Homes for Sale in Roy, Utah

Roy’s residential market remains attractive for buyers seeking value relative to the broader Utah market. The median closed price of $420,000 is 17.6 % lower than the state median, yet demand is solid—properties are selling in just 66 days, 16 % faster than the state average, and at 99 % of the list price. Single‑family homes dominate activity, with 101 sales in the past three months and a healthy inventory of 46 active listings, while townhomes and condos are fewer and currently have no units under contract. The balanced price stability (0 % month‑over‑month change) combined with brisk sales suggests a market that is neither overheated nor cooling sharply. On the macro side, mortgage rates have reversed their recent decline, rising to 6.42 % for the 30‑year loan in April after a low of 6.06 % in February, which could temper some buying enthusiasm. Nonetheless, Utah’s unemployment remains low at 3.6 % and consumer sentiment has steadied around 56, supporting continued buyer confidence. Regional news notes that mortgage rates are still near a three‑year low, and local regulatory updates (e‑bike law) signal a stable policy environment. Together, these factors keep Roy’s market in a balanced state—affordable pricing with strong demand, but with a watchful eye on rising financing costs.