Is Neola, UT 84053 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Neola is a seller’s market. With about 0.8 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply0.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.7%Sold price ÷ list price
Median days on market210Listing to accepted offer
Median price per sq ft$195▼ −4.3% vs. last year

The Neola housing market right now

In the three months ending August 31, 2026, 0% of homes in Neola, UT 84053 sold above their list price, the typical home went under contract in 210 days and there were 0.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (5 days then) and the median sale price held steady to $352,298. Overall, Neola is less competitive than a year ago, which gives buyers more room.

Within Duchesne County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Duchesne 84021 (38% sold over asking) and Roosevelt 84066 (10% sold over asking) are even more competitive.

Nearby markets

Altamont 84001Buyer’s market $267 /sq ftAltonah 84002 — /sq ftBluebell 84007Buyer’s market $186 /sq ftDuchesne 84021Buyer’s market $209 /sq ft Browse all markets →

Where Neola is

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Questions about Neola real estate

Is Neola a buyer’s or seller’s market?

A seller’s market: there were 0.8 months of supply in Neola, UT 84053 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 Neola?

The typical home went under contract in 210 days in the latest three months.

Do homes in Neola sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.

What are property taxes in Neola?

About 0.61% of a home’s value a year in Duchesne County, or roughly $2,440 on a $400,000 home.

What is the median home price in Neola?

The median sale price was $352,298 in the three months ending August 31, 2026, about $195 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