Cedar City housing market

Buyer's marketCedar City, UT metro areaData through Sep 2026
Typical home value
$410K
▲ 2.4% 1 yr
Typical rent
$1,491/mo
▲ 0.6% 1 yr
12-month forecast
+1.0%
#399 of 546 metros
Gross rent yield
4.4%
#479 of 546 · U.S. 6.3%
Days to pending
91 days
▲ +4 days 1 yr
Listings with a price cut
22%
▼ −0.9 pts 1 yr

Key takeaways

  • 1The typical home is worth $409,512, up 2.4% in a year and up 17% over five years.
  • 2Zillow forecasts home values rising 1.0% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,491/mo (+0.6% YoY), a 4.4% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $2,250/mo in principal and interest, $759 more than renting.
  • 5Homes go under contract in 91 days (+4 days vs last year); 22% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 33/100, #402 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $410K
$205K$269K$332K$396K2016201920222025
Typical monthly rent
Latest $1,491
$1,373$1,410$1,446$1,48320222023202420252026

How fast homes are selling

Days to go under contract
Latest 91
57728810320222023202420252026
Share of listings with a price cut
Latest 22.3%
8.3%15.1%21.8%28.6%20182020202220242026
Homes for sale vs new listings
Latest 713
For saleNew listings
10129248467520182020202220242026
Share of homes sold above list price
Latest 13.3%
8.8%12.2%15.6%19.0%202420252026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Cedar City compares

MeasureCedar CityUnited StatesRank of 546
Home value, 1-yr change+2.4%+1.2%#256
Home value, 5-yr change+17.2%+19.7%
12-month forecast+1.0%+1.1%#399
Rent, 1-yr change+0.6%+2.7%#502
Gross rent yield4.4%6.3%#479
Price-to-rent ratio22.915.8
Mortgage P&I on typical home$2,250$2,012
Days to pending9156

Cities in the Cedar City metro

1 cities with home value and rent data.

Cedar City$404K▲ 1.4%$1,481▲ 0.8%4.4%

Run the numbers

Other Utah metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.