Housing Prices in Elk Ridge, UT
How much do homes in Elk Ridge, UT cost?
Median List Price
$697,250
$186/sqft
Based on all homes listed in March 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Elk Ridge has remained the same since February.
Summary: The median home list price in Elk Ridge was $697,250 in March 2024, down 0.4% from the previous month, and the median price per square foot was $186.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $567.4K | $567.4K | 0.0% |
| 3 Bedrooms | $625.4K | $620.9K | -0.7% |
| 4 Bedrooms | $699.9K | $722.4K | +3.2% |
| 5+ Bedrooms | $724.9K | $729.9K | +0.7% |
Summary: Elk Ridge housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 0.7%.
Median List Price Compared To Nearby Cities
| Woodland Hills | $1.8M | $2.0M | +10.0% |
| Elk Ridge | $699.9K | $697.2K | -0.4% |
| Salem | $770K | $715K | -7.1% |
| Payson | $624.3K | $574.9K | -7.9% |
| Spanish Fork-Payson | $609.9K | $549.9K | -9.8% |
Housing Supply in Elk Ridge, UT
How many homes are available in Elk Ridge, UT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 22 | +29.4% |
Summary: The Elk Ridge real estate market had 22 homes for sale in March 2024, a 29.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 2 | 5 | +150.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The Elk Ridge housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 150%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 30%.
Days on Market for Elk Ridge, UT
How long does it take to sell a home in Elk Ridge, UT?
Average Listing Age
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 113 Days | 110 Days | -3.4% |
Summary: Homes in Elk Ridge had an average listing age of 110 days in Mar 2024, down by 3.4% compared to the previous month.
Based on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved.