Homes for Sale in Taylor, Utah

Taylor’s residential market remains relatively tight. The median sale price of $659 K is 29% above the Utah average, and the limited supply—30 new listings versus 15 closed transactions and only 9 active single‑family homes—keeps competition high, as reflected in a 99.3% sale‑to‑list ratio. While prices slipped 0.8% month‑over‑month, the decline is modest, and the average days on market (81) are only marginally higher than the state norm, suggesting demand is still robust. On the macro side, mortgage rates have begun to climb again, with the 30‑year rate rising from a six‑month low of 6.06% to about 6.4% in the most recent month, and the 15‑year rate moving from 5.44% to 5.76%. Unemployment remains stable (U.S. ~4.4%, Utah ~3.6%) and consumer sentiment holds steady around 56, while housing starts have risen to 1.49 million units, indicating continued construction activity. These economic signals, combined with the neutral market regime and rising rates, temper the otherwise strong pricing dynamics, leaving the market in a balanced state rather than overheating.