Single-family Cedar City in September, year over year. The Iron County MLS, the honest read. This was the month the mix shifted, and the median felt it.
Every figure below is Cedar City single-family residential for September 2025, set against September 2024. Same month, one year apart.
Scope and source
Cedar City single-family residential. September 2025 compared to September 2024. Closed transactions only.
Based on information from the Iron County Board of REALTORS® Multiple Listing Service for the period 9/1/2025 through 9/30/2025.
Median sale price
$415,100 -10% YoY
Down from $466,321 last September. The clearest signal that this month’s mix shifted toward the lower half of the price band.
Closed sales
65 +4%
Single-family homes closed in September, up modestly from 62 a year ago. Count held; mix did not.
Active inventory
348 +41% YoY
Homes available, up from 246 last September. The shelf stayed deep heading into the fall window.
Days on market
73 +5 days
Average days from list to under contract, up from 68 a year ago. Slightly more friction in the path to contract.
New listings
73 +23%
New single-family listings hit the market in September, up from 59 a year ago. Sellers kept arriving even as the season cooled.
Percent of list price
99% Flat
Sellers closed at about ninety-nine percent of list, identical to last September. Across all residential, the average home traded roughly four thousand under list.
Average sale price
$463,089 -10% YoY
Down from $515,356 last September. Average and median moved together, which is the clean fingerprint of a softer mix that actually sold.
Under contract
51 +8%
Single-family homes that went under contract during the month, up from 47. The pipeline carried into October even with the cooler median.
Sold dollar volume
$30.1M -5%
Total single-family dollar volume closed in September, down from $32.0M. Slightly more sales at lower prices netted lower.
The full picture
Every metric, September 2025 vs September 2024
Metric
September 2024
September 2025
Change
Median sale price
$466,321
$415,100
down 10%
Average sale price
$515,356
$463,089
down 10%
Closed sales
62
65
up 4%
Sold dollar volume
$32.0M
$30.1M
down 5%
Active inventory
246
348
up 41%
New listings
59
73
up 23%
Under contract
47
51
up 8%
Days on market (sold)
68
73
up 5 days
Days to close
109
111
up 1%
Avg days active listings sit
166
170
up 2%
Percent of list price
99%
99%
flat
The picture
Cedar City, at a glance
Median sale price trend
Median single-family sale price by month. Each line is a year; the current year is highlighted in sky blue. Watch how prices move with the seasons and where this year sits against prior years.
Median price, year over year
September 2025 against September 2024, single-family median sale price.
Market at a glance
Same count of homes sold. Different homes sold.
September’s headline is the median, which came in ten percent below last September. The sales count was almost identical, but the homes that closed this month skewed lower in the price band, and the average sale price moved with the median by the same magnitude. When average and median both pull in the same direction, that is the cleanest tell that the mix actually shifted.
It is not a market in retreat. The shelf is deep, the percent-of-list is steady, and the pipeline pulled ahead of last year. What changed was which homes happened to find their buyer this month, and that can swing on a single high-end closing slipping into October. For the short read on where your home fits, my what is my home worth in Cedar City page is the fastest start.
What changed since last year
Mix moved. Underlying pace did not.
The numbers worth pairing: median down ten percent and sales count up four. If demand had genuinely weakened, sales would have fallen with the median. They did not. The mix this month was simply softer. That happens in a single month and it should not be read as a trend reversal.
The supporting reads back this up. Percent-of-list at ninety-nine matched last September. The active-days-sit line stayed close to flat. Buyers paid asking on what they liked; the median got swept by which homes happened to land in the closing column.
If you are selling
The market is fine. The wrong launch number is not.
September’s median is not a reason to panic-price your home. It is a reason to be careful about the comp set you anchor on. With this much volatility in monthly mix, the only honest comps are the homes most similar to yours that have closed in the last sixty days. Anything else is averaging across mixes that do not match yours.
If you were watching the market, September read soft on the median. The trap is interpreting that as universally lower prices. The lower-tier of the price band may have moved on closer to last year’s level for those specific homes. The upper tier did not show up much in this month’s closings, but the homes that are listed there have not had their prices revised.
Different pockets respond differently to a mix-driven month. A home in Mesa Hills behaves differently than something in Bridle Path. The full lay is on my Cedar City neighborhoods guide.
The season
Fall takes the temperature down.
Cedar City’s fall transition usually starts in September. Out-of-state buyer flow eases, families finish their summer moves, and the market shifts toward more local, more deliberate decisions. This year’s fall transition arrived on schedule, but with a much deeper shelf than the average September has carried.
In the news this month
The Fed cut rates for the first time this cycle.
On September 17, the Federal Reserve cut the federal funds target range by twenty-five basis points, the first cut after holding rates steady through the year’s prior meetings. Mortgage rates do not move in lockstep with the Fed, but a sustained easing cycle does tend to nudge them lower over time. Watch what happens to mortgage rate quotes through October before drawing conclusions about how much the housing market actually feels this.
Looking ahead
Watching whether buyer flow ticks up.
The Fed cut on the seventeenth has time-lag effects. Mortgage rate quotes in late September and into October will tell us whether buyers feel any real change in carrying costs. If they do, the under-contract pipeline could expand in October. If not, the existing read holds.
The median is the weather. Your home is the day you actually have planned. A real valuation is the next step.
What is your Cedar City home worth heading into fall?
The data above is the market. Your home is specific. Start with a free valuation and get an honest pricing band for your exact home in your exact Cedar City pocket. No pressure, no signup wall, no marketing list.