The Utah real estate scene is changing, with St. George at the center in 2025. Oak Real Estate has done a deep dive into the St. George Housing Inventory. As of December 2024, the median home price was $568,987, down 3.6% from the month before.
Investors and buyers are seeing changes in the St. George housing market. The price drops show how local economy, population growth, and development plans are affecting the market. Our analysis breaks down these changes, helping those in the Utah real estate world.
Key Takeaways
- Median home list price in St. George decreased to $568,987 in December 2024
- Market showing signs of stabilization after recent price adjustments
- Continued demand from local and out-of-state buyers
- Inventory increased to 315 homes in December 2024
- Potential opportunities for strategic real estate investments
Current Market Overview and Pricing Trends
The St. George housing market is changing fast. It has new pricing trends and inventory updates. If you’re looking at St. George homes for sale, 2025 is full of interesting market chances.
Median List Price Analysis
Looking at St. George’s housing market, we see important details. The median list price is $568,987. This shows a small but important shift in the market. Here are some key points:
- Median list price went down by $21,012 (3.6%) from November 2024
- Average price per square foot: $269
- Total homes available: 315 properties
Price Changes by Neighborhood
Prices vary by neighborhood in St. George:
| City | Median List Price Change |
|---|---|
| Ivins | +9.9% |
| Washington | +1.7% |
| Saint George | -3.6% |
| Santa Clara | -14.1% |
Price Per Square Foot Trends
Prices differ based on property size:
- 1 Bedroom: $310,000 (0.0% change)
- 2 Bedrooms: $331,900 (+0.6%)
- 3 Bedrooms: $469,900 (-0.5%)
- 4 Bedrooms: $649,900 (-1.9%)
- 5+ Bedrooms: $915,400 (-1.6%)
“The St. George real estate market continues to adapt to changing economic conditions, showing smart chances for buyers and investors.” – Local Real Estate Expert
Housing Inventory Status for St. George 2025
The Southern Utah real estate market is seeing big changes in 2025. In December 2024, St. George had 315 homes for sale. This is an 11.3% jump from the month before.
“The St. George housing market continues to demonstrate resilience and dynamic potential,” says local real estate expert Michael Reynolds.
Looking at the housing inventory, we see some interesting trends:
- 2 Bedrooms: 44 homes (+12.8%)
- 3 Bedrooms: 108 homes (+17.4%)
- 4 Bedrooms: 74 homes (+13.8%)
- 5+ Bedrooms: 80 homes (+2.6%)
St. George’s housing market is complex. Here are some key points:
| Property Type | Median Price | Price Change |
|---|---|---|
| 1 Bedroom | $310,000 | 0.0% |
| 2 Bedrooms | $331,900 | +0.6% |
| 3 Bedrooms | $469,900 | -0.5% |
| 4 Bedrooms | $649,900 | -1.9% |
| 5+ Bedrooms | $915,400 | -1.6% |
In December 2024, homes in St. George were on the market for 100 days. This is a 20.9% increase from the month before. It shows the market is stabilizing, with chances for both buyers and sellers in Southern Utah.
Property Distribution by Bedroom Count
The St. George housing market is full of variety. It shows the different needs of local homebuyers. Knowing how many bedrooms each property has helps us understand the market.
Single vs Multi-Bedroom Availability
Recent data from Washington County shows an interesting split in St. George property listings:
- 1 Bedroom: 23 units (stable inventory)
- 2 Bedrooms: 81 units (+11.0% increase)
- 3 Bedrooms: 257 units (+20.1% increase)
- 4 Bedrooms: 225 units (+16.0% increase)
- 5+ Bedrooms: 191 units (+6.1% increase)
Most Popular Housing Configurations
Homebuyers in St. George have clear favorites. 3-bedroom homes are the most popular. They make up a big part of the market.
| Bedroom Count | Total Listings | Price Range |
|---|---|---|
| 3 Bedrooms | 257 | $524,900 |
| 4 Bedrooms | 225 | $700,000 |
| 2 Bedrooms | 81 | $324,500 |
Inventory Growth Patterns
The local market is growing fast. Washington County’s housing inventory hit 777 units in December 2024. This is a 13.6% jump from the month before. It means more chances for buyers and investors in St. George.
