$4,630 Closing Credit*
$389,900
2,579 SqFt
3 Beds
•2 Full Baths, 1 Partial
Hollie Holman, Listing Office: Equity Real Estate (Prosper Group)
Housing Prices in Nephi, UT
How much do homes in Nephi, UT cost?
Median List Price
$502,495
$187/sqft
Based on all homes listed in October 2024.
Difference Since Last Month
-$36,505(-6.8%)
Key Takeaway
The list price of homes in Nephi has decreased by 6.8% since September.
Summary: The median home list price in Nephi was $502,495 in October 2024, down 6.8% from the previous month, and the median price per square foot was $187.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $267.4K | $437.4K | +63.6% |
| 3 Bedrooms | $544K | $445K | -18.2% |
| 4 Bedrooms | $607.2K | $515K | -15.2% |
| 5+ Bedrooms | $575K | $532K | -7.5% |
Summary: Nephi housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 63.6%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes decreased by 7.5%.
Housing Supply in Nephi, UT
How many homes are available in Nephi, UT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 34 | +17.2% |
Summary: The Nephi real estate market had 34 homes for sale in October 2024, a 17.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 16 | 19 | +18.8% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Nephi housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 20%.
Days on Market for Nephi, UT
How long does it take to sell a home in Nephi, UT?
Average Listing Age
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 Days | 96 Days | +17.3% |
Summary: Homes in Nephi had an average listing age of 96 days in Oct 2024, up by 17.3% compared to the previous month.
Based 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 © 2024 UtahRealEstate.com All rights reserved.