Cedar City closed more single-family homes this August than in any August in this archive, and the median came back up to $480,000 after July's dip. Sellers got their number. They just waited longer for it. I pull these figures straight from the Iron County MLS and explain what they actually mean.
Every figure below is Cedar City single-family residential for August 2026, set against August 2025.
Scope and source
Cedar City single-family residential. August 2026 compared to August 2025. Closed transactions only.
Based on information from the Iron County Board of REALTORS® Multiple Listing Service for the period 8/1/2026 through 8/31/2026.
Median sale price
$480,000 +11% YoY
Single-family median for August 2026, compared to the same period a year earlier at $430,500. July's mix-driven dip reversed.
Under contract
51 -16%
Single-family homes under contract at month end, compared to 61 a year ago. The one forward-looking line that softened.
Active inventory
377 +4%
Single-family homes on the active shelf, compared to 362 a year ago.
Days on market
75 17 days slower
Median days from list to contract on the homes that sold, up from 58 last August. More homes closed, and they took two and a half weeks longer to get there.
New listings
90 +25%
New single-family listings hit the market, compared to 72 a year ago. The busiest listing August since these reports began.
Percent of list price
99% Flat YoY
Sellers closed at about 99% of list, even with last August. Across all residential, the average home traded about $17,789 below list.
Average sale price
$500,567 +5%
Average sale price, compared to $473,158 a year ago. Median and average rose together, which is a broader gain than a mix shift.
Sold dollar volume
$36.5M +37%
Total single-family dollar volume closed, compared to $26.5M a year ago.
Closed sales
73 +30%
Single-family homes closed, compared to 56 a year ago. The strongest August closing count in this archive.
The full picture
Every metric, year over year
Metric
August 2025
August 2026
Change
Median sale price
$430,500
$480,000
up 11%
Average sale price
$473,158
$500,567
up 5%
Closed sales
56
73
up 30%
Sold dollar volume
$26.5M
$36.5M
up 37%
Active inventory
362
377
up 4%
New listings
72
90
up 25%
Under contract
61
51
down 16%
Days on market (sold)
58
75
up 17 days
Days to close
97
117
up 20 days
Avg days active listings sit
171
106
down 38%
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.
Median price, year over year
August 2026 against the same period a year earlier, single-family median sale price.
Market at a glance
The busiest August on record here, and the price came back with it.
Seventy-three single-family homes closed in Cedar City in August, thirty percent more than last August and the most this archive has recorded for the month. Dollar volume ran nearly forty percent ahead of a year ago. And unlike July, when a rush of mid-priced closings dragged the citywide median down, August put the median back up double digits, with the average sale price rising alongside it. When both move the same direction on a bigger sample, that is a real gain and not a quirk of which homes happened to close.
The cost of that volume was time. The homes that sold took seventy-five days to go under contract, about two and a half weeks longer than last August, and contract to close stretched to nearly four months. Sellers still collected ninety-nine percent of list. They just had to be patient to get it. If you want to know where your own home sits inside that citywide picture, my what is my home worth in Cedar City page is the quickest starting point.
What changed since last year
More of everything, except contracts written.
Closings up thirty. Dollar volume up thirty-seven. Median up eleven, average up five. New listings up twenty-five. Active inventory up four. Sold days on market up twenty-nine percent, days to close up twenty. The average active listing has been sitting a hundred and six days instead of a hundred and seventy-one, down nearly forty percent. Percent of list flat at ninety-nine. Under contract down sixteen.
The pattern is a market that processed a lot of business in August and did it slowly. Supply arrived, ninety new listings against seventy-two, and buyers absorbed it, but the negotiating and closing took longer than it did a year ago. The stale inventory that sat through 2025 has largely cleared, which is why the average active listing is so much younger. The one line that leans the other way is the under-contract count, down sixteen percent at month end. August closed a lot of what spring and early summer wrote. It did not write as much for September.
If you are selling
Your price will hold. Your timeline will not.
August was good to Cedar City sellers on price and hard on them on patience. The median rose double digits, the average rose with it, and sellers held ninety-nine percent of list on seventy-three closings, which is a deep enough sample to trust. But the median home took seventy-five days to go under contract, and once under contract the transaction took close to four months to close. That is the longest contract-to-close stretch this archive has recorded for August.
The practical advice is to plan the calendar, not just the price. A well-priced Cedar City home in this market is likely to find its buyer, but a seller who needs to be closed by a specific date should be listing earlier than instinct says, and building the lender and inspection timelines into the offer review. With new listings up a quarter over last August, fresh competition is arriving every week, and the homes that price to the last sixty days of comps in their own subdivision are the ones the buyers reach for first. My sell your Cedar City home page walks through how I manage that timeline, and the seller net sheet shows what a sale at these numbers actually leaves you.
