Box Elder County home values are holding nearly level compared with last year, with the typical home value down less than a percentage point. Listing prices have edged slightly lower year over year as well, while the share of homes selling above list has declined by about 13 percent. Inventory has grown compared with a year ago, and months of supply has more than doubled, reinforcing the shift toward a buyer’s market.
September’s numbers show a typical home value of about $424,000 and a median list price near $444,000, with 61 homes sold during the month. Homes are taking a median of 49 days to go under contract, yet that’s roughly 24 percent faster than a year ago.
Supply and demand are still recalibrating, with 363 active listings and 81 new listings in September even as pending sales fell about 20 percent from August and nearly 9 percent from last year. The county’s 5.1 months of supply is close to Utah’s 5.4 months overall, but Box Elder’s typical home value remains below the statewide median of about $531,000. Only about 9 percent of recent sales closed above asking, and the average sale-to-list ratio sits just under 99 percent, giving buyers more room to negotiate while still rewarding realistically priced homes. Both buyers and sellers can benefit from an Agent Pronto–recommended real estate agent who understands these conditions and can guide their next move.
