Wasatch Front Market Snapshot — August 2026
Updated August 2026 · Data through July 2026 · By the Wasatch Front Neighborhood Guide
The Wasatch Front became more negotiable in July: Utah's statewide median price remained slightly above last year, but growing inventory and below-asking sales gave buyers more room in several cities. Utah's all-residential median sales price was $525,000, up 1.1% from July 2025, while Salt Lake County's $547,000 median was down 0.5%. In the Salt Lake City-Murray metro, Realtor.com reported a $569,900 median list price, down 3.4% year over year, with 27.0% of active listings showing a price reduction. Freddie Mac's average 30-year fixed rate was 6.65% for the week of August 20, 2026. The result is not one uniform buyer's or seller's market. It is a city-by-city and price-band market where accurate pricing matters.
The 8-city market data (July 2026)
| City | Median sold | Median DOM | Active listings | Sale-to-list |
|---|---|---|---|---|
| Lehi* | $625K | 21–27 | 444 | 98.71%–98.81% |
| Salt Lake City | $650K | 14 | 815 | 97.93% |
| Provo* | $559.2K | 8–11 | 310 | 99.08%–99.16% |
| Ogden* | $365K | 30–31 | 441 | 98.12% |
| Sandy* | $619.8K | 22–23 | 304 | 97.87% |
| South Jordan* | $641K | 40 | 517 | 98.95%–99.73% |
| Draper | $713.5K | 26 | 200 | 98.34% |
| Park City* | $2.33M combined | 4 | 1,027 | 97.37%–97.71% |
*Best Utah Real Estate's July city pages contain small internal differences between their summary tables and narrative sections for several DOM, closing-count, and sale-to-list figures. Ranges show those differences rather than hiding them. Median DOM is the source's contract-market-time measure, not Realtor.com total listing age. Park City's July row is combined; the latest property-type split below is from Q2 2026.
City by city
Lehi
Lehi moved closer to balanced in July as inventory reached 444 active listings and homes sold for about 98.7% to 98.8% of list price. The July median was $625,000, 0.4% below July 2025, although the year-to-date median remained 3.1% higher. The source reported 21 to 27 median days on market across its table and narrative. With active supply at its highest point in the source's six-month window, buyers had more choice than they did in spring.
Salt Lake City
Salt Lake City was fast but more negotiable in July, with a 14-day median and a 97.93% sale-to-list ratio. The $650,000 median was 18.5% higher than a year earlier, but only 143 homes closed compared with 248 in July 2025, and the source attributed much of the jump to a smaller, higher-priced sales mix. Active inventory reached 815, up from 649 in June and 568 a year earlier. That combination makes the median less useful by itself than the inventory and sale-to-list figures.
Provo
Provo homes moved quickly in July, but its $559,200 median was heavily influenced by a smaller group of higher-priced closings. The source showed 8 to 11 median days on market and a 99.08% to 99.16% sale-to-list ratio. Active listings rose to 310 from 246 in June, even as only 48 to 51 closings were reported across the page. The 31.6% year-over-year median increase should therefore be read as a mix shift, not as broad appreciation across every Provo home.
Ogden
Ogden gave buyers more leverage in July, with a $365,000 median, roughly 30 days on market, and a 98.12% sale-to-list ratio. The median was 5.3% below July 2025 and only 63 sales appeared in the summary table. Active listings reached 441, nearly double the 248 cited for a year earlier. Ogden remained the lowest-priced city in this comparison, but the longer market time and growing supply favored careful negotiation.
Sandy
Sandy shifted toward a more negotiable market in July as active inventory reached 304 and the citywide median slipped to $619,800. The median was 1.4% below July 2025, homes took about 22 to 23 days to sell, and the summary table showed a 97.87% sale-to-list ratio. Active listings more than doubled from 145 in January. Well-priced homes still moved, but buyers had more alternatives and sellers were more likely to adjust price.
South Jordan
South Jordan's July price held near last year's level, but 40 median days on market and 517 active listings gave buyers more time and choice. The $641,035 median was up 1.1% year over year. The source reported sale-to-list figures ranging from 98.95% in its narrative to 99.73% in its summary table. Those mixed indicators point to a market where the outcome depends heavily on neighborhood, property type, and initial pricing.
Draper
Draper leaned toward buyers in July, with 200 active listings against only 25 closed sales. The $713,500 median was 17.2% below July 2025, but the small monthly sample makes that change volatile. Homes took 26 median days to sell and closed at 98.34% of list price. Inventory had climbed each month since February, increasing the importance of condition and price positioning.
Park City
Park City's July combined median rose to $2.33 million, but the small 45-sale sample and 97.4% to 97.7% sale-to-list range show a market where headline price alone can mislead. The source reported a four-day combined median and 1,027 active listings across its Park City market area. The latest Q2 property-type split remains more useful: single-family homes had a $3.16 million median and 10 median days on market, while condos had a $1.30 million median and 36 days. Buyers and sellers should compare the same property type and submarket rather than relying on the combined figure.
Featured zip: 84070 (Sandy) — more buyer leverage as inventory grows
Sandy's 84070 ZIP showed more buyer leverage in July, with a $549,450 median list price, 60 active listings, and price reductions on 28.9% of listings. Realtor.com's ZIP inventory series showed the median list price essentially flat year over year, active listings up 25.0%, and median listing age at 57 days. Its median list price per square foot was $271, down 1.3%, while total listed inventory reached 85, up 22.3%. Zillow's typical home value for 84070 was $536,913, up 1.4% year over year.
ZIP-level closed-sale figures were not available from a sufficiently reliable current source, so the closest sold-market measures are labeled citywide: Sandy's median sold price was $619,800, median market time was 22 to 23 days, and the sale-to-list ratio was 97.87%. Realtor.com's 57-day figure measures listing age, not time to contract, so it should not be compared directly with the citywide DOM figure.
FAQ
Is it a buyer's or seller's market on the Wasatch Front right now?
The Wasatch Front is mixed and generally more negotiable than it was in spring. Lehi and Provo still showed relatively fast contract times in July, while Sandy, South Jordan, Draper, and Ogden had more inventory and more room below asking. Conditions vary by city, price band, and property type. If you are looking to buy along the Wasatch Front, our Sandy buyer guide explains the process and what to expect when making an offer. For sellers, our Sandy seller guide covers pricing strategy, timing, and preparation for a changing market.
Are Utah home prices dropping in 2026?
Not statewide, but some local markets are lower. Utah's all-residential median sales price was $525,000 in July 2026, up 1.1% year over year, while Salt Lake County's $547,000 median was down 0.5%. Sandy, Draper, Ogden, and Lehi posted lower July medians in the city report, while some other city medians rose on small or higher-priced sales mixes. The answer depends on the location, property type, and price range.
Data through July 2026, pulled August 20, 2026. Sources: Utah Association of REALTORS® July 2026 All-Counties report; UtahRealEstate.com; Best Utah Real Estate July city market-stat pages using UtahRealEstate.com/WFR-MLS-derived data; Realtor.com July 2026 metro and ZIP inventory data; Zillow Research; Park City Board of REALTORS® Q2 2026 statistics; and Freddie Mac PMMS. Figures are deemed reliable but not guaranteed. Where a source disagreed internally or sources used different definitions, ranges and labels are shown. Sale and listing metrics may use different cutoffs. Updated monthly. See our research methodology for sourcing and definitions.