Market analytics · September 2026 archive
Vernal, 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
Vernal closings got quicker in September, but 136 listings give buyers the edge
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Vernal homes that closed in September took a median 15 days to sell, half of August's 30, and the median home price was $350,000. Even so, this is leaning toward buyers in the Vernal housing market: active listings reached 136, up from 100 a year ago, and sellers got about 95% of list price. Only 15 homes closed against a trailing 12-month average of 23, so one month of speed doesn't settle much. Last September the median sale price was $395,500, so prices are down about 11% from a year ago.
Market pulse
Inventory has been the steadier story. Active listings grew from 74 in April to 136 in September, while closings stayed between 15 and 18 each month since June. Speed has swung more: the median was 59 days in May and 8 in June. September's 15 is another swing, not a new pace. Meanwhile the median list price of $389,950 sits well above the $350,000 median sale price, so go by what has closed rather than what is asked.
Mortgage context
Eleven of September's 15 closings were under $400,000, with a median of $288,550, so entry-level buyers feel the rate most here. Four sales landed between $400,000 and $700,000, at a median $497,500. Borrowing costs have climbed since spring, which helps explain why homes now wait longer for a buyer than the 15-day median suggests.
Payment math
Financing the $350,000 median home price with 20% down costs $1,958 a month in principal and interest at 7.5%, which is $71 more than the $1,886 payment 30 days ago at 7.125%, and $203 above April's low, when rates averaged 6.42% and the payment would have been $1,755.
If you're buying
Four of September's 15 closings followed a price cut, so ask about cuts on listings that have sat a month or more. Most of the action was under $400,000, where homes closed in a median 13 days, so move quickly there. Higher up, in the $400,000 to $700,000 band, you have more time and more room to bargain.
If you're selling
With 136 homes for sale and buyers paying about 95% of list, price at what has recently closed, not at the $389,950 median asking price. Homes under $400,000 are the ones selling fast, so condition and price matter most there. One Midland Heights home sold in 13 days for $338,000, while one Cottonwood Heights home took 66 days at $350,000.
Outlook
Fall usually firms the Uintah Basin briefly before winter slows showings. With rates at 7.5% and months of supply near 9, expect listings to stay high into winter. Sellers who list in October and November will compete with that full list.
Watch for
If new listings keep running near 44 a month while closings stay around 15, months of supply would climb past 9, and sale-to-list could slip toward 93% by winter.
"Vernal sold quickly in September, yet the list of homes keeps growing"
Common questions about Vernal this month
What is the median home price in Vernal? ▾
The median home price in Vernal was $350,000 in September 2026, from 15 closings. The average sale price was $329,551, lower than the median because no homes sold above $700,000 and 11 of 15 sold under $400,000, at a median $288,550. The median list price was $389,950.
Is Vernal a buyer's or seller's market? ▾
It leans toward buyers in September 2026. Active listings reached 136, which is about 9 months of supply at the current pace, and homes sold for about 95% of list. Faster closings at a 15-day median show well-priced homes still move.
How much is my Vernal home worth? ▾
Vernal's median sale price was $350,000 in September, down from $395,500 a year ago. Homes sold at about 95% of list, so expect offers below asking. Your own home's value depends on recent comparable sales nearby, especially in your price band.
How long do homes take to sell in Vernal? ▾
In September 2026, Vernal homes took a median 15 days to sell, down from 30 in August. A quarter of homes took longer than 48 days. Homes under $400,000 closed in a median 13 days.
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
22 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 32 · 25th percentile 14 · 75th percentile 76
Needed a price change
Sold listings that had a recorded price change before close
9 of 22 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. Ashley Estates 1 sold · 100d
- 2. Countryside Drive 1 sold · 1d
- 3. Charlie Walker 1 sold · 125d
- 4. Lind's 1 sold · 4d
- 5. Cottonwood Heights 1 sold · 66d
- 6. Sunburst Terrace Planned Unit Developmen 1 sold · 78d
- 7. Bonnie Lass 1 sold · 84d
- 8. Midland Heights 1 sold · 13d
September 2026 by property type
How each housing type performed last month — 17 closings total across subtypes.
Summary Statistics
| Metric | Sep-26 | Sep-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 22 | 18 | +22.22% | 242 | 241 | +0.41% |
| Median Sale Price | $347,085 | $395,500 | -12.24% | $351,888 | $337,560 | +4.24% |
| Median DOM | 32 | 32 | 0.00% | 41 | 35 | +17.14% |
| Sale-to-List Ratio | 96.28% | 98.33% | -2.08% | 96.74% | 97.24% | -0.51% |
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.