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PAROWAN, UT 84761

Real Estate Market Report  ·  Iron County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
38
⇧ 35.7% vs 28 last year
Pending
7
18% pending ratio
Median Price
$483,450
⇧ 16.4% vs $415,500 last year
Average Price
$537,469
⇩ 8% vs $584,245 last year
Days on Market
140
⇧ 59.1% vs 88 days last year

Market Context

Population: 3,069  ·  Density: 9.3/mi²  ·  Median household income: $48,599

Typical home value: $248,748  ·  Homeownership: 63.5%

Market Analysis

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

The PAROWAN, UT real estate market (84761) currently shows 38 active listings, with 7 pending sales. Homes are averaging 140 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 140 days on market compared to 88 days last year.

The median listing price has risen 16.4% year-over-year, from $415,500 to $483,450.

Whether you are buying or selling in PAROWAN, UT, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 38 this year vs 28 last year
  • Days on market: 140 now vs 88 last year

Median & Average Pricing

Year over Year
  • Median: $483,450 (+16.4% YoY)
  • Average: $537,469 (-8% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 45.0 miles — 409 listings ($224,361,328 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
84761Parowan, UT 847610.0 mi38$20,423,822$483,450$537,469
84760Paragonah, UT 8476013.0 mi4$2,154,400$480,000$538,600
84721Cedar City, UT 8472115.2 mi265$126,411,890$414,999$477,026
84735Hatch, UT 8473526.9 mi14$16,503,088$655,750$1,178,792
84759Panguitch, UT 8475927.1 mi18$11,016,792$542,450$612,044
84752Minersville, UT 8475227.9 mi2$1,125,000$562,500$562,500
84710Alton, UT 8471032.6 mi3$1,320,000$325,000$440,000
84729Glendale, UT 8472936.5 mi3$3,864,000$1,288,000$1,288,000
84713Beaver, UT 8471337.8 mi38$16,678,010$358,200$438,895
84723Circleville, UT 8472340.6 mi2$604,000$302,000$302,000
84751Milford, UT 8475142.6 mi5$1,754,900$249,900$350,980
84781Pine Valley, UT 8478144.6 mi6$3,416,400$589,000$569,400
84767Springdale, UT 8476745.0 mi11$19,089,026$1,345,007$1,735,366

Frequently Asked Questions

How many homes are for sale in PAROWAN, UT 84761?

As of January 2026, there are 38 active listings in PAROWAN, UT (zip code 84761), compared to 28 the prior year.

What is the median home price in PAROWAN, UT 84761?

The median listing price in PAROWAN, UT 84761 is $483,450 as of January 2026, a 16.4% increase from $415,500 the prior year.

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

Homes in PAROWAN, UT 84761 spend an average of 140 days on the market before going under contract, compared to 88 days the prior year.

Is it a seller's or buyer's market in PAROWAN, UT 84761?

Based on current inventory and days-on-market data as of January 2026, PAROWAN, UT 84761 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 140 days on market compared to 88 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PAROWAN, UT 84761 save an estimated $9,669 compared to a typical 5% commission on the median listing price of $483,450. 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.