Market Overview
coolingErda’s median home price is roughly 28% higher than the Utah average, and homes linger about 80% longer on the market.- •Median price fell 42.9% month‑over‑month, signaling a sharp short‑term correction.
- •Sale‑to‑list ratio remains strong at 98.2%, indicating buyers are still willing to meet asking prices.
- •Average days on market is 110 days, far above the state average of 61 days.
- •Mortgage rates have risen from 6.1% to 6.49% over the past six months, adding cost pressure for buyers.
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Frequently Asked Questions About Erda Real Estate
As of July 2026, the median home price in Erda, Utah is $672,000, which is 28.0% above the Utah state median of $525,000. Home prices in Erda range from $630,000 to $2,294,900, with an average sale price of $683,652. These figures are based on recent closed transactions in the Erda real estate market.
Erda, Utah is currently a cooling market that is shifting toward buyers. Key indicators include an average sale-to-list price ratio of 98.2% and homes spending an average of 110 days on the market. Erda’s median home price is roughly 28% higher than the Utah average, and homes linger about 80% longer on the market.
Homes in Erda, Utah spend an average of 110 days on the market before going under contract compared to the Utah state average of 61 days (79.6% 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.