile 70
Needed a price change
Sold listings that had a recorded price change before close
7 of 25 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. Silver Oaks 8 sold · $321K · 11d
- 2. Stratton Acres 3 sold · 97d
- 3. The Orchards 2 sold · 25d
- 4. Oak Ridge Estates 1 sold · 42d
- 5. The Canyon 1 sold · 15d
- 6. Foothill Village 1 sold · 91d
- 7. Oak Summit 1 sold · 40d
- 8. Santaquin Meadows 1 sold · 69d
September 2026 by property type
How each housing type performed last month — 25 closings total across subtypes.
Summary Statistics
| Metric | Sep-26 | Sep-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 25 | 27 | -7.41% | 220 | 278 | -20.86% |
| Median Sale Price | $519,900 | $499,990 | +3.98% | $475,752 | $465,946 | +2.10% |
| Median DOM | 28 | 33 | -15.15% | 32 | 30 | +6.67% |
| Sale-to-List Ratio | 99.81% | 99.92% | -0.11% | 99.41% | 100.03% | -0.62% |
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.