Housing Prices in Spanish Fork-Payson, UT

How much do homes in Spanish Fork-Payson, UT cost?

Median List Price

$549,966

$221/sqft

Based on all homes listed in March 2024.

Difference Since Last Month

-$59,933(-9.8%)

Key Takeaway

The list price of homes in Spanish Fork-Payson has decreased by 9.8% since February.

Summary: The median home list price in Spanish Fork-Payson was $549,966 in March 2024, down 9.8% from the previous month, and the median price per square foot was $221.

Median List Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $599K$429.5K
-28.3%
2 $399.9K$429K
+7.3%
3 $406.9K$407.5K
0.1%
4 $699.9K$599K
-14.4%
5+ $750K$726.9K
-3.1%

Summary: Spanish Fork-Payson housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 28.3%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes decreased by 3.1%.

Median List Price Compared To Nearby Cities

Santaquin
+16.5%
Woodland Hills
+10.0%
Elk Ridge
-0.4%
Payson
-7.9%
Spanish Fork-Payson
-9.8%

Housing Supply in Spanish Fork-Payson, UT

How many homes are available in Spanish Fork-Payson, UT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
201293+45.8%

Summary: The Spanish Fork-Payson real estate market had 293 homes for sale in March 2024, a 45.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 12
+100.0%
2 913
+44.4%
3 79119
+50.6%
4 4357
+32.6%
5+ 69102
+47.8%

Summary: The Spanish Fork-Payson housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 50.6%, 4 bedroom homes increased by 32.6%, and 5+ bedroom homes increased by 47.8%.

Days on Market for Spanish Fork-Payson, UT

How long does it take to sell a home in Spanish Fork-Payson, UT?

Average Listing Age

Feb 2024Mar 2024CHANGE
92 Days82 Days-10.4%

Summary: Homes in Spanish Fork-Payson had an average listing age of 82 days in Mar 2024, down by 10.4% compared to the previous month.

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

Report Updated 23 Days Ago

Newest Listings in Spanish Fork-Payson, UT

Nearby Markets to Spanish Fork-Payson, UT

What housing markets are near Spanish Fork-Payson, UT?