Cedar City, UT Home Values & Market Trends
Real estate market trends reflect that there have been 857 transactions over the past year in Cedar City. The median value for residential home transactions that occurred over the previous year is $428,793.2. The number of current listings in Cedar City is 132, and the percentage of properties for sale in the city is 132.00%. Cedar City, UT currently has 7 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 132 properties for sale.
Cedar City, UT Real Estate Market Overview
Housing Market Summary for Cedar City, UT
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $429K | $421K | -1.86% |
Median Sold Price | $399.4K | $421K | 5.42% |
Homes For Sale | 127 | 130 | 2.36% |
Homes Sold | 484 | 585 | 20.87% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Cedar City, UT
Browse Homes in Cedar City, UT
Cedar City home values range from $24,076 to $5,308,265. The median estimated value of a home in Cedar City is $428,793.2. The median list price of a home is 425,000, and the total count of properties in the city is 15,052.
- Pre-ForeclosurePre-foreclosure homes account for 0.04% of all residential properties in Cedar City, UT with 84720 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Cedar City, UT; of those zips, the estimated home value for pre-foreclosure homes ranges from $500,759 in 84721 to the lowest home value of $289,393 in 84720.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cedar City, UT ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Cedar City, UT. There are 2 zips within Cedar City, UT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions84720 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Cedar City, UT. Auction homes and other auction properties account for 0.01% of all properties in Cedar City, UT. There are 2 zips within Cedar City, UT; of those zips, the median estimated home value for homes going to auction ranges from $534,540 in 84720 to the lowest value of $534,540 in 84720.
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Guide for Cedar City, UT
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