Market analytics
Hooper real estate market report.
Monthly sold prices, days on market, sale-to-list ratio, and absorption rate. Updated nightly from the Utah MLS feed.
Updated · Source: Utah RESO MLS
April 2026 · Market Analysis
Hooper closings stay thin but April buyers paid above asking on quicker deals.
Hooper closed 6 homes in April 2026 at a median sale price of $645,000, down from $670,000 in April 2025 but right in line with the prior 12-month pace of roughly 6 sales per month. What stands out this month is speed and pricing discipline: median days on market dropped to 36 from 219 in March 2026, and the sale-to-list ratio reached 101.84 — the strongest reading in the 13-month dataset for Hooper.
Market pulse
Active inventory in Hooper rose to 22 homes in April 2026, matching the August 2025 high and up from 19 in March and 17 in February. New listings came in at 8, continuing a heavier spring cadence after 10 in February and 11 in March. Sale-to-list ratios have held at or above 100 in five of the last seven reported months (September 2025 through April 2026), even as median DOM bounced between 113, 255, 239, 164, 219, and now 36. Sold counts have stayed in a narrow 3-to-6 band since October 2025, so monthly medians swing — December 2025 printed $787,500 on 4 sales while January 2026 came in at $630,000 on 5.
Mortgage context
The 30-year mortgage rate sits at 6.75% as of late May 2026, up 0.5 points over the prior 30 days, with 15-year at 5.99% and FHA/VA near 6.25%. On a Hooper-priced home that 30-day move translates to roughly $170 more per month in principal and interest, about 5.3% higher than where payments stood a month ago. That added carrying cost helps explain why buyers who did close in April were precise on price — paying just over list on homes that had clearly been priced to move.
Outlook
Over the next 60 to 90 days, Hooper sellers should expect 22 active listings to keep competition tight on any home that is not sharply priced, even as the homes that do show well are clearing in roughly a month. If the 30-year rate holds near 6.75% or drifts higher, the buyer pool stays rate-sensitive and the recent 100-plus sale-to-list pattern will depend on disciplined initial pricing. Summer typically brings Hooper's heaviest new-listing volume, so inventory could push past 22 before absorption catches up.
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
Summary Statistics
| Metric | Apr-26 | Apr-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 6 | 7 | -14.29% | 22 | 26 | -15.38% |
| Median Sale Price | $645,000 | $670,000 | -3.73% | $662,045 | $657,348 | +0.71% |
| Median DOM | 36 | 68 | -47.06% | 159 | 80 | +98.75% |
| Sale-to-List Ratio | 101.84% | 98.54% | +3.35% | 99.96% | 97.70% | +2.31% |
Source: Utah RESO feed aggregated by Best Utah Real Estate. Sale-to-list ratio compares closing price to the original list price (pre-reduction). Absorption rate = active inventory ÷ monthly sold rate.