Is Gunnison, UT 84634 a buyer’s or seller’s market?

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

Gunnison is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market26Listing to accepted offer
Median price per sq ft$163▲ +8.1% vs. last year

The Gunnison housing market right now

In the three months ending August 31, 2026, 0% of homes in Gunnison, UT 84634 sold above their list price, the typical home went under contract in 26 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 22%, homes sold faster (59 days then) and the median sale price rose 29% to $389,332. Overall, Gunnison is less competitive than a year ago, which gives buyers more room.

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

Nearby, Moroni 84646 (40% sold over asking) and Mount Pleasant 84647 (24% sold over asking) are even more competitive.

Nearby markets

Centerfield 84622Balanced $170 /sq ftChester 84623 — /sq ftEphraim 84627Buyer’s market $162 /sq ftFairview 84629Buyer’s market $248 /sq ft Browse all markets →

Where Gunnison is

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Questions about Gunnison real estate

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

A buyer’s market: there were 8 months of supply in Gunnison, UT 84634 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 Gunnison?

The typical home went under contract in 26 days in the latest three months.

Do homes in Gunnison sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Gunnison?

About 0.47% of a home’s value a year in Sanpete County, or roughly $1,880 on a $400,000 home.

What is the median home price in Gunnison?

The median sale price was $389,332 in the three months ending August 31, 2026, about $163 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