Market Overview
balancedEphraim’s median home price of $430K is roughly 18% below the Utah median of $525K, with homes staying on market about 19% longer and selling for 95% of list, indicating a more buyer‑friendly environment than the state overall.- •Median price jumped 24.1% month‑over‑month, the strongest recent gain in the area.
- •Days on market remain high at 73 days, 19% above the state average, suggesting lingering inventory slack.
- •Mortgage rates have risen steadily to ~6.5% for 30‑year loans, adding cost pressure for buyers.
- •Inventory is thin: only 38 new listings in the past three months versus 13 closed sales.
- •Single‑family homes dominate the market, with a median $/sqft of $148 and average size of 3,040 sq ft.
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Frequently Asked Questions About Ephraim Real Estate
As of July 2026, the median home price in Ephraim, Utah is $430,000, which is 18.1% below the Utah state median of $525,000. Home prices in Ephraim range from $285,000 to $760,000, with an average sale price of $453,978. These figures are based on recent closed transactions in the Ephraim real estate market.
Ephraim, Utah is currently a balanced market. Key indicators include an average sale-to-list price ratio of 95.3% and homes spending an average of 73 days on the market. Ephraim’s median home price of $430K is roughly 18% below the Utah median of $525K, with homes staying on market about 19% longer and selling for 95% of list, indicating a more buyer‑friendly environment than the state overall.
Homes in Ephraim, Utah spend an average of 73 days on the market before going under contract compared to the Utah state average of 61 days (19.3% above average). This gives buyers time to carefully evaluate options and negotiate terms. Properties that are priced competitively and show well tend to sell fastest.