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Monthly Market Report

Cedar City housing market
February 2026

Single-family Cedar City in February, year over year. The Iron County MLS, the honest read. The pool stayed thin, but the homes that closed this month were nicer ones.

Cedar City single family, february 2026

The numbers,
year over year.

Every figure below is Cedar City single-family residential for February 2026, set against February 2025. Same month, one year apart.

Scope and source

Cedar City single-family residential. February 2026 compared to February 2025. Closed transactions only.

Based on information from the Iron County Board of REALTORS® Multiple Listing Service for the period 2/1/2026 through 2/28/2026.

Median sale price
$489,500 +6% YoY

Up from $457,750 last February. The mix this month leaned firmly toward the upper half of the price band; that did the work on the headline.

Closed sales
40 -13%

Single-family homes closed in February, down from 46 a year ago. The slow start to the year continued.

Active inventory
276 +20% YoY

Homes available, up from 229 last February. Inventory built steadily through the slow months.

Days on market
94 +6 days

Median days from list to under contract, up modestly from 88 a year ago. The longest February DOM in this dataset.

New listings
66 +29%

New single-family listings hit the market in February, up from 51 a year ago. The pre-spring seller wave started showing up.

Percent of list price
99% Flat

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

Average sale price
$501,565 +1% YoY

Up modestly from $492,076 last February. Average and median climbed together; the higher-priced mix is the consistent read.

Under contract
46 +17%

Single-family homes under contract at month end, up from 39. Pipeline into March came in stronger than last February’s.

Sold dollar volume
$20.1M -11%

Total single-family dollar volume closed in February, down from $22.6M. Fewer sales pulled the total even with the higher mix.

The full picture

Every metric, February 2026 vs February 2025

Metric February 2025 February 2026 Change
Median sale price $457,750 $489,500 up 6%
Average sale price $492,076 $501,565 up 1%
Closed sales 46 40 down 13%
Sold dollar volume $22.6M $20.1M down 11%
Active inventory 229 276 up 20%
New listings 51 66 up 29%
Under contract 39 46 up 17%
Days on market (sold) 88 94 up 6 days
Days to close 129 129 flat
Avg days active listings sit 176 156 down 11%
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 2026 2025
Median price, year over year

February 2026 against February 2025, single-family median sale price.

$457,750 February 2025 $489,500 February 2026
Market at a glance

Prices firmed up while the pace stayed slow.

Here is the one-sentence version of Cedar City in February: the median climbed back above last February even though fewer homes actually closed. Prices firmed as the mix shifted back toward higher-quality and higher-priced homes, while the overall transaction count stayed below a year ago and homes continued to take their time finding a buyer. Active inventory ran well ahead of last winter.

That is a more encouraging read than January, but a measured one. A higher median on lighter volume tells you the homes that sold were stronger, not that the whole market re-accelerated. The percent-of-list figure holding firm says sellers kept their negotiating power. For the short read on where your home fits as the market firms, my what is my home worth in Cedar City page is the fastest place to start.

What changed year over year

Median up, volume down, inventory building.

Set February 2026 next to February 2025 and the lines diverge in an interesting way. The median and average both rose, yet closed sales came in below last February and days on market ran a touch longer. At the same time, new listings and active inventory both climbed meaningfully over a year ago, so the shelf is filling faster than buyers are clearing it.

The story underneath is a market repricing upward on quality while it waits for spring demand to arrive. Sellers still closed right near asking, which is the signal that the higher median reflects what buyers chose to buy rather than any loss of pricing discipline. More inventory plus steady demand is the healthy version of a cooling: more choice for buyers without a collapse in what homes fetch.

If you are selling

Rising prices reward the prepared listing, not the patient overprice.

It is tempting in a month of rising medians to assume any number will eventually get there. It will not. The homes lifting the median are the well-presented, correctly priced ones that launched into the firming market and caught the buyers who were ready. With inventory building, an overpriced listing simply gives shoppers more reasons to choose the home down the street while yours quietly ages.

So treat a firming market as the opportunity it is, not a license to test a high number. A correct launch price and real presentation are what convert a rising median into your sale rather than your neighbor’s. See exactly how I take a Cedar City home to market on my sell your Cedar City home page, and if you are deciding between listing now and waiting for the spring surge, the should I sell now or wait calculator runs that question against your actual numbers.

Get your pricing band
If you are buying

More choice now, before the spring crowd.

February still tilts toward buyers, even with prices firming. Inventory is well ahead of last winter, the pace is unhurried, and the spring crowd has not yet arrived to compete for the best homes. A prepared buyer with financing locked can still take time to compare and negotiate, which is a luxury that thins out quickly once March demand lands.

The catch is that the stronger homes are the ones moving, so the window to act on a genuinely good listing is shorter than the overall pace suggests. Knowing which pocket fits before you commit matters more as competition builds, so the Cedar City neighborhoods guide is a smart first stop, and if new inventory suits your search, my new construction in Cedar City rundown tracks what is coming online.

The season

Late winter, the pre-spring warm-up.

February is the bridge month in Cedar City. The new-year quiet is lifting, sellers are starting to prepare listings for the spring push, and buyer activity is rebuilding ahead of the busiest stretch of the year. This February ran true to that pattern, with inventory climbing as sellers position for spring and the median firming as the better homes traded.

Read the firmer prices with that calendar in mind. Part of February’s strength is simply the better homes coming to market as spring approaches, and the months directly ahead are where transaction volume normally accelerates. The market is loading the spring, and a well-prepared listing is what catches the first wave of it rather than getting lost in the crowd that follows.

Looking ahead

March is the real test of spring demand.

Heading into spring, the number worth watching is whether buyer demand finally catches up to the inventory that has been building. The under-contract pipeline strengthened over last February, which is an encouraging sign that demand is rebuilding ahead of the listing surge. If March brings both more listings and the buyers to absorb them, the spring market arrives on a healthy footing.

And no city-wide number can do the one thing that matters most: tell you what your specific home is worth. A new build in Old Sorrel Ranch lives on a different curve than a 1990s ranch in Cross Hollow Hills or a bungalow within walking distance of SUU. The median is the weather. Your home is the day you actually have planned. For the number that matters, the next step is a real valuation.

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 city-wide median quietly stops being useful. 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 torn between listing now and waiting for a different stretch of the year, the should I sell now or wait calculator runs the actual math on your situation, and the seller net sheet shows what you would truly pocket once selling costs come out. Nailing the price in the first week 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 new build in Old Sorrel Ranch trades on a completely different curve than an established home in Cross Hollow Hills or a property out in Fiddlers Canyon. Each pocket has its own buyer, its own price band, and its own pace, and the city-wide figure at the top of this page averages all of them into a number that matches almost no individual house.

That is why the neighborhood lens matters whether you are buying or selling. 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. If you already know your pocket, start there. If you are still deciding, it is the quickest way to understand how the parts of town genuinely differ before you anchor to a single listing.

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 trading up for more space, my moving up in Cedar City guide covers sequencing the sale and the purchase so you are never stuck owning two homes or scrambling with none. If you are heading the other way and unlocking equity, the right-sizing in Cedar City page walks through doing it without leaving money on the table.

New construction is worth a look in either direction, since Cedar City has genuine inventory coming online. My new construction in Cedar City guide breaks down the active communities and the builders behind them. And when you are ready to list, the full story of how I take a Cedar City home to market lives on my sell your Cedar City home page. Whichever direction you are headed, I can quarterback both sides of it at once.

What is your Cedar City home worth heading into spring?

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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