Market Overview
Home Prices in Cedar City, UT
The median home value in Cedar City, UT is $407,453 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.3% compared to a year ago and up 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cedar City are priced1% below average. Cedar City is part of the Cedar City, UT metro area.
Over the past five years, Cedar City home values have risen by approximately23.1%, reflecting strong long-term appreciation in this market.
Price History
Cedar City Home Price Trend
City Comparison
Cedar City vs. National Median
At $407,453, homes in Cedar City cost 1% below the national median of $410,000. This makes Cedar City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cedar City?
20% Down Payment
$81,491
on $407,453
Monthly P&I
$2,125/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,699/mo
incl. taxes & insurance
Income Needed
$107,960
gross annual (30% rule)
10% Down Option
$40,745
+ PMI applies
Loan Amount (20% dn)
$325,962
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Cedar City, UT?
The median home value in Cedar City is $407,453 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.3% year-over-year.
How much have home prices changed in Cedar City?
Over the past year, home values in Cedar City have increased by 2.3%. Over five years, prices have risen approximately 23.1%.
How much do I need to earn to buy a home in Cedar City?
To comfortably afford the median home price of $407,453 with a 20% down payment ($81,491) at today's rates (6.8%), you'd need a gross annual income of approximately $107,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Cedar City compare to the national average home price?
The national median home value is approximately $410,000. At $407,453, homes in Cedar City are 1% below the national average.
What metro area is Cedar City part of?
Cedar City is part of the Cedar City, UT metropolitan area. Home prices and market conditions can vary across the broader metro region.