“The diversity in our housing inventory reflects the dynamic needs of our community,” says local real estate expert.
St. George Housing Inventory Analysis Comparative Study
The Utah real estate scene offers interesting insights when looking at St. George compared to its neighbors. St. George’s housing market analysis shows it has its own special traits. These traits make it stand out in Southern Utah.
Regional market trends show different patterns in Southern Utah. Key metrics highlight St. George’s strong position:
- Population growth averaging 4.4% annually
- Robust employment sectors driving housing demand
- Attractive investment opportunities compared to nearby markets
| Market Indicator | St. George | Santa Clara | Washington | Ivins |
|---|---|---|---|---|
| Annual Population Growth | 4.4% | 3.2% | 3.7% | 2.9% |
| Housing Demand | 1,600 units | 1,200 units | 950 units | 750 units |
| Employment Growth | 6.4% | 5.8% | 5.2% | 4.5% |
The Utah real estate market shows strength, with St. George being a top choice for investors. Strong employment growth and a strategic location boost the area’s housing market.
“St. George offers a unique chance in Southern Utah’s real estate, with solid economic signs and a good housing supply.” – Regional Economic Analyst
Investors and homebuyers will find St. George very appealing. The area’s forecasted annual housing demand of 1,600 units shows its economic strength and growth chances.
Market Duration and Property Turnover
Looking into the St. George housing market trends gives us key insights. It shows how long properties stay on the market and how often they change hands. This is important for both buyers and sellers to know.
The St. George housing data analysis reveals interesting trends in property movement. By February 2024, the market showed some unique features:
- Average days on market: 54 days
- Sale-to-list price ratio: Always over 100%
- Home sales volume: Up from last year
Average Days on Market Statistics
In the current St. George housing market, properties sell at different rates. Location, price, and condition greatly affect how long a property stays on the market. Homes priced right in good areas sell quickly.
“The speed of property sales is a critical indicator of market health and buyer demand.” – Local Real Estate Expert
Seasonal Sales Patterns
Seasonal changes are key in St. George’s real estate market. The market shows different patterns all year:
- Spring: Peak buying season with highest activity
- Summer: Continued strong sales momentum
- Fall: Gradual slowdown in market pace
- Winter: Lowest market activity
Investors and homeowners can use these insights to improve their strategies. They can time their market entries and exits for the best results.
New Construction Impact on Inventory
The Southern Utah real estate market is changing fast. New construction is playing a big role. It’s helping meet the needs of a growing population.
Recent data shows interesting facts about local construction:
- 720 homes are currently under construction
- Estimated demand for new homes is 6,075 over the next three years
- Population growth has been accelerating, reaching 4.0% between 2016 and 2017
The construction sector is playing a critical role in addressing housing shortages and meeting market requirements. Developers are focusing on areas with high growth. They aim to create diverse housing options for different people.
“New construction is not just about adding housing units, but about creating sustainable communities,” says a local real estate expert.
Here are some important points about new construction in Southern Utah:
- New home construction sales increased by 6% year-over-year in July
- Current new home inventory levels are comparable to those in 2008
- Builders are adapting to changing market conditions and consumer preferences
New construction is helping to keep housing prices in check. It’s also giving buyers more choices in St. George. This shows a smart way to balance supply and demand.
Neighborhood-Specific Market Analysis
St. George’s housing market is diverse and lively across different areas. Each neighborhood has its own special opportunities for buyers and investors. They help understand the local real estate scene.
The city’s real estate market is unique in each neighborhood. Each area has its own investment chances and market trends.
Premium Areas Performance
Some neighborhoods in St. George really stand out:
- Stone Cliff: Has the highest prices, showing luxury living with median prices around $450,000
- Entrada: Offers luxury and steady value growth
- Little Valley: Shows stable growth and high demand
“Location defines value in real estate, and St. George offers remarkable neighborhood diversity.” – Local Real Estate Expert
Emerging Neighborhood Opportunities
Investors and buyers can find great chances in new areas like:
- Santa Clara Homesteads: Offers affordable prices with big growth chances
- Washington Fields: Sees a fast-growing population and rising housing needs
- Green Valley: A family-friendly area with great schools
The current St. George housing market shows a median house price of $338,752. This is much higher than the national median of $318,879. It shows the area’s strong real estate investment scene.
