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Quarterly Market Report

Cedar City housing market
Second Quarter 2026

Across April, May, and June the Cedar City single-family median came in at $473,600, and almost every metric on this page moved by single digits against the same quarter last year. Three noisy months, one steady quarter. That is what a three-month window is for, and it is the read I trust most.

Cedar City single family, Q2 2026

The numbers,
year over year.

Every figure below is Cedar City single-family residential for the second quarter of 2026, set against the second 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. Second quarter 2026 (April through June) 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 4/1/2026 through 6/30/2026.

Median sale price
$473,600 +5% YoY

Up from $450,000 in Q2 2025. Built on 180 closings rather than a few dozen, which makes this a far steadier reading than any of the three months inside it.

Closed sales
180 +1%

Single-family homes closed across the quarter, three more than the same quarter last year. Practically identical transaction volume.

Active inventory
529 +4%

Single-family listings counted across the quarter, twenty-two more than Q2 last year. A slightly wider shelf, and a much fresher one.

Days on market
70 3 days slower

Median days from list to contract on the homes that sold, against 67 in Q2 last year. Ten weeks then, ten weeks now.

New listings
304 +2%

New single-family listings arrived across the quarter, eight more than Q2 2025. Supply replenished at essentially last year's rate.

Percent of list price
99% Flat YoY

Sellers closed at about ninety-nine percent of list across the quarter, matching Q2 2025. Across all residential property types, the average sale landed roughly $7,800 under the asking price.

Average sale price
$510,029 +5%

Up from $481,279 in Q2 2025. Average and median rose by the same share, which is the signature of a broad move rather than a few large sales doing the work.

Under contract
185 +8%

Single-family homes under contract across the quarter, fourteen ahead of Q2 last year. The fastest-growing count on the page, and the pipeline that feeds the third quarter.

Sold dollar volume
$91.8M +7%

Total single-family dollars closed across the quarter, up from $85.2M. Essentially the same number of sales at somewhat higher prices.

The full picture

Every metric, Q2 2026 vs Q2 2025

Metric Q2 2025 Q2 2026 Change
Median sale price $450,000 $473,600 up 5%
Average sale price $481,279 $510,029 up 5%
Closed sales 177 180 up 1%
Sold dollar volume $85.2M $91.8M up 7%
Active inventory 507 529 up 4%
New listings 296 304 up 2%
Under contract 171 185 up 8%
Days on market (sold) 67 70 up 4%
Days to close 110 108 down 1%
Avg days active listings sit 139 111 down 20%
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. The three months inside this quarter show exactly why a quarterly read is steadier than a monthly one.

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

Q2 2026 against Q2 2025, single-family median sale price.

$450,000 Q2 2025 $473,600 Q2 2026
Market at a glance

Three restless months, one calm quarter.

April, May, and June each told a different story in Cedar City. One month sagged, one snapped upward hard, one settled in between. Watched month by month, spring looked volatile. Add the three together and the volatility disappears: the second quarter came in modestly ahead of the same quarter last year on price, essentially level on transaction count, and a shade slower on time to contract. That is the whole point of reading a quarter. In a market where a few dozen closings set the monthly midpoint, three months is the shortest window that tells the truth.

The number I would put at the top of the summary is not any of those, though. It is how long unsold listings had been sitting. Across the quarter that figure came down by roughly a fifth against last spring, which means Cedar City worked off a real backlog of aged inventory while keeping its sales count intact. That is a healthier market underneath than the price line alone conveys. If you want to know where your own home fits into it, my what is my home worth in Cedar City page is the fastest starting point.

What changed since last year

Single digits, in every direction that matters.

Set the second quarter of 2026 beside the second quarter of 2025 and the striking thing is how little separates them. Median and average sale price both rose by the same single-digit share, which is the fingerprint of a genuine broad-based move rather than a handful of expensive closings pulling the numbers. Closed sales, new listings, and active inventory all landed within a few percent of last year. The share of asking price sellers actually collected did not budge at all.

