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Monthly Market Report

Cedar City housing market
October 2025

Single-family Cedar City in October, year over year. The Iron County MLS, the honest read. Fall arrived and the data shows it on the days-on-market line.

Cedar City single family, october 2025

The numbers,
year over year.

Every figure below is Cedar City single-family residential for October 2025, set against October 2024. Same month, one year apart.

Scope and source

Cedar City single-family residential. October 2025 compared to October 2024. Closed transactions only.

Based on information from the Iron County Board of REALTORS® Multiple Listing Service for the period 10/1/2025 through 10/31/2025.

Median sale price
$475,000 -2% YoY

Roughly even with last October. The middle of the market held its level through the start of the fall window.

Closed sales
51 +24%

Single-family homes closed in October, up from 41 a year ago. A strong fall month for transactions even with the longer pace.

Active inventory
339 +35% YoY

Homes available, up from 250 last October. Inventory stayed firm heading into the slower months.

Days on market
88 +12 days

Median days from list to under contract, up from 76 a year ago. The longest fall DOM in this dataset so far.

New listings
63 +3%

New single-family listings hit the market in October, roughly even with last year. Seasonal slowdown in seller flow began on cue.

Percent of list price
99% Flat

Sellers closed at about ninety-nine percent of list, identical to last October. Across all residential, the average home traded roughly nineteen thousand under list.

Average sale price
$491,270 Flat YoY

Roughly flat from $493,441 a year ago. The average held even as the median dipped slightly.

Under contract
63 +65%

Single-family homes under contract at month end, up from 38. The pipeline carried into November.

Sold dollar volume
$25.1M +23%

Total single-family dollar volume closed in October, up from $20.2M. Strong count carried the volume.

The full picture

Every metric, October 2025 vs October 2024

Metric October 2024 October 2025 Change
Median sale price $489,430 $475,000 down 2%
Average sale price $493,441 $491,270 flat
Closed sales 41 51 up 24%
Sold dollar volume $20.2M $25.1M up 23%
Active inventory 250 339 up 35%
New listings 61 63 up 3%
Under contract 38 63 up 65%
Days on market (sold) 76 88 up 12 days
Days to close 124 121 down 2%
Avg days active listings sit 175 171 down 2%
Percent of list price 99% 99% flat
The picture

Cedar City, at a glance

Median sale price trend

Median single-family sale price by month. Each line is a year; the current year is highlighted in sky blue. Watch how prices move with the seasons and where this year sits against prior years.

$505k $445k $390k Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2025
Median price, year over year

October 2025 against October 2024, single-family median sale price.

$489,430 October 2024 $475,000 October 2025
Market at a glance

More sales, longer time, same price.

October ran a clear pattern: sales count climbed nearly a quarter over last October, median held within a single percent of last October, and days on market drifted up. The market is genuinely active heading into the slow season, but the speed of any individual sale has slowed.

The story is the same one the data has been telling for several months: a deeper shelf produces more transactions when buyer flow is there, but each home spends more time finding the right buyer. October leaned that pattern more strongly than September did. For the short read on where your home fits, my what is my home worth in Cedar City page is the fastest start.

What changed since last year

Volume up. Speed down. Discount widened.

Year over year, October produced more sales at nearly the same headline median. The line that softened was the seller-side discount: the average all-residential sale closed roughly nineteen thousand below list this October, a noticeably wider gap than the same month last year. That dollar gap is the cleanest signal of negotiating room.

That widening is consistent with the longer days on market and the deeper shelf. With more time and more options, buyers asked for more, and sellers more often agreed to it.

If you are selling

October is no longer the back-up month.

The fall window used to be when sellers who missed spring tried to catch the last of the summer buyers. In a deeper-shelf market, that strategy does not work the same way. The buyers who are still active are working through a long list and have time on their side. The homes selling well in October are the ones that priced for an October market, not for July’s peak.

See how I take a Cedar City home to market on my sell your Cedar City home page. The seller net sheet calculator shows your specific take-home math.

Get your pricing band
If you are buying

Fall buyers have the most negotiating room of the year.

If your timeline let you wait until fall, October paid off. The discount-to-list widened, the shelf stayed deep, and the days-on-market drift means seller flexibility increased. A well-written offer with reasonable conditions carried more weight than at any point this year so far.

Different pockets of town respond to the fall window differently. A horse-property place near Saddleback Ridge behaves differently than a city-block home in Chelsey. The full lay is on my Cedar City neighborhoods guide.

The season

Fall cooling, on schedule.

The October pattern is the textbook fall transition for Cedar City. Out-of-state buyer flow drops off after Labor Day, families settle into the school year, and the local-only buyer pool takes over. This year that transition arrived right on time, layered onto a deeper shelf than the typical October has carried.

In the news this month

The Fed cut rates again at the October meeting.

On October 29, the Federal Reserve announced a second quarter-point cut to its target range, following September’s opening move. Two cuts in two meetings is now an actual easing cycle rather than a one-off. The pass-through to mortgage rates is partial and gradual, so the effect on Cedar City buyer demand will show up in November and December data more than in the October closings that were already in motion.

Looking ahead

November will test the rate-cut tailwind.

The Fed’s September and October cuts will reach mortgage quotes in earnest over the next six weeks. November is the first month where the financing math actually changes for the buyers writing offers. If it produces a visible bump in pendings or closings, that is the early read on Q4. If not, we are in a market where the slow months will run slow regardless of macro support.

The median is the weather. Your home is the day you actually have planned. A real valuation is the next step.

What is your Cedar City home worth heading into the slow months?

The data above is the market. Your home is specific. Start with a no-obligation valuation and get an honest pricing band for your exact home in your exact Cedar City pocket. No pressure, no signup wall, no marketing list.

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