Summit County Housing Market Report December 2024Summit County, Utah

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Housing Prices in Summit County, UT

How much do homes in Summit County, UT cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$2,199,725$773/SqFt
-$2,875,275
-56.7%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Summit County has decreased by 56.7% since last year.

Summary: The median home list price in Summit County was $2,199,725 in December 2024, down 56.7% from the previous year, and the median price per square foot was $773.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Wasatch County
-56.4%
Summit County
-56.7%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1-$599K
N/A
2$799.9K$875K
+9.4%
3$2.8M$1.3M
-53.4%
4$2.9M$2.5M
-15.0%
5$8.1M$5.6M
-30.2%

Summary: Summit County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +9.4%. The home price for 3 bedroom homes decreased by -53.4%. The home price for 4 bedroom homes decreased by -15.0%. The home price for 5 bedroom homes decreased by -30.2%.

Housing supply in Summit County, UT

How many homes are available in Summit County, UT?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
512Last MonthDec 2024
4392 months agoNov 2024
+16.6 %
Change MoMNov – Dec

Summary: The Summit County real estate market had 512 homes for sale in Dec 2024, a 16.6 % increase compared to Nov 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
12029
+45.0%
26378
+23.8%
39199
+8.8%
4105121
+15.2%
5160185
+15.6%

Summary: Summit County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +45.0%. The inventory for 2 bedroom homes increased by +23.8%. The inventory for 3 bedroom homes increased by +8.8%. The inventory for 4 bedroom homes increased by +15.2%. The inventory for 5 bedroom homes increased by +15.6%.

Days on Market for Summit County, UT

How long does it take to sell a home in Summit County, UT?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
146 DaysThis YearDec 2024
174 Days1 year agoDec 2023
-16.0 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Summit County had an average listing age of 146 days in Dec 2024, down by 16.0% compared to the previous year.

Newest Listings in Summit County, UT

What homes are available in Summit County, UT?

MLS Disclaimers and Copyright

Based on information from UtahRealEstate, and North Texas Real Estate Information Systems Inc. for the period 01/01/2023 - 01/01/2025

IDXBased on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2025 UtahRealEstate.com All rights reserved.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 1/17/2025, 11:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.