The story of this market
The typical home in Cedar City, Utah sells for about $382,450, or $221 per square foot.
Prices are up +6.93% from a year ago, so sellers still have some momentum. Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $1,087 a month.
Monthly price momentum
Home values since 2015
+1.3%
UT · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Cedar City, Utah
The Cedar City housing market is showing signs of stabilization with moderate price growth and a healthy inventory level. Demand remains supported by the local university and regional economic growth, though buyers are increasingly price-sensitive. The market is currently characterized by a balanced pace of sales and steady, albeit measured, appreciation.
No ARED county foreclosure postings attributed to Cedar City yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 5.5% year over year.
Homes spend a median of 46 days on market with 5.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 79.73% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 15.0% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A major public university that serves as a primary economic and cultural anchor for the city, providing jobs and educational opportunities.
A popular municipal facility offering indoor swimming and fitness programs for residents of all ages.
Cedar City is well-suited for families seeking an affordable, community-oriented lifestyle, as well as university students and faculty. It also attracts retirees and outdoor enthusiasts who value the city's access to natural amenities and its relatively lower cost of living compared to larger Utah metros.
The city is served by the Iron County School District, which provides a range of public education options including several elementary, middle, and high schools. Schools in the area are generally characterized by stable performance and community-focused programming.
The city is primarily served by I-15, which provides a critical north-south corridor for regional travel and commuting. Local transit options are limited, with most residents relying on personal vehicles for daily transportation.
Cedar City offers extensive outdoor recreation opportunities, including proximity to national parks, local trail systems, and the Cedar City Aquatic Center. The city's cultural scene is bolstered by events like the Utah Shakespeare Festival, which draws significant regional interest.
The rental market in Cedar City is influenced by the presence of Southern Utah University, creating consistent demand for student housing and workforce rentals. Vacancy rates remain relatively tight, and rent trajectories have shown moderate upward pressure in recent periods.
The economy is anchored by Southern Utah University, healthcare services, and a diverse manufacturing base. The city continues to see steady economic momentum driven by regional growth and tourism.
Cedar City serves as a regional economic hub for Iron County, anchored by Southern Utah University and a growing manufacturing and tourism sector. Infrastructure development is ongoing to support the city's steady population growth and expanding commercial footprint.
Development activity is focused on expanding residential capacity to meet population growth, with various subdivisions and mixed-use projects in the planning or construction phases.
Parcels in Cedar City are subject to standard municipal and county tax levies, with additional assessments for school district operations and potential utility service districts.
Cedar City generally maintains a lower crime rate compared to national averages, though property crime remains the most frequent concern for residents. Local law enforcement actively monitors trends to ensure community safety remains stable relative to regional benchmarks.
The region faces typical high-desert environmental risks, including potential for wildfire in surrounding wildland-urban interfaces and occasional high-wind events. Residents are encouraged to maintain adequate insurance coverage and adhere to local fire-safety ordinances.
Property insurance markets in the region are stable, though premiums are sensitive to wildfire risk assessments and the overall cost of construction in the area.
Property taxes in Cedar City are assessed by Iron County, with rates determined by the combined levies of the city, county, and school district. Utah law provides various exemptions for primary residences, which can significantly reduce the effective tax burden for owner-occupants.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from US Census Bureau and Data USA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.