Is American Fork, UT 84003 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

American Fork is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score40/ 100

More competitive than 39% of U.S. ZIP codes, and #65 of 110 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.1Under 4 months = seller’s market
Sold above original list13.7%Share of sales, last 3 months
Median sale-to-list98.8%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$241▲ +0.9% vs. last year

The American Fork housing market right now

In the three months ending August 31, 2026, 14% of homes in American Fork, UT 84003 sold above their list price, the typical home went under contract in 42 days and there were 4.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 187 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold more slowly (37 days then) and the median sale price fell 5% to $570,753. Overall, American Fork is less competitive than a year ago, which gives buyers more room.

Within Utah County, homes here sell faster than in 52% of the county’s ZIP codes, and sell less often over asking than in 86%. On our competition score, American Fork ranks #65 of 110 UT ZIP codes with enough sales (score 40 out of 100).

Nearby, buyers who want less competition could look at Goshen 84633 (0% sold over asking) or Alpine 84004 (9% sold over asking), while Cedar Valley 84013 (50% sold over asking) and Mapleton 84664 (26% sold over asking) are even more competitive.

Nearby markets

Alpine 84004Buyer’s market $289 /sq ftCedar Valley 84013Seller’s market $188 /sq ftEagle Mountain 84005Balanced $178 /sq ftElberta 84626 — /sq ft Browse all markets →

Where American Fork is

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Questions about American Fork real estate

Is American Fork a buyer’s or seller’s market?

A balanced market: there were 4.1 months of supply in American Fork, UT 84003 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in American Fork?

The typical home went under contract in 42 days in the latest three months.

Do homes in American Fork sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.

What are property taxes in American Fork?

About 0.44% of a home’s value a year in Utah County, or roughly $1,760 on a $400,000 home.

What is the median home price in American Fork?

The median sale price was $570,753 in the three months ending August 31, 2026, about $241 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology