Housing Prices in Springville, UT

How much do homes in Springville, UT cost?

Median List Price

$584,400

$260/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$15,050(-2.5%)

Key Takeaway

The list price of homes in Springville has decreased by 2.5% since September.

Summary: The median home list price in Springville was $584,400 in October 2024, down 2.5% from the previous month, and the median price per square foot was $260.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $464.9K$464.9K
0.0%
2 $349.9K$400K
+14.3%
3 $434.9K$439.9K
+1.1%
4 $559.9K$557.4K
-0.4%
5+ $1.1M$899.4K
-18.2%

Summary: Springville 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 14.3%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 18.2%.

Median List Price Compared To Nearby Cities

Springville
-2.5%
Spanish Fork
-3.5%
Provo-Orem
-5.2%
Provo
-10.6%

Housing Supply in Springville, UT

How many homes are available in Springville, UT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
78106+35.9%

Summary: The Springville real estate market had 106 homes for sale in October 2024, a 35.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 45
+25.0%
3 1623
+43.8%
4 3146
+48.4%
5+ 2530
+20.0%

Summary: The Springville 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 increased by 25%, 3 bedroom homes increased by 43.8%, 4 bedroom homes increased by 48.4%, and 5+ bedroom homes increased by 20%.

Days on Market for Springville, UT

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

Average Listing Age

Sep 2024Oct 2024CHANGE
91 Days93 Days+2.1%

Summary: Homes in Springville had an average listing age of 93 days in Oct 2024, up by 2.1% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Springville, UT

Nearby Markets to Springville, UT

What housing markets are near Springville, UT?