Question 1

What is the median home price in Washington Terrace, Utah in 2026?

Accepted Answer

As of November 2026, the median home price in Washington Terrace, Utah is $388,500, which is 25.3% below the Utah state median of $520,000. Home prices in Washington Terrace range from $265,000 to $725,000, with an average sale price of $429,140. These figures are based on recent closed transactions in the Washington Terrace real estate market.

Question 2

Is Washington Terrace, Utah a buyer's or seller's market?

Accepted Answer

Washington Terrace, Utah is currently a buyer's market. Key indicators include an average sale-to-list price ratio of 99.1% and homes spending an average of 71 days on the market. Washington Terrace’s median home price is about 25% below the Utah median, with slightly longer days on market and near‑list sale prices.

Question 3

How long do homes stay on the market in Washington Terrace?

Accepted Answer

Homes in Washington Terrace, Utah spend an average of 71 days on the market before going under contract compared to the Utah state average of 70 days (1.8% 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 Washington Terrace, Utah?

Accepted Answer

As of November 2026, there are 25 active homes for sale in Washington Terrace, Utah with 31 new listings added recently. In the most recent reporting period, 20 transactions closed in Washington Terrace. 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 Washington Terrace, Utah?

Accepted Answer

Yes — Washington Terrace currently has 31 new listings recently added to the market, with prices starting from $265,000. 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 Washington Terrace is $388,500.

Question 6

How does Washington Terrace compare to the Utah state average?

Accepted Answer

Washington Terrace home prices are 25.3% below the Utah state median of $520,000, with a local median of $388,500. Homes sell slower than the state average — 71 days in Washington Terrace vs 70 days statewide (1.8% above average). The sale-to-list ratio is 99.1% locally vs 98.5% statewide.

Question 7

Are homes in Washington Terrace more expensive than the Utah average?

Accepted Answer

No, homes in Washington Terrace are more affordable than the Utah state average. The median home price in Washington Terrace is $388,500, compared to the statewide median of $520,000 — a difference of $131,500 (-25.3%). This makes Washington Terrace an attractive option for buyers seeking value in Utah.

Question 8

Do homes sell faster in Washington Terrace than the rest of Utah?

Accepted Answer

No, homes in Washington Terrace take longer to sell than the Utah average. The average days on market in Washington Terrace is 71 days, compared to 70 days statewide (1.8% above average). Buyers in Washington Terrace have more time to evaluate listings and negotiate, which can work in their favor. Overall, Washington Terrace is currently a buyer's market.

Question 9

How have home prices changed in Washington Terrace over the past year?

Accepted Answer

Home prices in Washington Terrace, Utah have increased by 2.2% over the past year. The median sale price went from $380,000 to $388,500. This moderate appreciation is consistent with steady market fundamentals. Check the Washington Terrace market trends section above for detailed charts.

Question 10

Is the Washington Terrace housing market heating up or cooling down?

Accepted Answer

The Washington Terrace housing market is currently heating up, with prices up 2.2% year-over-year and days on market decreasing by 8.9%. Overall, it is a buyer's market. Washington Terrace’s median home price is about 25% below the Utah median, with slightly longer days on market and near‑list sale prices. Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 11

What were Washington Terrace home prices this time last year?

Accepted Answer

In October 2025, the median home sale price in Washington Terrace, Utah was $380,000. Today, the median is $388,500, representing a change of +2.2% ($8,500 increase). During that same period, the average days on market went from 68 to 62 days.

Question 12

What is the current market outlook for Washington Terrace, Utah?

Accepted Answer

Washington Terrace’s residential market remains affordable relative to the broader Utah market, with a median price of $388,500—about a quarter below the state median. Activity is modest but steady: 20 homes closed in the past three months and 31 new listings entered the market, yielding a near‑list sale‑to‑list ratio of 99.1%. Days on market average 71 days, marginally higher than the state average of 70, suggesting a slight softening in buyer urgency. Single‑family homes dominate the inventory (20 active, 7 under contract) and command a median price of $400,000, up 3.9% year‑over‑year, while the lone condo sale reflected a 41% price drop, highlighting segment‑specific volatility.

The broader economic backdrop is increasingly challenging for buyers. Over the last six months, the 30‑year mortgage rate climbed from 6.41% to 7.34%, and the 15‑year rate rose from 5.76% to 6.67%, eroding purchasing power even as unemployment remains stable (Utah 3.6%, national 4.2%). Real‑estate sentiment indices have slipped (Utah RE Sentiment from 66 to 58), signaling cautious buyer confidence. Locally, the recent Adams Fire underscores wildfire risk, while the upcoming veterans cemetery may add long‑term demand from service‑member families. Together, rising financing costs and modest sentiment decline point to a cooling, balanced market where price stability is likely to persist in the near term. Washington Terrace is currently a buyer's market. Washington Terrace’s median home price is about 25% below the Utah median, with slightly longer days on market and near‑list sale prices.

