Is Vernal, UT 84078 a buyer’s or seller’s market?

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

Vernal is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score22/ 100

More competitive than 16% of U.S. ZIP codes, and #96 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 supply4.6Under 4 months = seller’s market
Sold above original list9%Share of sales, last 3 months
Median sale-to-list97.6%Sold price ÷ list price
Median days on market67Listing to accepted offer
Median price per sq ft$176▲ +0.2% vs. last year

The Vernal housing market right now

In the three months ending August 31, 2026, 9% of homes in Vernal, UT 84078 sold above their list price, the typical home went under contract in 67 days and there were 4.6 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 103 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 12%, homes sold more slowly (57 days then) and the median sale price rose 1% to $354,846. Overall, Vernal is less competitive than a year ago, which gives buyers more room.

On our competition score, Vernal ranks #96 of 110 UT ZIP codes with enough sales (score 22 out of 100).

Nearby, buyers who want less competition could look at Tridell 84076 (0% sold over asking) or Lapoint 84039 (0% sold over asking).

Nearby markets

Jensen 84035 — /sq ftLapoint 84039Balanced $285 /sq ftRandlett 84063 — /sq ftTridell 84076 $203 /sq ft Browse all markets →

Where Vernal is

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Questions about Vernal real estate

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

A balanced market: there were 4.6 months of supply in Vernal, UT 84078 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 Vernal?

The typical home went under contract in 67 days in the latest three months.

Do homes in Vernal sell over asking?

9% of homes sold above their original list price, and the typical sale closed at 97.6% of the list price.

What are property taxes in Vernal?

About 0.51% of a home’s value a year in Uintah County, or roughly $2,040 on a $400,000 home.

What is the median home price in Vernal?

The median sale price was $354,846 in the three months ending August 31, 2026, about $176 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