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Monthly Market Report

Cedar City housing market
July 2026

Cedar City closed more single-family homes in July than it did a year ago, and yet the median landed at $427,000, well below last July. That combination is the whole story of the month, and it is not the story most headlines would tell you. I pull these figures straight from the Iron County MLS and explain what they actually mean.

Cedar City single family, July 2026

The numbers,
year over year.

Every figure below is Cedar City single-family residential for July 2026, set against July 2025. Same month, one year apart, so the comparison reflects the market and not the season.

Scope and source

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

Based on information from the Iron County Board of REALTORS® Multiple Listing Service for the period 7/1/2026 through 7/31/2026.

Median sale price
$427,000 13% YoY

Down from $494,950 in July 2025. Read this next to the closed-sales and volume lines below before drawing any conclusion about values, because the mix of what sold changed substantially.

Closed sales
68 +23%

Single-family homes recorded in July, thirteen more than last July. This is the strongest count of the year so far.

Active inventory
376 Flat YoY

Homes on the market at month end, one fewer than last July. Identical shelf size, but the table shows it is turning over far more quickly.

Days on market
76 25 days slower

Median days from list to contract on the homes that sold, up from 51 last July. More homes closed, but they took considerably longer to get there.

New listings
79 21% YoY

New single-family listings arrived in July, twenty-one fewer than last July. This is the sharpest change on the page and the one I would watch closest.

Percent of list price
99% Up 1 point

Sellers closed at about ninety-nine percent of list, a point better than last July. Across all residential property types, the average sale landed roughly $9,600 under the asking price.

Average sale price
$491,422 7% YoY

Down from $531,485 last July, but a long way above the median. The upper end kept transacting while the middle of the market filled in underneath it.

Under contract
66 +8%

Single-family homes under contract at month end, five ahead of last July. Demand did not fall off; it simply gathered around different price points.

Sold dollar volume
$33.4M +14%

Total single-family dollars closed in July, up from $29.2M. More money changed hands in Cedar City this July than last, even with a lower median.

The full picture

Every metric, July 2026 vs July 2025

Metric July 2025 July 2026 Change
Median sale price $494,950 $427,000 down 13%
Average sale price $531,485 $491,422 down 7%
Closed sales 55 68 up 23%
Sold dollar volume $29.2M $33.4M up 14%
Active inventory 377 376 flat
New listings 100 79 down 21%
Under contract 61 66 up 8%
Days on market (sold) 51 76 up 49%
Days to close 87 114 up 31%
Avg days active listings sit 165 105 down 36%
Percent of list price 98% 99% up 1 point
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.

$515k $455k $390k Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2026 2025
Median price, year over year

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

$494,950 July 2025 $427,000 July 2026
Market at a glance

More houses sold, and more money changed hands.

July was Cedar City's busiest single-family month of 2026 so far. The closing count ran well ahead of last July, and total dollars closed rose right along with it. If you only read those two lines you would call it a strong month, and you would be right.

Then the median comes in lower than last July, and the temptation is to read a decline in values. That is not what happened. When the number of sales rises, the total dollars rise, and the middle price falls, what changed is which homes sold, not what homes are worth. July's buyers concentrated in the lower and middle bands of the Cedar City market, and enough of them closed to pull the midpoint down. That distinction matters a great deal if you own a house here, and I unpack it in the next section. For a read on where your specific home sits, my what is my home worth in Cedar City page is the place to start.

What changed since last year

A double-digit drop in the median that is not a drop in value.

Here is the arithmetic in plain terms. The median is the price of the middle house in the stack. If a bunch of extra sales pile in below the old middle, the middle slides down even when every individual home held its value. That is exactly the shape of July: closings up sharply, dollars up sharply, median down. Meanwhile the share of asking price that sellers actually collected went the other way and improved on last July. Sellers gave up less ground on negotiation, not more. That is not what a softening market looks like.

The genuinely cautionary numbers this month are the time figures. Homes that sold took roughly half again as long to go under contract as they did last July, and the stretch from contract to closing table also lengthened considerably. Some of that is financing and appraisal timelines rather than buyer interest, but not all of it. If you are pricing a house on the assumption it will move in seven weeks the way it might have last summer, July says budget more time. The one bright counterweight: the standing inventory is dramatically fresher than a year ago, so what is on the market is current rather than stale.

If you are selling

This is a month to ignore the citywide number entirely.

In a month where the mix of what sold shifted this much, the citywide median tells you almost nothing about your house. It tells you which slice of Cedar City was busiest, and that is a different question. Your price comes from recent sales in your price band, in your part of town, on homes comparable to yours. If your home sits in the tier that was busy in July, you have plenty of fresh evidence to price against. If it sits above that tier, you have fewer recent comparables and you need to be more careful, not more optimistic.

The other adjustment July calls for is patience in your planning. Homes took meaningfully longer to reach contract and longer again to reach closing, so if you have a date you need to be out by, work backward from it with more cushion than last summer would have required. The reward for pricing honestly is still there, and sellers collected a slightly better share of asking than they did a year ago. Build the timeline realistically and the number holds up. My sell your Cedar City home page walks through how I handle both halves of that.

Get your pricing band
If you are buying

The middle of the market finally had something to buy.

July is the clearest evidence this year that Cedar City's more attainable price bands are open for business. A lot of buyers got into contract in that range, and the closing count reflects it. If you have been waiting for the lower and middle tiers to give you options, they did in July, and the pace of the market gave you time to think rather than forcing a same-day decision.

Two things to keep in mind. Homes are taking longer to move from contract to closing, so if you are coordinating with a lease ending or a school start date, add cushion to your own schedule. And new listings arrived at a noticeably slower rate than last July, which means the supply of fresh options is thinner than the headline inventory count suggests. Move deliberately, not slowly. Deciding your target area first saves the most time, and the Cedar City neighborhoods guide is built for that. An established home in Cross Hollow Hills and a property out in Fiddlers Canyon are genuinely different purchases.

The season

Peak closing season, at a different price point.

July is when Cedar City's calendar peaks. Families racing a school start date, out-of-state buyers who spent June looking and July signing, and the last wave of moves that has to be finished before SUU move-in reshapes the town in August. All of that shows up in the closing count, which is exactly where you would expect the year's high-water mark to land.

What is different this July is where that demand landed on the price ladder. The volume came through the attainable end of the market rather than spread evenly, and the top of the market transacted more selectively. Whether that reflects who is moving to Iron County this year or simply what happened to be available and priced right is something a single month cannot answer. It is worth noting though, because it changes the advice depending on which end of the market your house sits in, and it is the kind of thing a citywide median completely papers over.

Looking ahead

The listing side went quiet, and that is the number to watch.

The sharpest move on this whole page is not the median, it is new listings. They came in well below last July while contracts kept getting written at a healthy clip. Two months of that pattern and the shelf empties out, which would tighten conditions heading into fall. One month is not a trend, and July is a month when plenty of would-be sellers are simply on vacation rather than making a decision. But it is the line I will be checking first when August data lands.

The second thing to watch is whether the time-to-contract figure keeps stretching. Slower is not the same as weaker, especially with sellers collecting a better share of asking than last year, but a market where homes need eleven weeks instead of seven changes how you plan a move. And none of these citywide figures answer the only question that matters for your household, which is what your own home is worth right now. That takes a look at your street, your condition, and your price band. Start with 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 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 July, where the busy part of the market sat in specific price bands, 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 this month than usual given how much longer transactions are taking to close. 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.

A citywide median cannot price your Cedar City home.

The data above is the market. Your home is specific. Start with a home 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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