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Cedar City, UT 84720 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Cedar City, UT inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.03
ActiveActive listings: 128128PendingPending sales: 44
Cedar City, UT: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $542k$542kSoldMedian sold price (last 6 months): $485k$485k
What homes actually sell for in Cedar City, UT
Distribution of 193 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $345k to $600k
$255k to $329k: 32 sales$255k$329k to $404k: 23 sales$404k to $478k: 29 sales$404k$478k to $552k: 33 sales33sales$552k to $627k: 23 sales$552k$627k to $701k: 21 sales$701k to $775k: 8 sales$701k$775k to $850k: 5 salesMedian $485k

What the numbers say

As of October 26, 2026, Resideline is tracking 128 active listings and 4 pending sales in ZIP code 84720. That pending-to-active ratio of 0.03 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $542,500, while the median of the 193 closed sales Resideline tracked over the last six months was $484,900. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 84720 for 94 days.

Frequently asked questions

What is the median home price in 84720?

The median closed sale price in Cedar City, UT 84720 was $484,900 over the last six months, based on 193 closed sales tracked by Resideline. The middle half of those sales ranged from $344,950 to $599,900.

Is 84720 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 128 active listings in 84720, a pending-to-active ratio of 0.03. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 84720 is currently a slower-moving market.

Nearby ZIP code market data

Full Cedar City, UT housing market report →

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