Homes for Sale in Stansbury Park, Utah

Stansbury Park’s residential market is showing clear signs of cooling. The median sale price of $492.5 K is modestly below the Utah average, and a sharp 13.7% month‑over‑month price decline has pushed the median down 5.4% year‑over‑year for single‑family homes. Inventory is relatively ample, with 56 active single‑family listings and only 46 closed transactions in the past three months, while homes now linger an average of 127 days—significantly longer than the state’s 79‑day benchmark. Despite the longer hold time, the sale‑to‑list ratio remains near parity at 99.7%, suggesting buyers are still willing to meet asking prices when they find a property they like. The broader economic backdrop reinforces the cooling trend. Over the past six months, the 30‑year mortgage rate slipped from 6.26% to a low of 6.06% in March before edging up to 6.42% in the most recent month, indicating a recent upward pressure on borrowing costs. Unemployment remains stable (U.S. ~4.4%, Utah ~3.6%), and consumer sentiment has held steady around the mid‑50s, while housing starts have risen, pointing to continued supply growth. With rates beginning to rise again and days on market expanding, buyers can expect more negotiating room, but should also be prepared for higher financing costs moving forward.