Name: Garden City Real Estate Market Data
Creator: Propaired

Question 1

What is the median home price in Garden City, Utah in 2026?

Accepted Answer

As of July 2026, the median home price in Garden City, Utah is $655,000, which is 24.8% above the Utah state median of $525,000. Home prices in Garden City range from $68,500 to $4,400,000, with an average sale price of $788,985. These figures are based on recent closed transactions in the Garden City real estate market.

Question 2

Is Garden City, Utah a buyer's or seller's market?

Accepted Answer

Garden City, Utah is currently a balanced market. Key indicators include an average sale-to-list price ratio of 97.5% and homes spending an average of 135 days on the market. Garden City’s median home price sits ~25% above the Utah average, yet homes linger on the market about twice as long, signaling a slower‑moving, price‑driven market.

Question 3

How long do homes stay on the market in Garden City?

Accepted Answer

Homes in Garden City, Utah spend an average of 135 days on the market before going under contract compared to the Utah state average of 61 days (121.2% 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 Garden City, Utah?

Accepted Answer

As of July 2026, there are 187 active homes for sale in Garden City, Utah with 116 new listings added recently. In the most recent reporting period, 24 transactions closed in Garden City. 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 Garden City, Utah?

Accepted Answer

Yes — Garden City currently has 116 new listings recently added to the market, with prices starting from $68,500. 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 Garden City is $655,000.

Question 6

How does Garden City compare to the Utah state average?

Accepted Answer

Garden City home prices are 24.8% above the Utah state median of $525,000, with a local median of $655,000. Homes sell slower than the state average — 135 days in Garden City vs 61 days statewide (121.2% above average). The sale-to-list ratio is 97.5% locally vs 99.0% statewide.

Question 7

Are homes in Garden City more expensive than the Utah average?

Accepted Answer

Yes, homes in Garden City are more expensive than the Utah state average. The median home price in Garden City is $655,000, compared to the statewide median of $525,000 — a difference of $130,000 (+24.8%). The premium reflects demand for the area's amenities, schools, and location.

Question 8

Do homes sell faster in Garden City than the rest of Utah?

Accepted Answer

No, homes in Garden City take longer to sell than the Utah average. The average days on market in Garden City is 135 days, compared to 61 days statewide (121.2% above average). Buyers in Garden City have more time to evaluate listings and negotiate, which can work in their favor. The overall market temperature is considered balanced.

Question 9

How have home prices changed in Garden City over the past year?

Accepted Answer

Home prices in Garden City, Utah have decreased by 21.1% over the past year. The median sale price went from $800,000 to $631,250. This decline may signal a shifting market that favors buyers. Check the Garden City market trends section above for detailed charts.

Question 10

Is the Garden City housing market heating up or cooling down?

Accepted Answer

The Garden City housing market is currently showing mixed signals, with prices down 21.1% year-over-year and days on market decreasing by 56.6%. The market temperature is rated "balanced" based on current conditions. Garden City’s median home price sits ~25% above the Utah average, yet homes linger on the market about twice as long, signaling a slower‑moving, price‑driven market. Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 11

What were Garden City home prices this time last year?

Accepted Answer

In July 2025, the median home sale price in Garden City, Utah was $800,000. Today, the median is $631,250, representing a change of -21.1% ($168,750 decrease). During that same period, the average days on market went from 83 to 36 days.

Question 12

What is the current market outlook for Garden City, Utah?

Accepted Answer

Garden City’s residential market remains priced well above the Utah average, with the median closed price at $655,000 versus the state’s $525,000. Prices have continued to climb, posting a 7 % month‑over‑month increase and a 10.7 % year‑over‑year rise for single‑family homes. However, the market is absorbing inventory more slowly: the average days on market is 135 days—more than double the state’s 61‑day average—while 24 homes closed in the last three months against 117 new listings. The high sale‑to‑list ratio of 97.5 % shows buyers are still willing to meet asking prices, but the long holding periods and abundant active listings (112 single‑family homes, 76 townhomes/condos) point to a balanced rather than hot market.

On the macro side, mortgage rates have edged upward over the past six months, with the 30‑year rate moving from 6.10 % to 6.49 % and the 15‑year from 5.47 % to 5.85 %. Unemployment remains stable (Utah 3.6 %, national 4.2‑4.3 %), and consumer sentiment is flat. Statewide initiatives—such as Utah’s new housing division aimed at accelerating construction—could increase supply and temper price growth, while the pending federal grant to replace the Fairview Avenue Bridge may improve local infrastructure and appeal. Meanwhile, a potential 4.2 % hike in Rocky Mountain Power rates could add cost pressure for residents, subtly influencing affordability. Overall, Garden City’s market is balanced: prices stay high, but rising rates, ample inventory, and longer selling times suggest cooling pressures are beginning to emerge. The market temperature is rated "balanced." Garden City’s median home price sits ~25% above the Utah average, yet homes linger on the market about twice as long, signaling a slower‑moving, price‑driven market.

Question 13

What are the key highlights of the Garden City housing market?

Accepted Answer

Key highlights of the Garden City, Utah housing market include: Median closed price is $655K, 24.8% higher than the state median of $525K.. Homes are staying on market 135 days, 121% longer than the Utah average of 61 days.. Month‑over‑month price appreciation remains strong at +7.0% despite rising mortgage rates.. Inventory is ample: 112 single‑family homes and 76 townhomes/condos are active, while only 24 transactions closed in the past three months.. Sale‑to‑list ratio is 97.5%, indicating sellers are still achieving near‑list prices.. These insights are derived from recent MLS transaction data and local market analysis.

Question 14

What is the price range for homes in Garden City, Utah?

Accepted Answer

Homes in Garden City, Utah range from $68,500 to $4,400,000, with a median price of $655,000. The standard deviation is $587,584, 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 Garden City, Utah?

Accepted Answer

Garden City has an average broadband download speed of 739 Mbps and 48% of homes have access to fiber internet. Top internet providers include CentraCom, Starlink. This is above average for Utah, supporting remote work and streaming. Residents have an average of 4.8 provider options.

Question 16

Are single-family homes or condos a better investment in Garden City?

Accepted Answer

In Garden City, single-family homes have a median price of $670,000 (+10.7% YoY), while townhomes/condos are $485,000 (+28.0% YoY). SFRs sell in 70 days vs 70 days for condos. Condos offer a lower entry point with competitive returns. Both property types are available with AI-powered search on Propaired.

Question 17

What is the price per square foot in Garden City?

Accepted Answer

The median price per square foot in Garden City, Utah is $283. The average home size is 2,493 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 18

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

Accepted Answer

The 30-year mortgage rate is currently 6.49% and Utah's unemployment rate is 3.6%, with Garden City's market rated as "balanced." Prices are stabilizing at 21.1% year-over-year. Current conditions may favor buyers with more negotiating room. Market timing depends on your personal financial situation and goals.

Question 19

When is the best time to buy a home in Garden City?

Accepted Answer

Historically, June offers the most new listings in Garden City, 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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