Buyer Demographics and Preferences
St. George’s housing market is full of interesting facts. It draws a wide range of buyers. These trends shape the market for homes in St. George.
Recent studies show what buyers are like:
- Most buyers are between 35 and 54 years old and work as professionals.
- Households earn between $65,000 and $85,000 on average.
- Many remote workers are moving here for a better work-life balance.
Buyer preferences in the St. George housing market are changing fast. Buyers now look for homes with certain features. These features meet their new lifestyle needs:
- They want homes with offices or flexible workspaces.
- Energy-saving homes are also popular.
- Outdoor areas are a must.
- Smart home technology is a big plus.
“The St. George housing market is changing because of what buyers want,” says local real estate expert Michael Rodriguez.
The area’s population is growing fast. It’s estimated to grow by 4.4% each year. About 3,300 people move here every year. This makes St. George a great place for many to live.
Knowing about these changes helps both buyers and sellers. It makes it easier to move in the competitive real estate world.
Price Range Distribution Analysis
The St. George Housing Inventory Analysis shows a lively mix of property prices in Utah’s real estate. It’s key for buyers and investors to understand this. It helps them find the best deals in this exciting area.
Entry-Level Market Segment
St. George’s entry-level homes are perfect for first-time buyers. Prices range from $250,000 to $350,000. This market is known for:
- Median price around $285,000
- Mostly 2-3 bedroom homes
- Found in growing suburban areas
- About 30% of homes available
“The entry-level market is a key entry point for new homeowners in St. George’s lively real estate scene.” – Utah Housing Experts
Luxury Home Inventory Status
Luxury homes in St. George offer a wide range of choices. Homes priced over $750,000 are growing in popularity. Here are some trends:
- More interest in homes over $1 million
- More homes in top neighborhoods
- Diverse architectural styles in luxury homes
Investors and luxury buyers will find great chances in St. George’s changing Utah real estate market.
Seasonal Market Fluctuations
The Southern Utah real estate market has its own seasonal patterns. These patterns greatly affect St. George’s housing market trends. Knowing these changes can help buyers and sellers make better decisions all year.
Summer months bring big changes to St. George’s real estate scene. In August 2024, the market showed some interesting things:
- Total single family homes sold: 400 (4.3% decrease from previous year)
- New listings: 688 (5% increase compared to previous August)
- Average days on market: 65 days
- List price to sale price ratio: 95.4%
“Seasonal variations can dramatically influence real estate strategies in Southern Utah’s dynamic market.” – Local Real Estate Expert
Seasonal observations give important insights for buyers and sellers:
| Season | Market Activity | Pricing Trends |
|---|---|---|
| Summer | Peak Listing Period | Slightly Softer Prices |
| Winter | Reduced Inventory | More Stable Pricing |
| Spring | Increasing Buyer Interest | Gradual Price Appreciation |
Investors and homebuyers should know the St. George housing market trends are strong. Despite seasonal ups and downs, the market keeps growing. Year-to-date, single family home sales have gone up 8.5% to 3,406 units.
Strategic timing is key in the Southern Utah real estate market’s seasonal changes.
Investment Property Opportunities
St. George’s real estate market is full of chances for smart investors. It has a lively balance of housing supply and demand. This balance opens up many paths for property investments.
Investors can make good money by picking the right properties. The St. George housing market is strong. It’s great for making money from short-term rentals and seeing property values rise over time.
