Homes for Sale in Cedar Hills, Utah

Cedar Hills remains a premium market within Utah, with a median closed price of $774,000—about $264,000 higher than the state median. Prices have surged 21.2 % month‑over‑month, and homes are moving quickly, spending just 68 days on market versus the state average of 79 days. The sale‑to‑list ratio of 98.9 % indicates buyers are willing to meet or exceed asking prices, and the limited supply (22 closed transactions against 25 new listings) is keeping competition high. On the macro side, mortgage rates have edged upward in the past 30 days, climbing to 6.42 % for the 30‑year loan after a brief dip to 6.06 % earlier in the spring, which could modestly temper demand. However, unemployment remains low (Utah 3.6 %, national 4.4 %), consumer sentiment is steady around 56, and housing starts are rising, suggesting a resilient local economy. Utah’s real‑estate sentiment stays robust in the high‑60s, supporting continued buyer interest despite the slight rate increase. Together, these factors point to a “warm” market—still strong but beginning to feel the early pressure of rising financing costs.