Two lines separated themselves. Homes under contract grew the fastest of any count on the page, which is a forward-looking signal rather than a backward one, and it means the third quarter opened with a deeper pipeline than last year's did. And the average age of the unsold inventory fell substantially. Those two together describe a market that is clearing its shelves rather than accumulating. The mild slowdown in days to contract is worth noting honestly, but three days on a ten-week timeline is noise, not a trend.

If you are selling

Steady is the market you can actually plan around.

A quarter this consistent is a gift for anyone making a decision. You are not trying to catch a moving target or guess whether the window is closing. Prices are modestly ahead of last spring, the negotiating gap between asking and closing has not shifted at all, and the typical home is taking about the same ten weeks it took a year ago to find a buyer. Those are stable inputs. You can build a real plan on them.

What the quarter does not give you is a free pass on pricing. With the aged listings largely cleared out, your home is being compared against current, realistically priced competition rather than a pile of stale inventory that made anything look reasonable. The upside is that a correctly priced Cedar City home is still collecting almost all of its asking price. Get the launch number right, get the prep and photography done before you go live, and this market treats you fairly. How I take a Cedar City home to market is spelled out on my sell your Cedar City home page.

Get your pricing band
If you are buying

A slightly wider shelf that turns over faster.

For buyers, the second quarter was about as reasonable as Cedar City gets. There were modestly more homes to look at than last spring, sellers were still landing at about the same discount off asking, and the typical home gave you a normal amount of time to think rather than forcing a decision in forty-eight hours. Nothing in this quarter's data says you needed to overpay or rush.

The composition of the inventory improved too. Because the aged listings worked their way through, more of what you tour is genuinely current rather than something that has been sitting since last fall for reasons that become obvious in the first five minutes. Where I would concentrate your effort is on picking your part of town before you commit to a house, because Cedar City's pockets behave differently from each other. The Cedar City neighborhoods guide lays that out, and if a build timeline suits you better than a resale, my new construction in Cedar City rundown covers the active communities.

The season

This is the quarter Cedar City's year is built on.

The second quarter is the engine of the Cedar City calendar. Spring listings arrive, the SUU semester wraps and frees families to move on their own schedule, and out-of-state buyers finally hit the stretch of the year when driving over the mountain to look at Iron County is easy. Relocation timelines start to bite in June because anyone who needs to be settled before school starts is now working backward from a fixed date.

That is why this quarter's under-contract count matters more than its closing count. Those pending homes become July and August closings, and this year the queue heading into the second half was noticeably fuller than last year's. Seasonally, Cedar City is standing at the front of its busiest stretch rather than looking back at it, which is a materially different position than the same numbers would mean in October.

Looking ahead

Into the second half with a fuller pipeline.

The second quarter hands the third one a better starting position than last year: more homes already under contract, a fresher pool of active listings, and pricing that is holding rather than lurching. What I will be watching is whether new listings keep arriving at the pace that made this balance possible. Supply replenished at almost exactly last year's rate through the spring, and that steady drip is what kept the market from either starving or flooding. If it slows while contracts keep getting written, conditions tighten. If sellers pile in chasing a stronger median, the aged-inventory problem this quarter solved starts rebuilding.

The second thing worth tracking is whether the mild lengthening in time to contract continues or reverses. A few days is nothing on its own, but a market drifting from ten weeks to twelve changes how anyone should plan a move. And none of these citywide numbers answer your actual question. A newer home in Old Sorrel Heights and a 1980s home closer to town sit on completely separate curves. For a figure that applies to your address, 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 citywide 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, and a quarter this stable is a good backdrop for making one. 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 home in South Mountain trades on a completely different curve than one in Westview Estates or a property up in Cedar Highlands. 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.

A quarterly reading smooths out the monthly noise, which makes it the better lens for spotting how the parts of town genuinely differ over time. 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 get oriented.

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. A stable quarter makes that sequencing easier to model than a volatile one. If you are trading up for more space, my moving up in Cedar City guide covers ordering the sale and the purchase so you are never stuck owning two homes or scrambling with none.

If you are heading the other direction and putting equity to work, the right-sizing in Cedar City page walks through doing it without leaving money on the table. 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 after a quarter like this?

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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