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

ZipMedian Est. ValueZipMedian Est. Value
84721

$ 450,000

$ 184/sqft

84720

$ 447,859

$ 184/sqft

Housing Market Summary for Cedar City, UT

Mar 2023February 2024Change
Median Listing Price$429K$421K-1.86%
Median Sold Price$399.4K$421K5.42%
Homes For Sale1271302.36%
Homes Sold48458520.87%
Price
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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%.

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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.

Foreclosure
There are 2 zips within Cedar City, UT; within these zips, the median estimated home value for homes in foreclosure ranges from $428,192 in 84720 to the lowest value of $289,393 in 84720. Foreclosure homes account for 0.00% of properties in Cedar City, UT with 84720 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-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 Owned
    The 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.
  • Auctions
    84720 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.88% of residential properties in Cedar City, UT with 84721 containing 79 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Cedar City, UT; homes for sale in those zips, have a range of median values from $3,205,440 in 84720 to the lowest value of $130,291 in 84721.
    Sold Homes
    The median value for recently sold homes ranges from $1,291,151 in 84721 to the lowest price of $31,697 in 84721. There are 2 zips within Cedar City, UT. 84721 has 303 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.75% of properties in Cedar City, UT.

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      Guide for Cedar City, UT

      gavel for real estate auction
      Home Buying Guides & Tips
      Utah Foreclosure Laws
      Buy to Rent
      How To Choose The Right Property Management Tool
      Buy to Rent
      6 Tips For Dealing With Difficult Tenants
      Market Reports
      Madison Wisconsin Real Estate Market Report – Mar 2024
      See More Articles
      gavel for real estate auction
      Utah Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Utah Foreclosure Laws

      How To Choose The Right Property Management Tool
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      Learn how to select the perfect property management tool for your real estate business.

      6 Tips For Dealing With Difficult Tenants
      Buy to Rent|posted 5 March 2024

      Discover 6 practical tips to effectively handle challenging tenants and maintain a harmonious landlord-tenant relationship.

      Madison Wisconsin Real Estate Market Report – Mar 2024
      Market Reports|posted 4 March 2024

      Madison’s real estate market continues to robustness, with varied trends across different market segments.

      Recently Listed Homes Cedar City, UT

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