Market analytics
Grantsville, Utah real estate market report.
Monthly sold prices, days on market, sale-to-list ratio, and absorption rate. Updated nightly from UtahRealEstate.com and the Washington County Board of Realtors.
Updated · Sources: UtahRealEstate.com & Washington County Board of Realtors
June 2026 · Market Analysis
Grantsville closings turned over in days, not weeks — but fewer buyers showed up in June.
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The most striking number out of Grantsville's June 2026 market isn't a price — it's a time stamp. The median home that closed last month did so in just 7 days, down from 26 days in May and 45 days in April, and a fraction of the 43-day pace recorded in June 2025. That speed, however, tells only half the story: only 15 homes closed in June, compared to 25 in June 2025 and 29 in May 2026, meaning the homes that did sell moved with unusual urgency while a growing share of the market sat waiting. Active inventory reached 147 homes — up from 125 in May and 94 a year ago — so the gap between what's available and what's actually trading widened considerably.
Market pulse
The days-on-market arc over the past six months has been anything but smooth. The median sat at 81 days in December 2025, pulled back to 47 in January, held near 51 in both February and March, dropped to 45 in April, then fell sharply to 26 in May before landing at 7 in June — a reading that reflects a very small, self-selected group of motivated sellers and ready buyers rather than a broad market acceleration. Active inventory, meanwhile, has climbed steadily: 92 homes in January, 96 in February, 105 in March, 114 in April, 125 in May, and 147 in June, a 60% increase over six months. The sale-to-list ratio slipped to 98.76% in June, and 9 of the 15 closings came in below list price — a notable contrast to April, when 12 of 31 closings went above list. No homes in the over-$700K price band closed in June, a segment that had accounted for 5 closings in April and 7 in May.
Mortgage context
The 30-year fixed rate held at 6.625% through June, unchanged over the past 30 days, which at least removed one source of uncertainty for buyers weighing the I-15 commute from Grantsville into Salt Lake County. That stability comes after a climb from February's monthly average of 6.19% — a move of 0.43 percentage points that has meaningfully raised the cost of entry since winter. FHA financing at 6.25% and VA loans at 6.375% remain the more accessible paths for buyers who qualify, and those programs are worth exploring given the gap between Grantsville's median price and what comparable square footage costs closer to the Wasatch Front.
Payment math
At $515,000 — June's median sale price in Grantsville — a buyer putting 20% down carries a monthly principal-and-interest payment of $2,638 at today's 6.625% rate, the same as 30 days ago since rates held flat; that figure is $117 above the February low, when the 6.19% monthly average would have produced a $2,521 payment on the same home.
If you're buying
With 147 active listings and only 15 closings last month, Grantsville is carrying more supply than it has all year — buyers have real room to negotiate, particularly on homes that have been sitting past 50 days. Target listings in the Northstar Ranch Subdivision and Carriage Crossing areas that have been on market 60 days or longer; the sale-to-list ratio on slower-moving inventory is running closer to 97–98%, and 6 of June's 15 closings involved sellers who had already cut their price. Buyers who can qualify for FHA at 6.25% or VA at 6.375% have a meaningful payment advantage over conventional financing right now — worth running the numbers before assuming conventional is the default.
If you're selling
Pricing discipline matters more than it has in months: the median list price in June was $568,000 while the median sale price came in at $515,000 — a $53,000 gap that signals sellers are still anchoring to spring expectations the market has moved past. Homes in the $400K–$700K band, which accounted for all 12 mid-range closings, are moving in a median of 21 days when priced correctly; if your home is in that range and has been sitting more than 30 days, a price adjustment of 3–5% is likely more effective than waiting. Sellers in the Desert Edge and Anderson Farms areas saw quicker results in June, suggesting that entry-level and well-located mid-range product still has an audience — condition and initial pricing are doing the heavy lifting.
Outlook
Heading into July and August, Grantsville's warm summer selling season gives well-priced listings a reasonable window, but the inventory overhang is real: at June's pace of 15 closings per month, it would take roughly 9.8 months to work through the current 147 active listings. Buyers priced out of Tooele or Salt Lake County markets may continue to look at Grantsville as a value alternative, but the absence of any over-$700K closings in June suggests that segment faces the steepest headwinds as rates stay elevated. If new listings continue arriving at the May–June pace of 38–46 per month, the supply picture will keep tilting toward buyers through late summer.
