Question 1

What is the median home price in Hyde Park, Utah in 2026?

Accepted Answer

As of November 2026, the median home price in Hyde Park, Utah is $655,000, which is 26.0% above the Utah state median of $520,000. Home prices in Hyde Park range from $365,000 to $1,599,000, with an average sale price of $690,895. These figures are based on recent closed transactions in the Hyde Park real estate market.

Question 2

Is Hyde Park, Utah a buyer's or seller's market?

Accepted Answer

Hyde Park, Utah is currently a buyer's market. Key indicators include an average sale-to-list price ratio of 96.8% and homes spending an average of 94 days on the market. Hyde Park’s median home price of $700 K is roughly 35% above the Utah median of $520 K, while homes sit on the market 26% longer and sales volume is far lower, signaling a pricier but slowing local market.

Question 3

How long do homes stay on the market in Hyde Park?

Accepted Answer

Homes in Hyde Park, Utah spend an average of 94 days on the market before going under contract compared to the Utah state average of 70 days (33.9% above average). This gives buyers time to carefully evaluate options and negotiate terms. Properties that are priced competitively and show well tend to sell fastest.

Question 4

How many homes are for sale in Hyde Park, Utah?

Accepted Answer

As of November 2026, there are 49 active homes for sale in Hyde Park, Utah with 42 new listings added recently. In the most recent reporting period, 12 transactions closed in Hyde Park. The inventory level can change quickly, so checking regularly helps buyers stay ahead of new opportunities.

Question 5

Are there new construction homes for sale in Hyde Park, Utah?

Accepted Answer

Yes — Hyde Park currently has 42 new listings recently added to the market, with prices starting from $365,000. New construction homes (year built ≥ 2025 or builder-flagged in MLS) can be found using the "New Construction" filter on Propaired. The overall median home price in Hyde Park is $655,000.

Question 6

How does Hyde Park compare to the Utah state average?

Accepted Answer

Hyde Park home prices are 26.0% above the Utah state median of $520,000, with a local median of $655,000. Homes sell slower than the state average — 94 days in Hyde Park vs 70 days statewide (33.9% above average). The sale-to-list ratio is 96.8% locally vs 98.5% statewide.

Question 7

Are homes in Hyde Park more expensive than the Utah average?

Accepted Answer

Yes, homes in Hyde Park are more expensive than the Utah state average. The median home price in Hyde Park is $655,000, compared to the statewide median of $520,000 — a difference of $135,000 (+26.0%). The premium reflects demand for the area's amenities, schools, and location.

Question 8

Do homes sell faster in Hyde Park than the rest of Utah?

Accepted Answer

No, homes in Hyde Park take longer to sell than the Utah average. The average days on market in Hyde Park is 94 days, compared to 70 days statewide (33.9% above average). Buyers in Hyde Park have more time to evaluate listings and negotiate, which can work in their favor. Overall, Hyde Park is currently a buyer's market.

Question 9

How have home prices changed in Hyde Park over the past year?

Accepted Answer

Home prices in Hyde Park, Utah have increased by 40.8% over the past year. The median sale price went from $497,000 to $700,000. This strong appreciation reflects growing demand in the area. Check the Hyde Park market trends section above for detailed charts.

Question 10

Is the Hyde Park housing market heating up or cooling down?

Accepted Answer

The Hyde Park housing market is currently showing mixed signals, with prices up 40.8% year-over-year and days on market increasing by 59.6%. Overall, it is a buyer's market. Hyde Park’s median home price of $700 K is roughly 35% above the Utah median of $520 K, while homes sit on the market 26% longer and sales volume is far lower, signaling a pricier but slowing local market. Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 11

What were Hyde Park home prices this time last year?

Accepted Answer

In October 2025, the median home sale price in Hyde Park, Utah was $497,000. Today, the median is $700,000, representing a change of +40.8% ($203,000 increase). During that same period, the average days on market went from 48 to 77 days.

Question 12

What is the current market outlook for Hyde Park, Utah?

Accepted Answer

Hyde Park’s residential market remains anchored at a premium, with a median closed price of $700 K—about $180 K above the Utah average. However, the past three months have seen a notable 11.4% month‑over‑month price dip, reflecting the impact of rising borrowing costs. Mortgage rates have climbed steadily, with the 30‑year rate moving from 6.41% in May to 7.34% in October, while the 15‑year rate rose from 5.76% to 6.67%. Despite these headwinds, buyer demand stays relatively resilient; the sale‑to‑list ratio is still near 97%, and homes are selling close to list price. Yet, the market is cooling: properties now linger 88 days on market—26% longer than the state average—while closed transactions dropped to just 13 over three months, indicating reduced activity.

