Housing Prices in Nephi, UT

How much do homes in Nephi, UT cost?

Median List Price

$399,000

$162/sqft

Based on all homes listed in March 2024.

Difference Since Last Month

-$25,900(-6.1%)

Key Takeaway

The list price of homes in Nephi has decreased by 6.1% since February.

Summary: The median home list price in Nephi was $399,000 in March 2024, down 6.1% from the previous month, and the median price per square foot was $162.

Median List Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $369.5K$369.5K
0.0%
3 $399K$399K
0.0%
4 $429.9K$429.9K
0.0%
5+ $472.4K$509.9K
+7.9%

Summary: Nephi 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 7.9%.

Housing Supply in Nephi, UT

How many homes are available in Nephi, UT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1722+29.4%

Summary: The Nephi 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

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1116
+45.5%
4 11
0.0%
5+ 44
0.0%

Summary: The Nephi 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 45.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Nephi, UT

How long does it take to sell a home in Nephi, UT?

Average Listing Age

Feb 2024Mar 2024CHANGE
115 Days101 Days-11.6%

Summary: Homes in Nephi had an average listing age of 101 days in Mar 2024, down by 11.6% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

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