Name: Erda Real Estate Market Data
Creator: Propaired

Question 1

What is the median home price in Erda, Utah in 2026?

Accepted Answer

As of May 2026, the median home price in Erda, Utah is $640,000, which is 23.6% above the Utah state median of $517,990. Home prices in Erda range from $515,000 to $2,374,900, with an average sale price of $625,071. These figures are based on recent closed transactions in the Erda real estate market.

Question 2

Is Erda, Utah a buyer's or seller's market?

Accepted Answer

Erda, Utah is currently a cooling market that is shifting toward buyers. Key indicators include an average sale-to-list price ratio of 94.7% and homes spending an average of 178 days on the market. Erda’s median home price is about 29% higher than the Utah median, yet its 7.8 months of inventory and heavy price‑cut activity create a cooler, buyer‑friendly environment.

Question 3

How long do homes stay on the market in Erda?

Accepted Answer

Homes in Erda, Utah spend an average of 178 days on the market before going under contract compared to the Utah state average of 72 days (147.8% 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.

Question 4

How many homes are for sale in Erda, Utah?

Accepted Answer

As of May 2026, there are 23 active homes for sale in Erda, Utah with 37 new listings added recently. In the most recent reporting period, 7 transactions closed in Erda. The inventory level can change quickly, so checking regularly helps buyers stay ahead of new opportunities.

Question 5

Are there new construction homes for sale in Erda, Utah?

Accepted Answer

Yes — Erda currently has 37 new listings recently added to the market, with prices starting from $515,000. New construction homes (year built ≥ 2025 or builder-flagged in MLS) can be found using the "New Construction" filter on Propaired. The overall median home price in Erda is $640,000.

Question 6

How does Erda compare to the Utah state average?

Accepted Answer

Erda home prices are 23.6% above the Utah state median of $517,990, with a local median of $640,000. Homes sell slower than the state average — 178 days in Erda vs 72 days statewide (147.8% above average). The sale-to-list ratio is 94.7% locally vs 99.0% statewide.

Question 7

Are homes in Erda more expensive than the Utah average?

Accepted Answer

Yes, homes in Erda are more expensive than the Utah state average. The median home price in Erda is $640,000, compared to the statewide median of $517,990 — a difference of $122,010 (+23.6%). The premium reflects demand for the area's amenities, schools, and location.

Question 8

Do homes sell faster in Erda than the rest of Utah?

Accepted Answer

No, homes in Erda take longer to sell than the Utah average. The average days on market in Erda is 178 days, compared to 72 days statewide (147.8% above average). Buyers in Erda have more time to evaluate listings and negotiate, which can work in their favor. The overall market temperature is considered cooling.

Question 9

How have home prices changed in Erda over the past year?

Accepted Answer

Home prices in Erda, Utah have decreased by 35.7% over the past year. The median sale price went from $670,000 to $430,500. This decline may signal a shifting market that favors buyers. Check the Erda market trends section above for detailed charts.

Question 10

Is the Erda housing market heating up or cooling down?

Accepted Answer

The Erda housing market is currently showing mixed signals, with prices down 35.7% year-over-year and days on market increasing by 297.2%. The market temperature is rated "cooling" based on current conditions. Erda’s median home price is about 29% higher than the Utah median, yet its 7.8 months of inventory and heavy price‑cut activity create a cooler, buyer‑friendly environment. Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 11

What were Erda home prices this time last year?

Accepted Answer

In May 2025, the median home sale price in Erda, Utah was $670,000. Today, the median is $430,500, representing a change of -35.7% ($239,500 decrease). During that same period, the average days on market went from 18 to 72 days.

Question 12

What is the current market outlook for Erda, Utah?

Accepted Answer

Erda’s housing market is anchored by a median price that outpaces the state by nearly a third, yet recent dynamics tell a different story. A sharp 48.5% month‑over‑month price decline and an 89% rate of price‑cut adjustments signal that sellers are conceding to buyer power. With 7.8 months of inventory—well above the six‑month threshold for a balanced market—buyers have ample choice, and the 40% deal fall‑through rate underscores lingering caution.

