Homes for Sale in Willard, Utah

Willard’s residential market remains tightly balanced. While the median price of $502,226 is modestly below Utah’s $510,000 benchmark (‑1.5 %), the market has experienced a sharp 25 % month‑over‑month price decline, reflecting a short‑term cooling pressure. Nevertheless, homes are moving quickly—averaging 64 days on market, well under the state’s 79‑day average—and are closing at nearly full list price (99.4 % sale‑to‑list ratio), suggesting that demand still outpaces the limited supply (15 active listings versus 23 new listings over the last three months). On the macro side, mortgage rates have begun to rise again, climbing to 6.42 % for the 30‑year loan in April after a brief dip to 6.06 % in February. The Fed Funds rate has held steady at 3.64 %, and Utah’s unemployment remains low at 3.6 %, providing a stable economic backdrop. Consumer sentiment has improved to 56.4, and housing starts are robust at 1.487 million units, supporting continued construction activity. Combined with regional news that mortgage rates are still near a three‑year low, Willard offers a balanced environment where buyers can still secure homes at near‑list prices, but should act promptly as inventory remains scarce and financing costs may climb further.