Market analytics · October 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
October 2026 · Market Analysis
Vernal's median price jumps to $382,450 on a thin month of 20 closings
Get this report emailed every month
✓ You're in — see you next month.
Vernal's housing market posted a median home price of $382,450 in October, up 10.2% from September's $347,085 and well above last October's $289,000. Only 20 homes closed, though, against 30 a year ago, while active listings reached 149 compared with 92. Sellers got about 96.3% of list price, and at October's sales pace it would take about 7.5 months to sell every home listed, which tilts the market toward buyers. The median list price was $350,000, below what closed, so the jump looks like a change in which homes sold rather than a rise in asking prices.
Market pulse
Homes for sale grew from 97 in April to 149 in October. Meanwhile closings slid from 30 in August to 20 in October. New listings dropped to 31 from 45 in September, so sellers are slowing down too. Speed depends on price: the 13 homes under $400,000 sold in a median 11 days, but the 6 homes at $400,000 to $700,000 took 60.
Mortgage context
Vernal's October closings were mostly under $400,000, with 13 of 20 there at a median $325,000. That is the group a rate near 7.4% touches most. Only 6 closings landed between $400,000 and $700,000, and those homes took a median 60 days to sell. Rates have eased from the 7.51% monthly average in October.
Payment math
Buying at the $382,000 median home price with 20% down costs $2,113 a month in principal and interest at 7.375%, which is $79 less than the $2,192 at 7.75% thirty days ago, yet still $195 above April's $1,918 payment when rates averaged 6.42%.
If you're buying
Look at the $400,000 to $700,000 range, where homes took a median 60 days and the median sale was $467,500. Sunstone sold for $450,000 after 108 days, and a home in South Ridge sold for $375,000 after 171. Listings that old are where a price cut or seller-paid rate help is realistic. Under $400,000, expect a faster pace.
If you're selling
Your home's worth follows what closed nearby, and homes closed at about 96.3% of list this month. Only 1 of 20 sold above list, and 16 sold below. Price at that level from day one, especially above $400,000. Two homes in Canyon Villas sold in a median 4 days at $279,338, so well-priced entry homes still move.
Outlook
Expect November and December to bring fewer showings, with new listings already down to 31 in October. With 149 homes on the market, buyers should keep the edge into early winter. Rates easing from 7.75% to 7.375% in the past 30 days could bring a few more buyers back, but the Uintah Basin usually stays quiet until spring.
Watch for
If closings stay near 20 a month and listings hold above 140, Vernal would pass 7 months of supply and sale-to-list could slip toward 95% by January.
"Vernal's higher price tag rests on fewer sales and a growing list of homes"
Common questions about Vernal this month
What is the median home price in Vernal? ▾
The median home price in Vernal was $382,450 in October 2026, up from $289,000 a year ago. The average sale price was $378,219. The two are close because only one home sold above $700,000, at $750,000. The median list price was $350,000, below what homes closed for.
Is Vernal a buyer's or seller's market? ▾
Vernal leans toward buyers in October 2026. There were 149 active listings, about 7.5 months of supply at the current pace. Homes sold for about 96.3% of list price, and 16 of 20 closed below asking.
How much is my Vernal home worth? ▾
Vernal's October median sale was $382,450, with homes going for about 96.3% of list price in a median 33 days. Your home's value depends on what similar homes nearby sold for. Under $400,000 the median sale was $325,000, and from $400,000 to $700,000 it was $467,500.
How long does it take to sell a home in Vernal? ▾
The median was 33 days in October 2026, but the spread is wide. Homes under $400,000 took a median 11 days, while those from $400,000 to $700,000 took 60. A quarter of homes took longer than 107 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
October 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
23 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 36 · 25th percentile 9 · 75th percentile 107
Needed a price change
Sold listings that had a recorded price change before close
6 of 23 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. Canyon Villas 2 sold · 4d
- 2. Dove Creek 1 sold · 14d
- 3. Sunstone 1 sold · 108d
- 4. Krystal Corner 1 sold · 16d
- 5. Brynn Meadows 1 sold · 117d
- 6. Ashley Heights 1 sold · 121d
- 7. Pheasant Meadows 1 sold · 36d
- 8. Krystle 1 sold · 2d
October 2026 by property type
How each housing type performed last month — 22 closings total across subtypes.
Summary Statistics
| Metric | Oct-26 | Oct-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 23 | 30 | -23.33% | 265 | 271 | -2.21% |
| Median Sale Price | $375,000 | $289,000 | +29.76% | $353,894 | $332,185 | +6.54% |
| Median DOM | 36 | 16 | +125.00% | 41 | 33 | +24.24% |
| Sale-to-List Ratio | 96.72% | 97.75% | -1.05% | 96.74% | 97.29% | -0.57% |
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.