Homes for Sale in Santa Clara, Utah

Santa Clara’s residential market remains warm despite a recent uptick in mortgage rates. The median closed price of $520,000 is 2 % above the Utah median and has risen 4 % from the previous month, while the average days on market have dropped to 54 days—31.8 % faster than the state average. Buyers are still competing aggressively, as evidenced by a 98.6 % sale‑to‑list ratio and a limited inventory of just 14 closed transactions and 38 new listings over the past three months. Single‑family homes dominate activity, with 10 sales at a median price of $585,000 and 25 active listings, whereas townhomes and condos show weaker performance, highlighted by a 65 % year‑over‑year price drop. On the macro side, the 30‑year mortgage rate has risen from 6.06 % to 6.42 % over the last month, signaling a modest increase in financing costs. However, the broader economic backdrop remains supportive: Utah’s unemployment rate is steady at 3.6 %, consumer sentiment has held around the mid‑50s, and housing starts continue to climb, indicating ongoing construction activity. Together, these factors suggest that while financing may become slightly tighter, the underlying demand in Santa Clara stays robust, keeping the market in a warm, buyer‑responsive regime.