Economic fundamentals support this buyer‑friendly tilt. Mortgage rates have hovered near a three‑year low at just over 6%, while construction activity remains robust, reflected in 59% of listings being new builds. However, the single‑family segment saw an 18.4% YoY price dip, and the high proportion of price reductions (nearly 60% of listings) suggest that price expectations are being reset. Combined with strong broadband scores (97.5/100) and solid amenity ratings, Erda offers attractive lifestyle benefits, but prospective buyers should leverage the current inventory surplus and negotiate aggressively given the market’s cooling temperature. The market temperature is rated "cooling." Erda’s median home price is about 29% higher than the Utah median, yet its 7.8 months of inventory and heavy price‑cut activity create a cooler, buyer‑friendly environment.

Question 13

What are the key highlights of the Erda housing market?

Accepted Answer

Key highlights of the Erda, Utah housing market include: Median price sits at $665,000 – roughly 29% above the Utah median – but dropped 48.5% month‑over‑month, the steepest decline in the data set.. Months of inventory at 7.8 places the market firmly in buyer’s‑market territory, despite the high price level.. Price adjustments are overwhelmingly downward: 58.8% of listings received cuts and 89% of all adjustments were reductions.. Deal fall‑through rate is 40% of pending contracts, far higher than typical markets and a sign of buyer hesitation.. New construction dominates the supply, with 59% of active listings being brand‑new homes, while single‑family home prices fell 18.4% YoY.. These insights are derived from recent MLS transaction data and local market analysis.

Question 14

What is the price range for homes in Erda, Utah?

Accepted Answer

Homes in Erda, Utah range from $515,000 to $2,374,900, with a median price of $640,000. The standard deviation is $403,115, indicating a wide spread of home values across neighborhoods. This range reflects the diversity of housing options available, from starter homes to luxury properties.

Question 15

What is the internet quality in Erda, Utah?

Accepted Answer

Erda has an average broadband download speed of 1591 Mbps and 93% of homes have access to fiber internet. Top internet providers include Beehive Broadband, Terabit Networks, Starlink. This is above average for Utah, supporting remote work and streaming. Residents have an average of 9.1 provider options.

Question 16

What is the price per square foot in Erda?

Accepted Answer

The median price per square foot in Erda, Utah is $218. The average home size is 3,034 sqft. This metric helps compare value across neighborhoods and property types — a lower price per sqft may indicate better value, while higher prices often reflect premium locations or finishes.

Question 17

Is now a good time to buy a home in Erda, Utah?

Accepted Answer

The 30-year mortgage rate is currently 6.35% and Utah's unemployment rate is 3.6%, with Erda's market rated as "cooling." Prices are stabilizing at 35.7% year-over-year. Current conditions may favor buyers with more negotiating room. Market timing depends on your personal financial situation and goals.

Question 18

When is the best time to buy a home in Erda?

Accepted Answer

Historically, April offers the most new listings in Erda, giving buyers the widest selection. Spring (April–June) typically sees the most inventory while winter months often have less competition and potentially more motivated sellers. However, Utah's growing market means opportunities exist year-round. Set up alerts on Propaired to be notified when new listings match your criteria.

Market Overview

Key Metrics

Detailed Market Analysis

Advanced Metrics

Trend Charts

Price Distribution & Property Mix

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Highlights in Erda

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Erda Real Estate FAQ

Frequently Asked Questions About Erda Real Estate

What is the median home price in Erda, Utah in 2026?

What is the median home price in Erda, Utah in 2026?

Is Erda, Utah a buyer's or seller's market?

Is Erda, Utah a buyer's or seller's market?

How long do homes stay on the market in Erda?

How long do homes stay on the market in Erda?

How many homes are for sale in Erda, Utah?

How many homes are for sale in Erda, Utah?

Are there new construction homes for sale in Erda, Utah?

Are there new construction homes for sale in Erda, Utah?

How does Erda compare to the Utah state average?

How does Erda compare to the Utah state average?

Are homes in Erda more expensive than the Utah average?

Are homes in Erda more expensive than the Utah average?

Do homes sell faster in Erda than the rest of Utah?

Do homes sell faster in Erda than the rest of Utah?

How have home prices changed in Erda over the past year?

How have home prices changed in Erda over the past year?