Ivins, UT 84738 Real Estate Market Report

ZIP Code: 84738
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Ivins, UT is currently characterized by a median sold price of $606,450, reflecting a softer sales environment. This market has experienced a year-over-year price trend that is down, indicating a decrease in buyer activity and potential pricing pressures. The median days on market stands at 284, suggesting a slower sales velocity and possibly indicating that properties are taking longer to sell than in previous periods.

Despite the decline in sold prices, the local economy remains robust, bolstered by strong job growth and domestic migration. This underlying economic strength may provide some support to the market. However, the inventory conditions reveal elevated levels of supply relative to sales activity, which could further contribute to the downward pressure on prices. The rental market, in contrast, is showing significant strength with a median market rent of $1,980, indicating tight availability and rising rents, which may attract investors looking for rental opportunities.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Ivins, UT are averaging 6.38% as of March 26, 2026, which is 0.16% higher than the previous week's average of 6.22%.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $606,450 reflects a market that is currently experiencing downward pricing pressure.

2. With a median days on market of 284, the market is showing signs of slower sales velocity, suggesting elevated inventory levels relative to demand.

3. The median market rent has reached $1,980, indicating a strong rental market with rising rents and tight availability.

4. Current mortgage rates are averaging 6.38%, which is elevated compared to previous weeks, potentially impacting buyer affordability.

5. The overall market temperature is neutral, reflecting a balanced environment despite the down trend in sales prices.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.