Question 1

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

Accepted Answer

As of November 2026, the median home price in Nephi, Utah is $435,000, which is 16.4% below the Utah state median of $520,000. Home prices in Nephi range from $369,900 to $1,500,000, with an average sale price of $460,700. These figures are based on recent closed transactions in the Nephi real estate market.

Question 2

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

Accepted Answer

Nephi, Utah is currently a buyer's market. Key indicators include an average sale-to-list price ratio of 99.8% and homes spending an average of 69 days on the market. Nephi’s median home price ($435K) is roughly 16% below the Utah median ($520K) and its price drop (-14.6% MoM) is steeper than the state trend, while days on market (69) are essentially on par.

Question 3

How long do homes stay on the market in Nephi?

Accepted Answer

Homes in Nephi, Utah spend an average of 69 days on the market before going under contract compared to the Utah state average of 70 days (1.1% 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 Nephi, Utah?

Accepted Answer

As of November 2026, there are 43 active homes for sale in Nephi, Utah with 35 new listings added recently. In the most recent reporting period, 24 transactions closed in Nephi. 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 Nephi, Utah?

Accepted Answer

Yes — Nephi currently has 35 new listings recently added to the market, with prices starting from $369,900. 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 Nephi is $435,000.

Question 6

How does Nephi compare to the Utah state average?

Accepted Answer

Nephi home prices are 16.4% below the Utah state median of $520,000, with a local median of $435,000. Homes sell faster than the state average — 69 days in Nephi vs 70 days statewide (1.1% below average). The sale-to-list ratio is 99.8% locally vs 98.5% statewide.

Question 7

Are homes in Nephi more expensive than the Utah average?

Accepted Answer

No, homes in Nephi are more affordable than the Utah state average. The median home price in Nephi is $435,000, compared to the statewide median of $520,000 — a difference of $85,000 (-16.4%). This makes Nephi an attractive option for buyers seeking value in Utah.

Question 8

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

Accepted Answer

Yes, homes in Nephi sell faster than the Utah average. The average days on market in Nephi is 69 days, compared to 70 days statewide (1.1% below average). This faster pace signals strong buyer demand in the area. Overall, Nephi is currently a buyer's market.

Question 9

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

Accepted Answer

Home prices in Nephi, Utah have increased by 0.0% over the past year. The median sale price went from $379,900 to $380,000. This moderate appreciation is consistent with steady market fundamentals. Check the Nephi market trends section above for detailed charts.

Question 10

Is the Nephi housing market heating up or cooling down?

Accepted Answer

The Nephi housing market is currently heating up, with prices up 0.0% year-over-year and days on market decreasing by 50.3%. Overall, it is a buyer's market. Nephi’s median home price ($435K) is roughly 16% below the Utah median ($520K) and its price drop (-14.6% MoM) is steeper than the state trend, while days on market (69) are essentially on par. Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 11

What were Nephi home prices this time last year?

Accepted Answer

In October 2025, the median home sale price in Nephi, Utah was $379,900. Today, the median is $380,000, representing a change of +0.0% ($100 increase). During that same period, the average days on market went from 157 to 78 days.

Question 12

What is the current market outlook for Nephi, Utah?

Accepted Answer

Nephi’s residential market is entering a cooling phase. Over the last three months the median closed price slid to $435,000, a 14.6% month‑over‑month decline, and single‑family homes are now selling for a median of $445,000—down 6.3% year‑over‑year. Inventory remains modest, with 34 active single‑family listings and only 6 under contract, while the overall transaction volume is low (24 closed sales in three months). Days on market (69) are essentially unchanged from the state average, and the near‑list sale‑to‑list ratio of 99.8% shows buyers are still willing to meet asking prices, but the rapid price erosion suggests demand is softening.

The broader economic backdrop reinforces this trend. The 30‑year mortgage rate has climbed from 6.41% in May to 7.34% in October, adding roughly $150–$200 to monthly payments on a $400K loan, which dampens buying power. Unemployment is stable (Utah 3.6%, national 4.2%), and real‑estate sentiment indices have slipped (Utah RE Sentiment 66 → 58; RE Composite 50 → 45), indicating growing caution among buyers and agents. On the positive side, Nephi’s local economy receives a boost from the new Bar‑W cattle‑processing plant, which aims to keep more agricultural value in‑state and could support future housing demand. Regional water‑conservation and wildfire‑restoration efforts, while not directly impacting Nephi’s market now, underscore the importance of long‑term environmental stability for the area’s livability. Overall, buyers should expect continued price moderation and should act quickly, as inventory is limited and financing costs are rising. Nephi is currently a buyer's market. Nephi’s median home price ($435K) is roughly 16% below the Utah median ($520K) and its price drop (-14.6% MoM) is steeper than the state trend, while days on market (69) are essentially on par.

