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NEPHI, UT 84648

Real Estate Market Report
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The NEPHI, UT real estate market (84648) currently shows 50 active listings, with 14 pending sales. Homes are averaging 91 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 91 days on market compared to 92 days last year.

The median listing price has risen 17% year-over-year, from $469,975 to $549,750.

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Market Context

Market Context

Population: 7,158  ·  Density: 16.5/mi²  ·  Median household income: $90,781

Typical home value: $340,808  ·  Homeownership: 73.1%

Market Overview

Active Listings
50
⇩ 12.3% vs 57 last year
Pending
14
28% pending ratio
Median Price
$549,750
⇧ 17% vs $469,975 last year
Average Price
$574,190
⇧ 16.7% vs $491,870 last year
Days on Market
91
⇩ 1.1% vs 92 days last year

Price Per Square Foot

Median $/sqft
$179
⇧ 2.9% vs $174/sqft last year
Median Home Size
3,136 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 50 this year vs 57 last year
  • Days on market: 91 now vs 92 last year

Median & Average Pricing

Year over Year
  • Median: $549,750 (+17% YoY)
  • Average: $574,190 (+16.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 38.7 miles — 850 listings ($610,417,285 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
84648Nephi, UT 846480.0 mi42$21,135,072$487,500$503,216
84632Fountain Green, UT 8463212.1 mi3$1,385,001$405,000$461,667
84646Moroni, UT 8464616.8 mi10$4,661,070$480,000$466,107
84667Wales, UT 8466717.9 mi1$360,000$360,000$360,000
84651Payson, UT 8465120.8 mi137$97,953,493$526,250$714,989
84629Fairview, UT 8462923.0 mi24$18,792,672$599,000$783,028
84647Mount Pleasant, UT 8464727.0 mi29$18,070,857$490,000$623,133
84627Ephraim, UT 8462727.5 mi25$12,356,450$442,250$494,258
84660Spanish Fork, UT 8466032.2 mi240$178,674,480$634,900$744,477
84664Mapleton, UT 8466434.1 mi255$197,142,540$461,900$773,108
84634Gunnison, UT 8463435.0 mi14$24,574,522$479,750$1,755,323
84642Manti, UT 8464236.3 mi24$14,077,896$522,250$586,579
84606Provo, UT 8460638.7 mi46$21,233,232$452,450$461,592

Frequently Asked Questions

How many homes are for sale in NEPHI, UT 84648?

As of September 2026, there are 50 active listings in NEPHI, UT (zip code 84648), compared to 57 the prior year.

What is the median home price in NEPHI, UT 84648?

The median listing price in NEPHI, UT 84648 is $549,750 as of September 2026, a 17% increase from $469,975 the prior year.

How long do homes stay on the market in NEPHI, UT?

Homes in NEPHI, UT 84648 spend an average of 91 days on the market before going under contract, compared to 92 days the prior year.

Is it a seller's or buyer's market in NEPHI, UT 84648?

Based on current inventory and days-on-market data as of September 2026, NEPHI, UT 84648 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 91 days on market compared to 92 days last year.

How much can I save on real estate commission in NEPHI, UT?

With SELL123.com's maximum 3% commission, sellers in NEPHI, UT 84648 save an estimated $10,995 compared to a typical 5% commission on the median listing price of $549,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.