Housing Prices in Springville, UT
How much do homes in Springville, UT cost?
Median List Price
$509,900
$257/sqft
Based on all homes listed in May 2024.
Difference Since Last Month
Summary: The median home list price in Springville was $509,900 in May 2024, down 3.8% from the previous month, and the median price per square foot was $257.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $274.4K | $278.9K | +1.6% |
3 Bedrooms | $429.9K | $429.9K | 0.0% |
4 Bedrooms | $529.9K | $522.4K | -1.4% |
5+ Bedrooms | $950K | $799.9K | -15.8% |
Summary: Springville housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.6%, 3 bedroom homes did not change, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 15.8%.
Median List Price Compared To Nearby Cities
Spanish Fork | $499K | $499.9K | 0.2% |
Springville | $529.9K | $509.9K | -3.8% |
Provo-Orem | $570K | $540K | -5.3% |
Provo | $629K | $577K | -8.3% |
Housing Supply in Springville, UT
How many homes are available in Springville, UT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
76 | 97 | +27.6% |
Summary: The Springville real estate market had 97 homes for sale in May 2024, a 27.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 10 | +25.0% |
3 Bedrooms | 21 | 25 | +19.0% |
4 Bedrooms | 22 | 30 | +36.4% |
5+ Bedrooms | 25 | 32 | +28.0% |
Summary: The Springville housing inventory by bedroom type for May 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 19%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 28%.
Days on Market for Springville, UT
How long does it take to sell a home in Springville, UT?
Average Listing Age
Apr 2024 | May 2024 | CHANGE |
---|---|---|
86 Days | 76 Days | -11.0% |
Summary: Homes in Springville had an average listing age of 76 days in May 2024, down by 11% compared to the previous month.