Question 13

What are the key highlights of the Nephi housing market?

Accepted Answer

Key highlights of the Nephi, Utah housing market include: Median single‑family home price fell to $445K, a 6.3% YoY decline, with $182.9/ft² and an average size of 2,680 sf.. Sale‑to‑list ratio remains near parity at 99.8%, indicating sellers are still achieving list prices despite price pressure.. 30‑year mortgage rates have risen 0.93 percentage points over the past six months (6.41% → 7.34%).. Local economy gets a boost from the new Bar‑W processing plant, keeping more cattle‑related jobs and spending in Nephi.. These insights are derived from recent MLS transaction data and local market analysis.

Question 14

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

Accepted Answer

Homes in Nephi, Utah range from $369,900 to $1,500,000, with a median price of $435,000. The standard deviation is $192,831, indicating relatively consistent pricing across the area. This range reflects the diversity of housing options available, from starter homes to luxury properties.

Question 15

How do Nephi schools compare to the state average?

Accepted Answer

Of the 5 schools in Nephi, 0 (0%) are rated as high-performing and 0 have strong academics indicators. Families should research individual school ratings on our Nephi schools page for detailed performance breakdowns.

Question 16

What is the internet quality in Nephi, Utah?

Accepted Answer

Nephi has an average broadband download speed of 935 Mbps and 90% of homes have access to fiber internet. Top internet providers include CentraCom, Starlink. This is above average for Utah, supporting remote work and streaming. Residents have an average of 5.8 provider options.

Question 17

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

Accepted Answer

In Nephi, single-family homes have a median price of $445,000 (-6.3% YoY), while townhomes/condos are $285,000 (-20.8% YoY). SFRs sell in 41 days vs 99 days for condos. Single-family homes are appreciating faster. Both property types are available with AI-powered search on Propaired.

Question 18

What is the price per square foot in Nephi?

Accepted Answer

The median price per square foot in Nephi, Utah is $183. The average home size is 2,611 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 19

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

Accepted Answer

The 30-year mortgage rate is currently 7.34% and Utah's unemployment rate is 3.6%. Nephi is currently a buyer's market. Prices are rising at 0.0% year-over-year. Current conditions may favor buyers with more negotiating room. Market timing depends on your personal financial situation and goals.

Question 20

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

Accepted Answer

Historically, May offers the most new listings in Nephi, 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.

Question 21

Is Nephi a safe place to live?

Accepted Answer

Nephi has a safety rating of 5.6 out of 10 (10 = safest) based on 2024 BCI NIBRS data. The overall crime rate is 39.0 per 1,000 residents, which is 16% below the statewide average, making it moderate in terms of crime. The violent crime rate is 9.1 per 1,000 residents and the property crime rate is 15.8 per 1,000 residents. (Population: 7,353)

Question 22

What is the crime rate in Nephi?

Accepted Answer

In 2024, Nephi's total NIBRS crime rate was 39.0 offenses per 1,000 residents. This includes crimes against persons (9.1 per 1K), property crimes (15.8 per 1K), and crimes against society. For comparison, the statewide average is approximately 46.4 per 1,000 residents. Source: Bureau of Criminal Identification NIBRS report.

Homes for Sale in Nephi, Utah

Market Overview

Key Metrics

Detailed Market Analysis

Advanced Metrics

Trend Charts

Price Distribution & Property Mix

Nephi compared to:

vs National Average (FBI UCR 2024)

Internet & Connectivity in Nephi

K-8 & Elementary Schools

Juab District

Juab Jr High

Nebo View School

Red Cliff School

High Schools

Juab High

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Nephi Real Estate FAQ

Frequently Asked Questions About Nephi Real Estate

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

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

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

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

How long do homes stay on the market in Nephi?

How long do homes stay on the market in Nephi?

How many homes are for sale in Nephi, Utah?

How many homes are for sale in Nephi, Utah?

Are there new construction homes for sale in Nephi, Utah?

Are there new construction homes for sale in Nephi, Utah?

How does Nephi compare to the Utah state average?

How does Nephi compare to the Utah state average?