Market update · September 2026

Rates up a tenth, prices flat, townhomes soft.


Mortgage rates rose slightly over the past month, single-family prices in Utah County are holding, and the attached market — townhomes and condos — is the one place buyers have real leverage right now.

Utah County. Figures as of Sep 12, 2026; every number is sourced at the bottom of the page.

6.76%30-year fixed, Sep 10+0.11 pts since Aug 20
$534,950Median sale price, July 2026+5.3% vs. a year ago
54 daysSingle-family, on marketAugust 2026
85 daysTownhome & condo, on marketclosings −31.0% vs. a year ago
Rates

Rates


The Freddie Mac 30-year fixed average was 6.76% on September 10, up from 6.65% on August 20. That is a small move. On a $535,000 home with 10% down, the difference is about $32 a month in principal and interest.

It is not the number that decides whether you can afford a home. The builder incentive you are offered, and whether it is a permanent or a temporary buydown, moves your payment far more than a tenth of a point ever will.

Run your complete payment
30-year fixed mortgage rate, weekly, Jun 4, 2026 to Sep 10, 20266.3%6.5%6.7%6.9%JunJulAugSep6.48%6.76%Jun 4, 2026: 6.48%Jun 11, 2026: 6.52%Jun 18, 2026: 6.47%Jun 25, 2026: 6.49%Jul 2, 2026: 6.43%Jul 9, 2026: 6.49%Jul 16, 2026: 6.55%Jul 23, 2026: 6.58%Jul 30, 2026: 6.66%Aug 6, 2026: 6.69%Aug 13, 2026: 6.67%Aug 20, 2026: 6.65%Aug 27, 2026: 6.66%Sep 3, 2026: 6.71%Sep 10, 2026: 6.76%
Freddie Mac 30-year fixed, weekly average, through Sep 10, 2026.
View as a table
Week ofRate
Jun 4, 20266.48%
Jun 11, 20266.52%
Jun 18, 20266.47%
Jun 25, 20266.49%
Jul 2, 20266.43%
Jul 9, 20266.49%
Jul 16, 20266.55%
Jul 23, 20266.58%
Jul 30, 20266.66%
Aug 6, 20266.69%
Aug 13, 20266.67%
Aug 20, 20266.65%
Aug 27, 20266.66%
Sep 3, 20266.71%
Sep 10, 20266.76%
Prices and pace

Prices and pace


Utah County's median sale price across all home types was $534,950 in July, up 5.3% from July 2025, on 920 closed sales — essentially flat year over year. Year to date, closings are up 1.8%. The statewide median was $525,000, up 1.1%, so Utah County is outrunning the state on price.

August tells a slower story. Fewer single-family homes closed than a year ago, and more are sitting on the market. That is what a slightly higher rate does in a slow month. Prices didn't fall, but sellers are giving up about 3% off their first asking price to get to closing.

Utah County, July 2026 — all home types
Median sale price
$534,950 (+5.3%)
Closed sales
920 (−0.4%)
Closed sales, year to date
+1.8%
Statewide median
$525,000 (+1.1%)
Single-family, August 2026
Median sale price
$613,600 (+2.3%)
Sold price as % of original list
96.8%
Active listings
2,244 (+6.8%)
Closed sales vs. a year ago
−23.5%
The story this month

Townhomes and condos


This is the story. The August median for attached homes was $406,500, basically flat from a year ago, but days on market stretched to 85 and closings were down 31%. Attached inventory is moving slowly.

If you are buying a townhome, you are one of fewer buyers competing for it, and the seller has likely already sat through a price reduction. Ask for concessions. If you are selling one, price it right the first week, because the market is not forgiving a high opening number right now.

Median sale price
Median sale price: Single-family $613,600, Townhomes & condos $406,500Single-family: $613,600$613,600Townhomes & condos: $406,500$406,500
Days on market
Days on market: Single-family 54 days, Townhomes & condos 85 daysSingle-family: 54 days54 daysTownhomes & condos: 85 days85 days
Closed sales vs. a year ago
Closed sales vs. a year ago: Single-family −23.5%, Townhomes & condos −31.0%Single-family: −23.5%−23.5%Townhomes & condos: −31.0%−31.0%
Utah County, August 2026. UtahRealEstate.com Monthly Local Market Update.
View as a table
August 2026Single-familyTownhomes & condos
Median sale price$613,600 (+2.3%)$406,500 (+0.4%)
Days on market5485
Closed sales vs. a year ago−23.5%−31.0%
Sold price as % of original list96.8%96.7%
Active listings2,244 (+6.8%)
Live · new construction

Builder price cuts, last four weeks.

61 new-construction homes we track dropped in price in the last 28 days. Biggest cut $125,010, typical cut $15,000. Most of them: Eagle Mountain (13), Heber City (10), Saratoga Springs (7), Santaquin (6), Salem (4).

Builder-direct homes only, from the builders we track — not MLS listings. Prices as posted by each builder; a cut compares today’s price with the price four weeks ago. Payments are estimates at the current market rate (6.71%), 5% down, with taxes, insurance, PMI, and any HOA — an incentive can change what you actually pay. As of Sep 12.

What to do with this

Two readings, one for each side of the table.


If you’re buying

  • If you are buying new construction, the advertised payment is still a teaser. Run the complete number — taxes, insurance, HOA, and the rate after the buydown expires — before you fall in love with a floor plan.
  • If you are buying resale, the negotiating room is real, especially on attached homes.

If you’re selling

  • The county numbers say buyers are still there, but they are choosier and slower than last spring.
  • On a townhome or condo, the first week's price matters more than ever. Price to the market, not to the neighbor who listed in April.
Sources

Where every number came from.


Payment math assumes 10% down, 30-year fixed, principal and interest only. Median prices do not account for seller concessions. Utah is a non-disclosure state; no individual sale price appears on this page.

The full note with every table and the weekly rate history: app.amanirealty.com/market

The consult

What happens when you call.


01
Call or text Stephanie.

Reach her at (385) 330-7198. If she’s with a client, you’ll hear back quickly — usually within the hour during business hours.

02
We talk through your situation.

You’ll walk out of the call with three things: a quick read on your market, a clear sense of timing, and an honest answer to whatever’s keeping you up at night. If you’d like a CMA, I’ll send one.

03
You decide what’s next.

A few natural paths: an in-person meeting at the home, a CMA delivered by email, a showing tour, or — when you’re ready — sending the agreement. No pressure on any of them.

Most clients have a second conversation within a week. Some take three months. Both are fine.

Call Stephanie — (385) 330-7198
Prefer to text? That works too.
Call Stephanie — (385) 330-7198