Question 13

What are the key highlights of the Washington Terrace housing market?

Accepted Answer

Key highlights of the Washington Terrace, Utah housing market include: Median closed price is $388,500, 25.3% lower than the Utah median of $520,000.. Sale‑to‑list ratio remains high at 99.1%, indicating buyers are still willing to meet asking prices.. 30‑year mortgage rates have risen from 6.41% to 7.34% over the past six months, pressuring affordability.. Inventory is modest: 20 closed transactions and 31 new listings in the last three months, with 20 active single‑family homes and 5 townhomes/condos.. Recent city‑specific news includes the fatal Adams Fire (July 2026) and a federally funded veterans cemetery slated for construction in 2027, both of which could influence buyer perception and future demand.. These insights are derived from recent MLS transaction data and local market analysis.

Question 14

What is the price range for homes in Washington Terrace, Utah?

Accepted Answer

Homes in Washington Terrace, Utah range from $265,000 to $725,000, with a median price of $388,500. The standard deviation is $91,120, indicating relatively consistent pricing across the area. This range reflects the diversity of housing options available, from starter homes to luxury properties.

Question 15

What is the internet quality in Washington Terrace, Utah?

Accepted Answer

Washington Terrace has an average broadband download speed of 4667 Mbps and 78% of homes have access to fiber internet. Top internet providers include Quantum Fiber, Utah Telecommunication Open Infrastructure Agency, Xfinity. This is above average for Utah, supporting remote work and streaming. Residents have an average of 11.7 provider options.

Question 16

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

Accepted Answer

In Washington Terrace, single-family homes have a median price of $400,000 (+3.9% YoY), while townhomes/condos are $247,000 (-41.2% YoY). SFRs sell in 55 days vs 109 days for condos. Single-family homes are appreciating faster. Both property types are available with AI-powered search on Propaired.

Question 17

What is the price per square foot in Washington Terrace?

Accepted Answer

The median price per square foot in Washington Terrace, Utah is $200. The average home size is 2,237 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 Washington Terrace, Utah?

Accepted Answer

The 30-year mortgage rate is currently 7.34% and Utah's unemployment rate is 3.6%. Washington Terrace is currently a buyer's market. Prices are rising at 2.2% 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 Washington Terrace?

Accepted Answer

Historically, August offers the most new listings in Washington Terrace, 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 Washington Terrace, Utah

Market Overview

Key Metrics

Detailed Market Analysis

Advanced Metrics

Trend Charts

Price Distribution & Property Mix

Internet & Connectivity in Washington Terrace

K-8 & Elementary Schools

Roosevelt School

High Schools

Bonneville High

Featured Homes in Washington Terrace

$340,000

$439,000

$360,900

$349,900

$399,900

$315,000

$399,900

$475,000

$369,900

$375,000

$364,900

$715,000

Highlights in Washington Terrace

$455,000

$364,900

$465,000

$389,000

$399,900

$550,000

$349,900

$715,000

$400,000

$449,900

$429,900

$369,900

Other property types

$864,900

$455,000

$364,900

$465,000

$389,000

$399,900

$550,000

$349,900

$715,000

$400,000

$449,900

$429,900

$369,900

Property Types in Washington Terrace

Lifestyle Homes in Washington Terrace

Washington Terrace Real Estate FAQ

Frequently Asked Questions About Washington Terrace Real Estate

What is the median home price in Washington Terrace, Utah in 2026?

What is the median home price in Washington Terrace, Utah in 2026?

Is Washington Terrace, Utah a buyer's or seller's market?

Is Washington Terrace, Utah a buyer's or seller's market?

How long do homes stay on the market in Washington Terrace?

How long do homes stay on the market in Washington Terrace?

How many homes are for sale in Washington Terrace, Utah?

How many homes are for sale in Washington Terrace, Utah?

Are there new construction homes for sale in Washington Terrace, Utah?

Are there new construction homes for sale in Washington Terrace, Utah?

How does Washington Terrace compare to the Utah state average?

How does Washington Terrace compare to the Utah state average?

Are homes in Washington Terrace more expensive than the Utah average?

Are homes in Washington Terrace more expensive than the Utah average?

Do homes sell faster in Washington Terrace than the rest of Utah?

Do homes sell faster in Washington Terrace than the rest of Utah?

How have home prices changed in Washington Terrace over the past year?

How have home prices changed in Washington Terrace over the past year?

Is the Washington Terrace housing market heating up or cooling down?

Is the Washington Terrace housing market heating up or cooling down?

What were Washington Terrace home prices this time last year?

What were Washington Terrace home prices this time last year?

What is the current market outlook for Washington Terrace, Utah?

What is the current market outlook for Washington Terrace, Utah?