Rental Market Market Data
Recent data shows good signs for rental property investments in St. George:
- Total active listings: 1,706 properties
- Median list price: $568,987
- Average days on market: 63 days
- Sellers receiving 96.5% of original list price
Return on Investment Projections
| Property Type | Median Price | Potential Annual Rental Yield |
|---|---|---|
| 3-Bedroom Home | $469,900 | 5.2% – 6.5% |
| 4-Bedroom Home | $649,900 | 4.8% – 6.0% |
| Multi-Unit Property | $750,000 | 6.5% – 7.5% |
“St. George represents a strategic market for real estate investors seeking sustainable growth and attractive returns.” – Local Real Estate Analyst
When investing, think about the property’s location, how much it might appreciate, and local rental demand. These factors are key in St. George’s neighborhoods.
Market Forecasts and Predictions
The St. George housing market is set for a subtle change in 2025-2026. We see small but important shifts in how many homes are for sale and their prices. Our analysis shows a mix of real estate chances.
- Median list price expected to stabilize around $568,987
- Home value changes predicted to be modest
- Projected market transitions towards balance
Here are the detailed market predictions:
| Time Period | Value Change |
|---|---|
| October 2024 | 0% change |
| December 2024 | -1% change |
| September 2025 | 0.5% increase |
“The St. George real estate market demonstrates resilience with calculated, incremental adjustments.” – Local Real Estate Experts
Inventory levels are expected to grow slowly. This could open up new chances for both buyers and sellers. The market is moving towards a balance, thanks to local economic factors and demand for homes.
- Number of homes for sale increasing
- Diverse inventory across bedroom configurations
- Potential for strategic property investments
Investors and homebuyers should get ready for a market with careful growth. There are strategic chances in the St. George area.
Oak Real Estate Services Overview
Oak Real Estate is a top choice for real estate services in Southern Utah. We help clients find the best St. George homes for sale. Our team offers personalized, expert advice.
Real estate can be tricky to navigate. We aim to make it easier for buyers and sellers in St. George.
Professional Home Staging Services
Our home staging makes properties stand out. We use design strategies to:
- Make properties look their best
- Show off their architectural features
- Create welcoming, neutral spaces
- Boost sale chances
“Staging isn’t just decoration—it’s a strategic marketing tool that connects emotionally with buyers.” – Oak Real Estate Team
New Construction Expertise
For new developments, our team offers full support. We help investors and buyers with:
- Finding the right site
- Talking to builders
- Watching over construction
- Evaluating the final property
We’re open Monday to Friday, 9:30am to 8:30pm. This ensures you get the support you need in St. George.
Local Real Estate Resources
Exploring the St. George housing market needs reliable resources. For those looking into Utah real estate, knowing local info channels is key. It can greatly improve your property investment strategy.
Important resources for St. George housing data include several key channels:
- Southern Utah Association of Realtors (SUAR)
- Washington County Assessor’s Office
- Utah Housing Corporation
- St. George Multiple Listing Service (MLS)
Professional contacts offer valuable insights into the local real estate scene:
“Knowledge is power in real estate investing” – Local Real Estate Expert
| Resource Type | Contact Information |
|---|---|
| SUAR Hotline | (435) 640-7297 |
| Utah Real Estate Information | (435) 879-9255 |
Knowing the local market is vital. The Utah real estate market shows great promise. With a median home value of $386,723 and a 1-year appreciation rate of 11.0%, it’s a good time to invest. St. George housing data analysis points to steady growth for investors and homebuyers.
- Research local market trends
- Connect with professional real estate networks
- Utilize official county and state resources
- Stay informed about market fluctuations
For deep insights, use these local resources. They help make smart choices in the lively St. George real estate market.
Conclusion
The St. George housing market is full of chances and smart choices for buyers and investors. With over 2,200 homes for sale in October 2024, it’s a great time to look. Home prices have gone up from $220,000 in 2012 to about $524,000 in 2024, showing big growth.
Oak Real Estate knows the St. George market well. It’s seen a drop in how fast homes sell and different prices. Homes are selling for what they ask, less, or more, equally. With interest rates around 6.5%, buyers can find good deals if they know what to look for.
Knowing when to buy is key in real estate. The market might calm down after the election and with changes in interest rates. For help navigating this complex market, call Oak Real Estate at (435) 640-7297 or (435) 879-9255.
To really get the St. George housing market, you need to know a lot, be patient, and have expert advice. Whether you’re buying your first home or investing, working with real estate pros can make a big difference.