Market Intelligence · UT / Cedar City

Cedar City, UT 84720 Housing Market

The typical home value in Cedar City, UT 84720 is $431,848, up 1.8% over the past year as of September 2026. The median list price stands at $534,225, and homes spend a median of 88 days on the market before selling.

Updated September 2026Median value$432K

The median home value in Cedar City, UT 84720 is $432K as of September 2026, up 1.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 84720 range

$397K to $466K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.8% over 12 months

Typical home value in 84720 over the last 12 months: $424K in Sep 2025 to $432K in Sep 2026 (+1.8%).

Sep 2025$424K

Sep 2026$432K

The numbers

What is the 84720 housing market like?

Typical home value

$432K

Up1.8%YoY

Median list price

$534K

Up6.9%MoM

Days on market

88

Up12.8%MoM

Homes for sale

239

Up2.1%MoM

Price cuts

18.9%

Down3.6%MoM

New listings

54

Up3.8%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

84720 housing market forecast 2027

+0.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 84720 to rise 0.7% by September 2027.

Over the 12 months through September 2026, typical home values in 84720 rose 1.8%, per the Zillow Home Value Index.

Will home prices drop in 84720?

Zillow's forecast does not call for a drop: it expects typical home values in 84720 to rise 0.7% by September 2027, after a 1.8% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 84720 home prices compare?

  • 84720$431,848
  • Cedar City$424,776
  • Utah$497,454
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Cedar City: 2 ZIPs; Utah: 186 ZIPs; United States: 26,262 ZIPs).

Context

Sellers in Cedar City, UT 84720 are asking more than homes are actually worth. The median list price is $534,225, while the typical home value sits at $431,848, up only 1.8% over the past year. Buyers are taking their time, with a median of 88 days on market and 239 homes for sale competing for attention as of September 2026. About 18.9% of listings have taken a price cut, which suggests some sellers started too high. For anyone thinking about selling, pricing realistically from day one matters more than chasing the top of the market.

Monthly payment

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20% · $86,370

Common questions

What people ask us.

How much is a home in 84720 worth?

The typical home value in Cedar City, UT 84720 is $431,848 as of September 2026, up 1.8% over the past year.

How long does it take to sell a home in 84720?

Homes in 84720 spend a median of 88 days on the market as of September 2026. There were 239 homes for sale and 54 new listings that month.

Are sellers cutting prices in 84720?

Yes. As of September 2026, 18.9% of listings in Cedar City, UT 84720 had a price cut, against a median list price of $534,225.

Discover

Nearby ZIP markets.

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Guides for sellers.