Housing Prices in Springville, UT

How much do homes in Springville, UT cost?

Median List Price

$489,900

$264/sqft

Based on all homes listed in February 2024.

Difference Since Last Month

-$49,100(-9.1%)

Key Takeaway

The list price of homes in Springville has decreased by 9.1% since January.

Summary: The median home list price in Springville was $489,900 in February 2024, down 9.1% from the previous month, and the median price per square foot was $264.

Median List Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 $279K$275K
-1.4%
3 $399.9K$399.9K
0.0%
4 $549K$550K
0.2%
5+ $734.9K$750K
+2.0%

Summary: Springville housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 2%.

Median List Price Compared To Nearby Cities

Spanish Fork
-3.9%
Provo-Orem
-5.3%
Provo
-7.3%
Springville
-9.1%

Housing Supply in Springville, UT

How many homes are available in Springville, UT?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
5471+31.5%

Summary: The Springville real estate market had 71 homes for sale in February 2024, a 31.5% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 59
+80.0%
3 2128
+33.3%
4 1013
+30.0%
5+ 1821
+16.7%

Summary: The Springville housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 80%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 16.7%.

Days on Market for Springville, UT

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

Average Listing Age

Jan 2024Feb 2024CHANGE
78 Days77 Days-1.8%

Summary: Homes in Springville had an average listing age of 77 days in Feb 2024, down by 1.8% 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

Newest Listings in Springville, UT

Nearby Markets to Springville, UT

What housing markets are near Springville, UT?