Is Summit, UT 84772 a buyer’s or seller’s market?
Summit is a buyer’s market. With about 11.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Summit housing market right now
In the three months ending August 31, 2026, 0% of homes in Summit, UT 84772 sold above their list price, the typical home went under contract in 47 days and there were 11.2 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.
Within Iron County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Run the numbers for 84772
Nearby markets
Beryl 84714Buyer’s market $107 /sq ftBrian Head 84719Buyer’s market $348 /sq ftCedar City 84720Balanced $209 /sq ftCedar City 84721Balanced $223 /sq ft Browse all markets →Where Summit is
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Questions about Summit real estate
Is Summit a buyer’s or seller’s market?
A buyer’s market: there were 11.2 months of supply in Summit, UT 84772 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 Summit?
The typical home went under contract in 47 days in the latest three months.
Do homes in Summit sell over asking?
0% of homes sold above their original list price.
What are property taxes in Summit?
About 0.41% of a home’s value a year in Iron County, or roughly $1,640 on a $400,000 home.
What is the median home price in Summit?
The median sale price was $529,671 in the three months ending August 31, 2026, about $233 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