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Quarterly Market Report

Cedar City housing market
First Quarter 2026

Here is what single-family homes actually did in Cedar City across the first three months of 2026, with every number set against the same quarter a year ago. A full quarter smooths out the month-to-month noise and shows you where the market is really heading. I pull this straight from the Iron County MLS and give you the honest read, not the spin.

Cedar City single family, Q1 2026

The numbers,
year over year.

Every figure below is Cedar City single-family residential for the first quarter of 2026, set against the first quarter of 2025. A full three-month window, one year apart, so the comparison reflects the market and not a single noisy month.

Scope and source

Cedar City single-family residential. First quarter 2026 (January through March) compared to the same quarter in 2025. Closed transactions only.

Based on information from the Iron County Board of REALTORS® Multiple Listing Service for the period 1/1/2026 through 3/31/2026.

Median sale price
$469,945 +7% YoY

Up from $435,950 in Q1 2025. Across a full quarter the median rose, a steadier signal than any single month, which can swing on which homes happen to close.

Closed sales
127 down 3%

Single-family homes closed across the quarter, down slightly from 131 a year ago. Sales held roughly steady even as listings grew.

Active inventory
442 +13%

Homes available, up from 389 a year ago. Inventory grew meaningfully, giving buyers more to choose from than last winter.

Days on market
90 +18 days

Median days from list to under contract, up from 72 a year ago. Homes are taking longer to find a buyer, the clearest signal in the quarter's data.

New listings
223 +7%

New single-family listings came to market over the quarter, up from 208. Sellers stepped out a little earlier this year.

Percent of list price
99% Flat YoY

Sellers still closed at about ninety-nine percent of list across the quarter. Among all residential, the average home sold roughly $7,500 under its list price. A correctly priced home gives up very little.

Average sale price
$487,338 +3%

Up from $472,274 a year ago. The average sits above the median because a handful of higher-end sales pull it up.

Under contract
160 +17%

Single-family homes went under contract over the quarter, up sharply from 136. The demand pipeline strengthened heading into spring.

Sold dollar volume
$61.9M Flat YoY

Total single-family dollar volume closed over the quarter, essentially even with a year ago. Higher prices offset slightly fewer sales.

The full picture

Every metric, Q1 2026 vs Q1 2025

Metric Q1 2025 Q1 2026 Change
Median sale price $435,950 $469,945 up 7%
Average sale price $472,274 $487,338 up 3%
Closed sales 131 127 down 3%
Sold dollar volume $61.9M $61.9M flat
Active inventory 389 442 up 13%
New listings 208 223 up 7%
Under contract 136 160 up 17%
Days on market (sold) 72 90 up 18 days
Days to close 119 129 up 8%
Avg days active listings sit 143 126 down 12%
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

Q1 2026 against Q1 2025, single-family median sale price.

$435,950 Q1 2025 $469,945 Q1 2026
Market at a glance

Prices up, inventory up, pace slowing.

Here is the one-sentence version of Cedar City to start 2026: prices rose over the full quarter, more homes came to market, and the ones that sold took longer to get there. A quarter is long enough to trust, and the quarter says the market is appreciating and broadening at the same time, not cooling. The median climbed year over year while inventory and pending sales both grew, which is the fingerprint of a healthy, widening market rather than a stalling one.

The longer days on market are the counterweight worth understanding. After several years where anything listed sold in a weekend, inventory has caught up, and when buyers have more to compare, the typical home needs an extra beat to find its person. Pricing has to be honest from day one. The well-prepared, correctly priced home still sells near asking. The hopeful overpriced one is what pads that days-on-market number. If you want the short read on which one your home would be, my what is my home worth in Cedar City page is the fastest place to find out.

What changed since last year

A quarter tells the truth a month cannot.

Set the first quarter of 2026 next to the first quarter of 2025 and the picture is steadier than any single month. The median rose seven percent and the average rose three, so prices genuinely appreciated year over year. Pending sales jumped seventeen percent and active inventory climbed thirteen, meaning both supply and demand expanded together. Closed sales slipped just three percent, statistical noise at this scale. This is a market growing in every direction at once.

This is exactly why the quarterly view matters. A market Cedar City's size closes only a few dozen single-family homes in any given month, so a single month's median can swing on which specific houses happened to record. Roll three months together and that noise washes out, leaving the real signal. The quarter's signal is clear: values are up, the market is busier, and the one genuine headwind is time, with homes taking about eighteen days longer to go under contract than a year ago.

If you are selling

The first two weeks decide everything.

In a market where homes sit longer, the most expensive mistake is pricing high and planning to cut later. Buyers can see days on market, and a listing that lingers quietly tells every one of them to wait you out. The homes still selling near asking are the ones that launched at the right number, with real photography and a real plan, and captured the rush of attention every listing gets in its first two weeks. Spend that window on an inflated price and you do not get it back.

That is the entire job, and it is the part most sellers underestimate. With prices up year over year, the equity is there, but a longer-selling market punishes a lazy launch. A correctly priced, well-presented Cedar City home is still closing near list. The gap between that home and the one that withers is almost never the market itself. It is preparation and pricing. Get the band right before you go live, see exactly how I take a Cedar City home to market on my sell your Cedar City home page, and the season does the rest.

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If you are buying

You finally have room to breathe.

Everything that frustrates a seller in a slower market quietly works for you. More homes on the market means more to compare. Longer days on market mean you can sleep on a decision instead of firing off an offer in a panic. And you have negotiating room that did not exist during the bidding-war years. That said, prices rose over the quarter, so this is not a falling market you can wait out. It is a calmer one you can actually navigate, with sellers still getting close to ask but the pressure to waive every contingency gone for now.

The buyers winning here show up ready. A clean, fully prepared offer carries real weight when a seller has been waiting a few weeks, and that is exactly where coordinating your financing with your search pays off, which is a thing I handle directly. It is also worth deciding which part of town fits before you fall for a specific house, so the Cedar City neighborhoods guide is a smart first stop, and if there is new inventory coming that suits you, my new construction in Cedar City rundown tracks what is being built.

The season

Winter set the table for spring.

The first quarter is Cedar City's quiet season, January and February especially, so the fact that pending sales and inventory both climbed through it says something. Buyers were active even in the cold months, and sellers came out earlier than usual. From here, activity builds through spring and crests in summer, with the busiest closing months running from late spring into early fall. A lot of that rhythm ties to the SUU calendar and to families timing a move around the school year, a pattern this town runs on every year.

So read the quarter's longer days on market with that calendar in mind. Winter listings always sit longer than summer ones, and part of this is simply the season. But part is the broader return to normal, where buyers take their time. The months directly ahead are usually the highest-traffic stretch of the year here, precisely the window where a sharp, well-prepared listing gets the most eyes. A strong Q1 on price is a good omen heading into that runway.

Looking ahead

A firm start, with one number to watch.

The first quarter closed with prices up and the market broadening, a genuinely firm start to the year. Heading into the heart of the selling season, the number worth watching is how long homes take to sell. If days on market keep stretching while inventory climbs, buyers settle further into the driver's seat and pricing discipline matters more by the week. If that number tightens as summer demand lands, the appreciation we saw in Q1 likely has more room to run.

And here is the thing no city-wide number can do: 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, especially in a season where homes take longer to move. If you are torn between listing now and 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 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 in this market?

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