Market Overview
balancedBox Elder’s median home price of $450 K sits modestly above the Utah median, while its 99 % sale‑to‑list ratio is slightly tighter than the state‑wide average.- •Median closed price: $450,000; SFR median $484,500, Townhome/Condo median $333,875.
- •Days on market: 69 days, indicating moderate buyer patience.
- •Sale‑to‑list ratio: 99.2%, showing sellers are achieving near‑list prices.
- •Inventory: 425 new listings in 3 months, 216 active SFRs and 35 active townhomes/condos, roughly matching recent sales volume.
- •Mortgage rates have edged up (30‑yr 6.1 % → 6.49 %) but remain stable month‑to‑month.
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Frequently Asked Questions About Box Elder County Real Estate
Box Elder County, Utah is currently a balanced market. Box Elder’s median home price of $450 K sits modestly above the Utah median, while its 99 % sale‑to‑list ratio is slightly tighter than the state‑wide average.
Home prices in Box Elder County, Utah have increased by 8.6% over the past year. The median sale price went from $419,000 to $455,000 (+8.6%).
Box Elder County’s residential market remains broadly balanced, offering buyers a mix of opportunity and competition. The median home price of $450 K reflects a modest premium over the Utah average, and sellers are still capturing nearly full list prices (99.2% sale‑to‑list). However, the average 69‑day market time and a supply of 216 active single‑family homes versus 202 sold in the last three months suggest that inventory is keeping pace with demand, tempering any rapid price escalation. Mortgage rates have risen slightly over the past six months, climbing from 6.1 % to 6.49 % for the 30‑year, which may dampen buyer urgency but has not yet shifted the overall market temperature.
The county’s major hubs—Brigham City, Tremonton, Garland, Willard, and Perry—show similar dynamics, with active listings outnumbering recent sales and under‑contract properties indicating steady buyer interest. While the broader economy shows stable unemployment (U.S. 4.2‑4.4 %, Utah 3.6 %) and unchanged Fed Funds rates, the slight dip in regional real‑estate sentiment (around 50/100) points to a cautious but not bearish outlook. For buyers, this balanced environment means negotiating power is reasonable, especially on townhomes and condos where inventory is tighter, while still benefiting from relatively low days‑on‑market and near‑list price achievements. The market temperature is rated "balanced." Box Elder’s median home price of $450 K sits modestly above the Utah median, while its 99 % sale‑to‑list ratio is slightly tighter than the state‑wide average.