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March Sanpete County Utah MLS Housing Market 2025 Forecast
February 2025 Single-Family Housing Market Data
The Sanpete County real estate market remained active in February 2025, with 14 single-family homes sold across various price ranges. Home values continue to reflect steady demand, with a median sales price of $419,950 and an average sales price of $457,492.
Sellers saw homes moving in about 64 days on average, though properties at higher price points took longer to close. Let’s dive into the numbers.
MLS February 2025 Housing Market Data Sanpete County
| Sold Price Range | # Listings Sold | Median Days on Market (DOM) |
|---|---|---|
| $250,000 – $299,999 | 1 | 132 |
| $300,000 – $349,999 | 2 | 84 |
| $350,000 – $399,999 | 3 | 52 |
| $400,000 – $449,999 | 3 | 40 |
| $500,000 – $549,999 | 3 | 49 |
| $650,000 – $699,999 | 1 | 19 |
| $900,000 – $949,999 | 1 | 166 |
MLS Market Averages
- Total Homes Sold: 14
- Lowest Sale Price: $250,000
- Highest Sale Price: $900,000
- Median Sale Price: $419,950
- Average Sale Price: $457,492
- Median Days on Market: 64
Key Takeaways from February’s Market of Homes for Sale
- Homes in the $400K range moved the fastest, selling in around 40-52 days on average.
- Luxury homes above $900K took the longest to sell, staying on the market for 166 days before closing.
- Buyers in the mid-range market ($350K-$500K) saw steady availability of homes for sale, making it a competitive price bracket.
- Lower-priced homes ($250K-$350K) were limited, showing continued demand for affordable housing in Sanpete County.
City-by-City Breakdown
- Ephraim & Manti continued to see strong demand, particularly in the $350K-$500K range.
- Spring City & Surrounding Areas saw higher-end home sales, with properties closing above $650K.
What This Means for Buyers & Sellers
Homes for Sale in Sanpete County, Utah:
✅ Mid-range homes ($350K-$500K) are selling quickly, meaning this is an excellent time to list.
✅ If you’re selling a luxury home, be prepared for a longer listing period or consider pricing strategies to attract buyers.
✅ Proper pricing and home presentation are key to selling faster.
Listings in Sanpete County, Utah:
✅ If you’re looking for affordable homes under $350K, inventory levels are low, so be ready to move fast when a listing appears. Forecasts suggest this pattern to continue.
✅ Competition is steady, in the $400K-$500K range, so having pre-approval in place can give you an edge.
✅ Higher-end homes may offer negotiation opportunities due to longer market times.
Forecast: Listing Inventory and what to Expect in Spring 2025
With warmer months approaching, Sanpete County’s housing market is expected to pick up. March and April typically bring more listings, meaning:
- Sellers should start preparing homes for market now to take advantage of increased buyer activity.
- Buyers may see more options, but competition could also rise, particularly for homes under $500K.
Mortgage Rates and Lumber Prices Expected to Drop
Economists predict that mortgage rates will decline in the coming months, making homeownership more affordable. Lower interest rates mean lower monthly payments, which could encourage more buyers to enter the market. As demand rises, home prices may increase, making it a great time for sellers to list.
In addition to falling mortgage rates, lumber prices are expected to drop, reducing construction costs. This could lead to more new homes being built, increasing inventory and helping to balance the market. Buyers looking at new construction homes may see better pricing, while sellers of existing homes should be mindful of added competition from newly built properties.
📞 Have questions about the market? Let’s talk! Contact me here for a free consultation.
