Utah
Local Housing Market · Zillow ZHVI · May 2026
$541,277
Typical Home Value
▲ 1.5% YoY ▼ 0.38% MoM
6.49%
30Y Mortgage Rate
PMMS · Jul 09, 2026
26bps
YoY Rate Change
▼ Lower than 1yr ago
195bps
30Y/10Y Spread
Norm ~170bps
🏘 Utah Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$541,277
▲ 1.5% YoY
Month-over-Month
▼ 0.38% MoM
May 2026
Data Period
May 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.49%
PMMS · Jul 09, 2026
15Y Fixed
5.82%
PMMS · Jul 09, 2026
1yr Ago 30Y
6.75%
▼ Rates lower now
30Y/10Y Spread
195bps
Tight · norm ~170bps
Freddie Mac PMMS via FRED · National rates · State-specific rates may vary slightly
📋 Realtor.com Market Data · Utah
Market Indicators
REALTOR.COM🏦 LO Market Signal · June 2026
• Inventory is up 3.6% YoY and listing prices are softening 2.9% YoY with 23.6% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 58 days — a slower market. Pending ratio is 0.4 — moderate demand, purchase timelines are manageable.
• New listings are increasing 2.9% YoY. More sellers entering the market supports purchase loan volume.
Median Listing Price
$582,450
▼ 2.9% YoY
Median Days on Market
58d
0d YoY
Active Listings
14,370
▲ 3.6% YoY
New Listings
5,422
▲ 2.9% YoY
Price Reduced Share
23.6%
of active listings
Pending Ratio
0.4
pending ÷ active
Realtor.com Research · State-level inventory data · Updated monthly
Hottest Markets in Utah
REALTOR.COMTop metros by national hotness rank (supply + demand composite) · June 2026
Ogden
▼ COOLING
National rank #199
Median Price
$534,995
Median DOM
44d
Demand score 14/100
Salt Lake City-Murray
▼ COOLING
National rank #217
Median Price
$564,995
Median DOM
45d
Demand score 4/100
Provo-Orem-Lehi
▼ COOLING
National rank #254
Median Price
$568,595
Median DOM
50d
Demand score 1/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply