Question 1

What is the median home price in Millcreek, Utah in 2026?

Accepted Answer

As of November 2026, the median home price in Millcreek, Utah is $604,300, which is 16.2% above the Utah state median of $520,000. Home prices in Millcreek range from $215,000 to $10,700,000, with an average sale price of $752,428. These figures are based on recent closed transactions in the Millcreek real estate market.

Question 2

Is Millcreek, Utah a buyer's or seller's market?

Accepted Answer

Millcreek, Utah is currently a balanced market. Key indicators include an average sale-to-list price ratio of 98.5% and homes spending an average of 65 days on the market. Millcreek’s median home price of $604,300 is about 16% higher than the Utah median of $520,000, while homes sell faster (65 days vs. 70 days statewide) and at a higher sale‑to‑list ratio (98.5%).

Question 3

How long do homes stay on the market in Millcreek?

Accepted Answer

Homes in Millcreek, Utah spend an average of 65 days on the market before going under contract compared to the Utah state average of 70 days (6.8% below 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 Millcreek, Utah?

Accepted Answer

As of November 2026, there are 138 active homes for sale in Millcreek, Utah with 177 new listings added recently. In the most recent reporting period, 97 transactions closed in Millcreek. 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 Millcreek, Utah?

Accepted Answer

Yes — Millcreek currently has 177 new listings recently added to the market, with prices starting from $215,000. 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 Millcreek is $604,300.

Question 6

How does Millcreek compare to the Utah state average?

Accepted Answer

Millcreek home prices are 16.2% above the Utah state median of $520,000, with a local median of $604,300. Homes sell faster than the state average — 65 days in Millcreek vs 70 days statewide (6.8% below average). The sale-to-list ratio is 98.5% locally vs 98.5% statewide.

Question 7

Are homes in Millcreek more expensive than the Utah average?

Accepted Answer

Yes, homes in Millcreek are more expensive than the Utah state average. The median home price in Millcreek is $604,300, compared to the statewide median of $520,000 — a difference of $84,300 (+16.2%). The premium reflects demand for the area's amenities, schools, and location.

Question 8

Do homes sell faster in Millcreek than the rest of Utah?

Accepted Answer

Yes, homes in Millcreek sell faster than the Utah average. The average days on market in Millcreek is 65 days, compared to 70 days statewide (6.8% below average). This faster pace signals strong buyer demand in the area. Overall, Millcreek is currently a balanced market.

Question 9

How have home prices changed in Millcreek over the past year?

Accepted Answer

Home prices in Millcreek, Utah have decreased by 2.7% over the past year. The median sale price went from $595,000 to $579,000. This slight correction may create buying opportunities for prospective homeowners. Check the Millcreek market trends section above for detailed charts.

Question 10

Is the Millcreek housing market heating up or cooling down?

Accepted Answer

The Millcreek housing market is currently showing mixed signals, with prices down 2.7% year-over-year and days on market increasing by 37.5%. Overall, it is a balanced market. Millcreek’s median home price of $604,300 is about 16% higher than the Utah median of $520,000, while homes sell faster (65 days vs. 70 days statewide) and at a higher sale‑to‑list ratio (98.5%). Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 11

What were Millcreek home prices this time last year?

Accepted Answer

In October 2025, the median home sale price in Millcreek, Utah was $595,000. Today, the median is $579,000, representing a change of -2.7% ($16,000 decrease). During that same period, the average days on market went from 54 to 74 days.

Question 12

What is the current market outlook for Millcreek, Utah?

Accepted Answer

Millcreek remains a premium market within Utah, with a median closed price of $604,300—16.2% above the state average. Although prices slipped 4.2% month‑over‑month, the market is still brisk: homes spend an average of 65 days on market (6 days less than the state) and close at 98.5% of the list price. Inventory is limited, with only 97 transactions against 177 new listings in the past three months, keeping the sales‑to‑listing ratio low and supporting price stability. Single‑family homes dominate the high‑end segment (median $749,900, $313/sq ft), while townhomes and condos offer a more affordable entry point (median $475,000, $289/sq ft).

On the macro side, mortgage costs have risen sharply—30‑year rates climbing from 6.41% to 7.34%—which will likely temper demand and could deepen the modest price pull‑back. Unemployment remains stable (Utah 3.6%, US ~4.2%), and consumer sentiment is flat, but real‑estate sentiment indices have slipped (Utah RE Sentiment from 66 to 58). Regional news about water‑conservation efforts for the Great Salt Lake and large‑scale wildfire restoration underscores long‑term environmental pressures that could affect future supply and desirability on the Wasatch Front, including Millcreek. Buyers should weigh the premium pricing against the tightening affordability caused by higher rates, while sellers can still expect strong offers near asking price in this balanced market. Millcreek is currently a balanced market. Millcreek’s median home price of $604,300 is about 16% higher than the Utah median of $520,000, while homes sell faster (65 days vs. 70 days statewide) and at a higher sale‑to‑list ratio (98.5%).

Question 13

What are the key highlights of the Millcreek housing market?

Accepted Answer

Key highlights of the Millcreek, Utah housing market include: Median price is down 4.2% month‑over‑month, signaling a modest cooling after a period of strong growth.. Inventory is tight: 97 closed sales versus 177 new listings in the last three months (≈0.55 sales per listing).. Sale‑to‑list ratio of 98.5% shows buyers are still willing to meet asking prices.. 30‑year mortgage rates have risen sharply from 6.41% to 7.34% over the past six months, pressuring affordability.. Single‑family homes command a premium (median $749,900) compared with townhomes/condos (median $475,000).. These insights are derived from recent MLS transaction data and local market analysis.

Question 14

What is the price range for homes in Millcreek, Utah?

Accepted Answer

Homes in Millcreek, Utah range from $215,000 to $10,700,000, with a median price of $604,300. The standard deviation is $981,558, 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 Millcreek, Utah?

Accepted Answer

Millcreek has an average broadband download speed of 9185 Mbps and 100% of homes have access to fiber internet. Top internet providers include Utah Telecommunication Open Infrastructure Agency, Google Fiber, Quantum Fiber. This is above average for Utah, supporting remote work and streaming. Residents have an average of 13.3 provider options.

Question 16

Are single-family homes or condos a better investment in Millcreek?

Accepted Answer

In Millcreek, single-family homes have a median price of $749,900 (+3.4% YoY), while townhomes/condos are $475,000 (+14.5% YoY). SFRs sell in 39 days vs 62 days for condos. Condos offer a lower entry point with competitive returns. Both property types are available with AI-powered search on Propaired.

Question 17

What is the price per square foot in Millcreek?

Accepted Answer

The median price per square foot in Millcreek, Utah is $298. The average home size is 2,290 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 18

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

Accepted Answer

The 30-year mortgage rate is currently 7.34% and Utah's unemployment rate is 3.6%. Millcreek is currently a balanced market. Prices are stabilizing at 2.7% year-over-year. Current conditions may favor buyers with more negotiating room. Market timing depends on your personal financial situation and goals.

Question 19

When is the best time to buy a home in Millcreek?

Accepted Answer

Historically, August offers the most new listings in Millcreek, 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 Millcreek, Utah

Market Overview

Key Metrics

Detailed Market Analysis

Advanced Metrics

Trend Charts

Price Distribution & Property Mix

Internet & Connectivity in Millcreek

K-8 & Elementary Schools

James E. Moss School

Olene Walker Elementary

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