The broader economic backdrop supports this cooling trend. Unemployment remains stable (Utah 3.6%, US ~4.2%), but consumer and real‑estate sentiment have slipped (Utah RE sentiment down to 58, national RE sentiment to 45). Regional news underscores affordability pressures, with statewide concerns about rising housing costs and water scarcity from drought and wildfire impacts potentially limiting future supply and buyer confidence. Prospective buyers should anticipate continued price moderation, higher financing costs, and a market that, while still expensive relative to the state, is moving toward a more balanced footing. Hyde Park is currently a buyer's market. Hyde Park’s median home price of $700 K is roughly 35% above the Utah median of $520 K, while homes sit on the market 26% longer and sales volume is far lower, signaling a pricier but slowing local market.

Question 13

What are the key highlights of the Hyde Park housing market?

Accepted Answer

Key highlights of the Hyde Park, Utah housing market include: Median price fell 11.4% month‑over‑month, the sharpest decline in the last three months.. 30‑year mortgage rates have risen from 6.41% to 7.34% over the past six months, pressuring affordability.. Days on market increased to 88 days, 26.5% above the state average of 70 days.. Sale‑to‑list ratio remains strong at 96.9%, indicating buyers still value properties near asking price.. Inventory is thin: only 42 active single‑family listings versus 44 new listings in the same period.. These insights are derived from recent MLS transaction data and local market analysis.

Question 14

What is the price range for homes in Hyde Park, Utah?

Accepted Answer

Homes in Hyde Park, Utah range from $365,000 to $1,599,000, with a median price of $655,000. The standard deviation is $275,725, indicating a wide spread of home values across neighborhoods. This range reflects the diversity of housing options available, from starter homes to luxury properties.

Question 15

What is the internet quality in Hyde Park, Utah?

Accepted Answer

Hyde Park has an average broadband download speed of 3400 Mbps and 32% of homes have access to fiber internet. Top internet providers include Xfinity, Google Fiber, Utah Telecommunication Open Infrastructure Agency. This is above average for Utah, supporting remote work and streaming. Residents have an average of 10.3 provider options.

Question 16

What is the price per square foot in Hyde Park?

Accepted Answer

The median price per square foot in Hyde Park, Utah is $193. The average home size is 3,419 sqft. This metric helps compare value across neighborhoods and property types — a lower price per sqft may indicate better value, while higher prices often reflect premium locations or finishes.

Question 17

Is now a good time to buy a home in Hyde Park, Utah?

Accepted Answer

The 30-year mortgage rate is currently 7.34% and Utah's unemployment rate is 3.6%. Hyde Park is currently a buyer's market. Prices are rising at 40.8% year-over-year. Current conditions may favor buyers with more negotiating room. Market timing depends on your personal financial situation and goals.

Question 18

When is the best time to buy a home in Hyde Park?

Accepted Answer

Historically, October offers the most new listings in Hyde Park, giving buyers the widest selection. Spring (April–June) typically sees the most inventory while winter months often have less competition and potentially more motivated sellers. However, Utah's growing market means opportunities exist year-round. Set up alerts on Propaired to be notified when new listings match your criteria.

Homes for Sale in Hyde Park, Utah

Market Overview

Key Metrics

Detailed Market Analysis

Advanced Metrics

Trend Charts

Price Distribution & Property Mix

Internet & Connectivity in Hyde Park

K-8 & Elementary Schools

Cedar Ridge School

Featured Homes in Hyde Park

$699,999

$560,000

$629,900

$636,000

$650,000

$845,000

$680,000

$675,000

$545,000

$1,599,000

$763,500

$950,000

Deals & Lifestyle in Hyde Park

$560,000

Highlights in Hyde Park

$1,599,000

$1,340,000

$1,325,000

$1,200,000

$1,180,000

$1,100,000

Other property types

$189,713

$1,498,900

$1,498,900

$165,000

$279,981

$219,900

$1,498,900

$184,300

$799,000

$1,498,900

$1,498,900

$190,000

$669,000

$625,000

$1,340,000

$414,990

$394,990

$379,990

$379,990

$379,990

$394,990

$379,990

$739,000

$949,000

Property Types in Hyde Park

Lifestyle Homes in Hyde Park

Real Estate Deals in Hyde Park

Hyde Park Real Estate FAQ

Frequently Asked Questions About Hyde Park Real Estate

What is the median home price in Hyde Park, Utah in 2026?

What is the median home price in Hyde Park, Utah in 2026?

Is Hyde Park, Utah a buyer's or seller's market?

Is Hyde Park, Utah a buyer's or seller's market?

How long do homes stay on the market in Hyde Park?

How long do homes stay on the market in Hyde Park?

How many homes are for sale in Hyde Park, Utah?

How many homes are for sale in Hyde Park, Utah?

Are there new construction homes for sale in Hyde Park, Utah?

Are there new construction homes for sale in Hyde Park, Utah?

How does Hyde Park compare to the Utah state average?

How does Hyde Park compare to the Utah state average?

Are homes in Hyde Park more expensive than the Utah average?

Are homes in Hyde Park more expensive than the Utah average?

Do homes sell faster in Hyde Park than the rest of Utah?

Do homes sell faster in Hyde Park than the rest of Utah?

How have home prices changed in Hyde Park over the past year?

How have home prices changed in Hyde Park over the past year?