Name: Hyde Park Real Estate Market Data
Creator: Propaired

Question 1

What is the median home price in Hyde Park, Utah in 2026?

Accepted Answer

As of May 2026, the median home price in Hyde Park, Utah is $677,500, which is 30.8% above the Utah state median of $517,990. Home prices in Hyde Park range from $375,000 to $1,749,900, with an average sale price of $680,819. These figures are based on recent closed transactions in the Hyde Park real estate market.

Question 2

Is Hyde Park, Utah a buyer's or seller's market?

Accepted Answer

Hyde Park, Utah is currently a cooling market that is shifting toward buyers. Key indicators include an average sale-to-list price ratio of 97.7% and homes spending an average of 168 days on the market. Hyde Park’s median home price is roughly 31% above the Utah median, while homes stay on market 134% longer than the state average.

Question 3

How long do homes stay on the market in Hyde Park?

Accepted Answer

Homes in Hyde Park, Utah spend an average of 168 days on the market before going under contract compared to the Utah state average of 72 days (133.8% 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 Hyde Park, Utah?

Accepted Answer

As of May 2026, there are 34 active homes for sale in Hyde Park, Utah with 42 new listings added recently. In the most recent reporting period, 13 transactions closed in Hyde Park. 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 Hyde Park, Utah?

Accepted Answer

Yes — Hyde Park currently has 42 new listings recently added to the market, with prices starting from $375,000. 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 Hyde Park is $677,500.

Question 6

How does Hyde Park compare to the Utah state average?

Accepted Answer

Hyde Park home prices are 30.8% above the Utah state median of $517,990, with a local median of $677,500. Homes sell slower than the state average — 168 days in Hyde Park vs 72 days statewide (133.8% above average). The sale-to-list ratio is 97.7% locally vs 99.0% statewide.

Question 7

Are homes in Hyde Park more expensive than the Utah average?

Accepted Answer

Yes, homes in Hyde Park are more expensive than the Utah state average. The median home price in Hyde Park is $677,500, compared to the statewide median of $517,990 — a difference of $159,510 (+30.8%). The premium reflects demand for the area's amenities, schools, and location.

Question 8

Do homes sell faster in Hyde Park than the rest of Utah?

Accepted Answer

No, homes in Hyde Park take longer to sell than the Utah average. The average days on market in Hyde Park is 168 days, compared to 72 days statewide (133.8% above average). Buyers in Hyde Park 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 Hyde Park over the past year?

Accepted Answer

Home prices in Hyde Park, Utah have increased by 35.5% over the past year. The median sale price went from $402,000 to $544,900. This strong appreciation reflects growing demand in the area. Check the Hyde Park market trends section above for detailed charts.

Question 10

Is the Hyde Park housing market heating up or cooling down?

Accepted Answer

The Hyde Park housing market is currently showing mixed signals, with prices up 35.5% year-over-year and days on market increasing by 348.5%. The market temperature is rated "cooling" based on current conditions. Hyde Park’s median home price is roughly 31% above the Utah median, while homes stay on market 134% longer than the state average. Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 11

What were Hyde Park home prices this time last year?

Accepted Answer

In May 2025, the median home sale price in Hyde Park, Utah was $402,000. Today, the median is $544,900, representing a change of +35.5% ($142,900 increase). During that same period, the average days on market went from 51 to 229 days.

Question 12

What is the current market outlook for Hyde Park, Utah?

Accepted Answer

Hyde Park’s residential market remains pricey, with a median close price of $677,500—about $159,000 above the Utah median. However, the market is losing momentum: prices fell 21.6% from the prior month and homes now linger for an average of 168 days, more than twice the state norm. The strong 97.7% sale‑to‑list ratio shows that when transactions occur, sellers still achieve near‑list prices, but the low volume (13 sales vs. 42 new listings) points to waning buyer demand.

Economic indicators reinforce the cooling trend. Mortgage rates have risen modestly, with the 30‑year rate moving from 6.24% to 6.35% and the 15‑year from 5.52% to 5.69% over the past six months, tightening affordability. Unemployment remains steady (U.S. ~4.3‑4.5%, Utah 3.6%) and consumer sentiment has plateaued around 56, while housing starts and permits have held steady, suggesting supply is not tightening dramatically. Together, higher financing costs and stagnant demand are tempering the once‑hot Hyde Park market, moving it toward a cooler, more balanced environment for prospective buyers. The market temperature is rated "cooling." Hyde Park’s median home price is roughly 31% above the Utah median, while homes stay on market 134% longer than the state average.

Question 13

What are the key highlights of the Hyde Park housing market?

Accepted Answer

Key highlights of the Hyde Park, Utah housing market include: Median price $677,500, 30.6% higher than Utah’s median, but down 21.6% month‑over‑month.. Average days on market 168 days, more than double the state average of 72 days.. Sale‑to‑list ratio remains strong at 97.7%, indicating sellers still receive near‑list offers.. Only 13 closed transactions in the past three months versus 42 new listings, signaling limited buyer activity.. Mortgage rates have edged up, with the 30‑year rate climbing from 6.24% to 6.35% over the last six months.. These insights are derived from recent MLS transaction data and local market analysis.

Question 14

What is the price range for homes in Hyde Park, Utah?

Accepted Answer

Homes in Hyde Park, Utah range from $375,000 to $1,749,900, with a median price of $677,500. The standard deviation is $280,958, 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 Hyde Park, Utah?

Accepted Answer

Hyde Park has an average broadband download speed of 3400 Mbps and 32% of homes have access to fiber internet. Top internet providers include Xfinity, Google Fiber, Utah Telecommunication Open Infrastructure Agency. This is above average for Utah, supporting remote work and streaming. Residents have an average of 10.3 provider options.

Question 16

What is the price per square foot in Hyde Park?

Accepted Answer

The median price per square foot in Hyde Park, Utah is $202. The average home size is 3,737 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 Hyde Park, Utah?

Accepted Answer

The 30-year mortgage rate is currently 6.35% and Utah's unemployment rate is 3.6%, with Hyde Park's market rated as "cooling." Prices are rising at 35.5% 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 Hyde Park?

Accepted Answer

Historically, May offers the most new listings in Hyde Park, 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

Featured Homes in Hyde Park

$387,000

$624,900

$375,000

$624,900

$639,900

$634,990

$679,900

$670,000

$820,000

$889,400

Deals & Lifestyle in Hyde Park

$387,000

$624,900

$375,000

$624,900

$639,900

$634,990

$525,000

$579,000

$624,900

$624,900

$634,990

$820,000

$889,400

$849,000

$631,400

$824,900

$704,000

$614,900

$704,000

$387,000

$624,900

$375,000

$624,900

$639,900

$634,990

$679,900

$670,000

$820,000

$889,400

$624,900

Highlights in Hyde Park

$18,655,000

$2,200,000

$1,875,000

$1,749,900

$1,498,900

$1,350,000

$1,299,000

$125,000

$669,000

$180,000

$670,000

$725,000

$1,350,000

$824,900

$694,000

$679,900

$849,000

$2,200,000

$670,000

$824,900

$525,000

$631,400

$749,000

$634,990

$735,000

$380,000

$375,000

$387,000

$375,000

$579,000

$775,000