Housing Prices in Summit County, UT
How much do homes in Summit County, UT cost?
Median List Price
$1,777,483
$695/sqft
Based on all homes listed in the last 12 months.
Difference Since June 2023
Key Takeaway
The list price of homes in Summit County has decreased by 57.6% since last year.
Summary: The median home list price in Summit County was $1,777,483 in June 2024, down 57.6% from the previous year, and the median price per square foot was $695.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $949K | $544.4K | -42.6% |
| 2 Bedrooms | $1.7M | $897K | -49.3% |
| 3 Bedrooms | $3.0M | $1.2M | -58.5% |
| 4 Bedrooms | $4.8M | $2.3M | -51.5% |
| 5+ Bedrooms | $6.8M | $4.2M | -37.6% |
Summary: Summit County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.6%, 2 bedroom homes decreased by 49.3%, 3 bedroom homes decreased by 58.5%, 4 bedroom homes decreased by 51.5%, and 5+ bedroom homes decreased by 37.6%.
Median List Price Compared To Nearby Counties
| Wasatch County | $2.4M | $1.1M | -53.8% |
| Summit County | $4.1M | $1.7M | -57.6% |
Housing Supply in Summit County, UT
How many homes are available in Summit County, UT?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 497 | 690 | +38.8% |
Summary: The Summit County real estate market had 690 homes for sale in June 2024, a 38.8% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 28 | 41 | +46.4% |
| 2 Bedrooms | 75 | 104 | +38.7% |
| 3 Bedrooms | 106 | 164 | +54.7% |
| 4 Bedrooms | 111 | 152 | +36.9% |
| 5+ Bedrooms | 177 | 229 | +29.4% |
Summary: The Summit County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 46.4%, 2 bedroom homes increased by 38.7%, 3 bedroom homes increased by 54.7%, 4 bedroom homes increased by 36.9%, and 5+ bedroom homes increased by 29.4%.
Days on Market for Summit County, UT
How long does it take to sell a home in Summit County, UT?
Average Listing Age
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 125 Days | 103 Days | -17.4% |
Summary: Homes in Summit County had an average listing age of 103 days in Jun 2024, down by 17.4% compared to the previous year.
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