Housing Prices in Spanish Fork-Payson, UT
How much do homes in Spanish Fork-Payson, UT cost?
Median List Price
$566,633
$219/sqft
Based on all homes listed in May 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Spanish Fork-Payson has decreased by 6.8% since April.
Summary: The median home list price in Spanish Fork-Payson was $566,633 in May 2024, down 6.8% from the previous month, and the median price per square foot was $219.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $599K | $449K | -25.0% |
| 2 Bedrooms | $399.9K | $380K | -5.0% |
| 3 Bedrooms | $444.9K | $430K | -3.3% |
| 4 Bedrooms | $614.4K | $575K | -6.4% |
| 5+ Bedrooms | $792.4K | $774.9K | -2.2% |
Summary: Spanish Fork-Payson housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes decreased by 2.2%.
Median List Price Compared To Nearby Cities
| Woodland Hills | $1.9M | $1.9M | 0.0% |
| Santaquin | $537K | $527.5K | -1.8% |
| Elk Ridge | $729.9K | $714.9K | -2.1% |
| Spanish Fork-Payson | $608.1K | $566.6K | -6.8% |
| Payson | $625K | $569.9K | -8.8% |
Housing Supply in Spanish Fork-Payson, UT
How many homes are available in Spanish Fork-Payson, UT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 229 | 364 | +59.0% |
Summary: The Spanish Fork-Payson real estate market had 364 homes for sale in May 2024, a 59.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 15 | 19 | +26.7% |
| 3 Bedrooms | 73 | 129 | +76.7% |
| 4 Bedrooms | 52 | 101 | +94.2% |
| 5+ Bedrooms | 88 | 113 | +28.4% |
Summary: The Spanish Fork-Payson housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 76.7%, 4 bedroom homes increased by 94.2%, and 5+ bedroom homes increased by 28.4%.
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
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 80 Days | 72 Days | -9.6% |
Summary: Homes in Spanish Fork-Payson had an average listing age of 72 days in May 2024, down by 9.6% 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.