More to choose from, and more time to decide than the headlines suggest.
Cedar City buyers had the most new single-family listings of any August in this archive to look at, and the active shelf ended the month a little larger than a year ago. Even with seventy-three closings, supply kept up. The seventy-five day median time to contract is a real number in a buyer's favor: the typical home sat two and a half months before someone wrote on it, and a buyer who moves deliberately is not going to lose most homes to a bidding war.
Where the room is not is on price. Sellers held ninety-nine percent of list on a big sample, so the market is not discounting the well-priced homes. The homes worth negotiating on are the ones past the median days on market, and the pockets where new construction is adding inventory. The Old Sorrel Ranch corridor on the west side and the established Canyon Ridge resales on the east bench each read this market differently, and they are worth comparing before you anchor to a citywide median.
The season
Move-in month, and the market showed it.
Late August in Cedar City is SUU move-in, back to school, and the last of the summer relocations landing before the weather turns. This August did what that season is supposed to do, and then some. Closings ran well ahead of last year, and the new-listing count jumped as sellers who had waited out the summer heat put homes on the market ahead of fall. The unusual part was the pace inside the transactions. A market this busy would normally close faster, not slower, and the extra weeks on both the contract and closing side say that buyers were deliberate and lenders were busy. That is a late-summer market at capacity, not one running short of demand.
Looking ahead
September starts with a thinner contract book and a fuller shelf.
Fifty-one homes were under contract at the end of August against sixty-one a year ago, and with contract to close running close to four months, that book is what October and November closings come out of. It is lighter than last fall's. Meanwhile ninety new listings arrived in August and the shelf grew, so September buyers open the month with more to look at and less competition for it.
That is the setup for a fall where price holds but the pace stays slow. If the under-contract count rebuilds in September the way it usually does after move-in, the median steadies and the seventy-five day clock shortens. If it does not, sellers heading into the holidays will need sharper first-week pricing to keep the ninety-nine percent line. Either way, a citywide median is not a price for your house. A real valuation puts a number on your specific home before you decide, and if the next step is a bigger place, my moving up in Cedar City guide covers how to sequence the two sides.
Pricing your home
The market sets the range. Your home sets the number.
Everything on this page describes Cedar City as a whole, and no one sells the whole city. You sell one specific home on one specific street, which is where a citywide median quietly stops being useful, and in a month with a shifting sales mix it stops being useful faster than usual. Real pricing starts from current comparable sales near your address, then adjusts for condition, finishes, lot, and timing. To see where your home likely lands, start with my what is my home worth in Cedar City page, then a full home valuation turns that into a calibrated band instead of a guess.
Timing is the other half of the decision. If you are weighing listing now against waiting, the should I sell now or wait calculator runs the actual math, and the seller net sheet shows what you would truly pocket once costs come out. Nailing the price in week one is the single biggest lever you control, and these tools exist to help you pull it before you ever go live.
Cedar City neighborhoods
A median hides how different each pocket really is.
Cedar City is not one market, it is a dozen smaller ones stacked under a single ZIP code. A newer home in Saddleback Ridge trades on a completely different curve than an established property in Bridle Path or a home out in Iron West. Each pocket has its own buyer, its own price band, and its own pace, and the citywide figure at the top of this page averages all of them into a number that matches almost no individual house.
In a month like August, where thirty percent more homes closed than a year ago and the median still moved double digits, that neighborhood lens is not a nice-to-have. It is the difference between pricing off relevant evidence and pricing off a citywide average that describes somebody else's sale. I keep a detailed breakdown of every Cedar City area, what it offers, who it suits, and how it tends to price, on my Cedar City neighborhoods guide.
Your next move
Selling is usually only half the move.
Most Cedar City sellers are not just selling, they are landing somewhere next, and the two halves go far smoother planned as one. If you are heading to something smaller and putting equity to work, the right-sizing in Cedar City page walks through doing it without leaving money on the table, and the right-size and pocket cash calculator puts real numbers on what you would free up.
If you are going the other direction and need more space, my moving up in Cedar City guide covers sequencing the sale and the purchase, which matters more right now given that contract to close is running close to four months. And if a build timeline fits better than a resale, my new construction in Cedar City guide tracks the active communities. Whichever direction you are headed, I can quarterback both sides of it at once.
What is your Cedar City home worth heading into fall?
The data above is the market. Your home is specific. Start with a 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.