Watch for
At the current pace of new listings averaging roughly 40 per month against only 15 closings, active inventory could cross 175 homes by September — a level that would likely push the sale-to-list ratio into the low-97% range and extend median days on market back toward the 40–50 day territory seen earlier this year.
"Seven-day median, 147 listings, 15 closings: Grantsville's June split the speed and volume story wide open."
Common questions about Grantsville this month
Is Grantsville a buyer's or seller's market in June 2026? ▾
The balance has shifted toward buyers. With 147 active listings and only 15 closings in June, there's roughly 9.8 months of supply on hand — well above the 3–4 months that typically signals a seller's market. Nine of those 15 closings came in below list price, and 6 sellers had already cut their asking price before going under contract.
Why did homes sell so fast in June if the market is soft? ▾
The 7-day median days on market reflects a small, self-selected pool of 15 closings — the homes that sold were likely priced right from the start and attracted ready buyers quickly. It doesn't mean the broader market is moving fast; the 132 homes that didn't close in June tell a different story. A low median on a thin sample can be misleading.
How does Grantsville's June median price compare to a year ago? ▾
Of the homes that closed in June 2026, the median sale price was $515,000, down from $617,390 in June 2025. That's a meaningful drop, though with only 15 closings this June versus 25 last June, the mix of homes sold — particularly the complete absence of over-$700K closings this year — accounts for much of the difference. It's less a sign of broad price declines and more a reflection of which homes actually traded.
What price range is actually moving in Grantsville right now? ▾
The $400K–$700K band is doing almost all the work — 12 of June's 15 closings fell in that range, with a median sale price of $542,500 and a median of 21 days on market. The under-$400K segment saw 3 closings at a median of $362,000. Nothing above $700K closed in June, a sharp contrast to May when 7 homes in that range traded.
Should I wait for rates to drop before buying in Grantsville? ▾
The 30-year rate has held at 6.625% for the past 30 days, and the monthly average has been climbing since February's 6.19% low. On a $515,000 home with 20% down, the current principal-and-interest payment is $2,638 — $117 more per month than it would have been at February's rate. Whether to wait depends on your timeline: inventory is building, which gives buyers more negotiating room today, but rate forecasts are uncertain and Grantsville's supply picture could shift if new listings slow.
Number of Listings
Active inventory · new listings · sold per month
Listing Prices
Active median list · new median list · sold median sale
Absorption Rate
Months of supply — active inventory ÷ monthly sold rate
Sale-to-List Ratio
Close price ÷ original list — buyer/seller leverage
Days on Market
Median days from listing to close
Price Volume
Total dollar volume — active · new · sold per month
June 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
16 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 15 · 25th percentile 0 · 75th percentile 47
Needed a price change
Sold listings that had a recorded price change before close
6 of 16 sold homes had at least one price change while listed. Lower = sellers are pricing right the first time.
Sales by price band
Closed-price bucket → sold count and median days to contract
Top subdivisions this month
Ranked by closed count
- 1. Desert Edge 2 sold · $423K · 11d
- 2. Anderson Farms 1 sold · $679K · 2d
- 3. Sun Sage Terrace Subdivision 1 sold · $665K · 30d
- 4. Trackside Pud Sub 1 sold · $650K · 56d
- 5. Carriage Crossing 1 sold · $650K · 34d
June 2026 by property type
How each housing type performed last month — 15 closings total across subtypes.
Summary Statistics
| Metric | Jun-26 | Jun-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 16 | 25 | -36.00% | 153 | 128 | +19.53% |
| Median Sale Price | $520,000 | $617,390 | -15.77% | $568,403 | $570,999 | -0.45% |
| Median DOM | 15 | 43 | -65.12% | 41 | 44 | -6.82% |
| Sale-to-List Ratio | 98.83% | 99.51% | -0.68% | 99.22% | 99.58% | -0.36% |
Past months
Browse historical Grantsville reports — each month's snapshot stays at its own permanent URL.
Sources: UtahRealEstate.com and the Washington County Board of Realtors, aggregated by Best Utah Real Estate. Sale-to-list ratio compares closing price to the final list price (post-reduction). Absorption rate = active inventory ÷ monthly sold rate.