Is Springville, UT 84663 a buyer’s or seller’s market?

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

Springville is a balanced market. With about 5.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score37/ 100

More competitive than 36% of U.S. ZIP codes, and #71 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 supply5.2Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list99.3%Sold price ÷ list price
Median days on market49Listing to accepted offer
Median price per sq ft$241▼ −1.1% vs. last year

The Springville housing market right now

In the three months ending August 31, 2026, 14% of homes in Springville, UT 84663 sold above their list price, the typical home went under contract in 49 days and there were 5.2 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 79 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 19%, homes sold more slowly (47 days then) and the median sale price rose 2% to $479,792. Overall, Springville is less competitive than a year ago, which gives buyers more room.

Within Utah County, homes here sell more slowly than in 76% of the county’s ZIP codes, and sell less often over asking than in 71%. On our competition score, Springville ranks #71 of 110 UT ZIP codes with enough sales (score 37 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 ftAmerican Fork 84003Balanced $241 /sq ftCedar Valley 84013Seller’s market $188 /sq ftEagle Mountain 84005Balanced $178 /sq ft Browse all markets →

Where Springville is

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Questions about Springville real estate

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

A balanced market: there were 5.2 months of supply in Springville, UT 84663 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 Springville?

The typical home went under contract in 49 days in the latest three months.

Do homes in Springville sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.

What are property taxes in Springville?

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 Springville?

The median sale price was $479,792 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