If you own a home in Eagle Mountain or are thinking about buying here, September's numbers tell a pretty interesting story.
93 homes closed in Eagle Mountain during September 2026, according to MLS data. Single family homes had a median sold price of $535,000, while townhomes came in at $387,000.
But those aren't actually the numbers I find most interesting this month.
More than 77% of September closings included seller concessions, totaling more than $862,000. And about 71% of homes sold for less than their original asking price.
Add in the fact that mortgage rates have now climbed above 7%, and you start to get a much better picture of what the Eagle Mountain housing market actually looks like right now.
Prices aren't collapsing. But buyers definitely have negotiating power.
Eagle Mountain September 2026 Housing Market at a Glance
- 93 total residential closings
- 73 single family homes sold, $535,000 median sold price
- 17 townhomes sold, $387,000 median sold price
- 3 condos sold, $269,900 median sold price
- 46.5 days median market time overall
- $862,742 in reported seller concessions
- 77% of closings included a concession
- 71% sold below their original asking price
- 52% of September closings were homes built in 2025 or 2026
That last number is especially important in Eagle Mountain. More than half of the homes that closed in September were built within the last two years. New construction isn't a small piece of the Eagle Mountain market. It is helping shape the market.
By Property Type
| Property Type | Sales | Median Price | Median $/SF | Median DOM |
|---|---|---|---|---|
| Single family | 73 | $535,000 | $163 | 48 days |
| Townhome | 17 | $387,000 | $182 | 40 days |
| Condo | 3 | $269,900 | $221 | 64 days |
Single Family Home Sales in Eagle Mountain
There were 73 single family homes sold in Eagle Mountain during September. The median sold price was $535,000. The median price per square foot was approximately $163, and median days on market was 48 days.
Of those 73 single family sales, 56 included seller concessions. That means approximately 77% of single family buyers received some type of reported concession from the seller or builder. And 54 of the 73 single family homes sold below their original list price. That's about 74%.
This is why I don't think looking at median home prices alone gives you a very good picture of the Eagle Mountain real estate market right now. A home can sell for $535,000 and still include $10,000, $15,000, or more toward the buyer's closing costs or financing. Those details matter.
Eagle Mountain Townhome Sales
There were 17 townhomes sold during September, with a median sold price of $387,000. Median days on market was 40 days, and the median price per square foot was approximately $182.
Fourteen of the 17 townhome sales included seller concessions. That is more than 82% of townhome closings.
For buyers looking for a lower price point in Eagle Mountain, townhomes continue to be an important part of the market. But I would still look beyond the purchase price when comparing them. HOA fees, amenities, location, financing, builder incentives, square footage, parking, and future plans can all make a difference.
What About Condos?
There were only 3 condo sales recorded in September, with a median sold price of approximately $269,900.
With only three sales, I would be careful about drawing any major conclusions from that median. A sample that small can move dramatically depending on which specific properties happen to close during the month.
Buyers Received More Than $862,000 in Concessions in September
This may be the most important number in the entire report.
Of the 93 Eagle Mountain homes that closed in September, 72 included a reported seller concession. That's approximately 77% of all closings. The total reported concessions were $862,742. Among transactions that received a concession, the median was approximately $11,127.
Those concessions can potentially be used toward things like buyer closing costs or mortgage rate buydowns depending on the loan and transaction. This is also one reason simply looking at the recorded sold price doesn't tell you everything about a transaction. A $535,000 sale with a $15,000 seller contribution is different from a $535,000 sale where the buyer received nothing.
And in Eagle Mountain, that distinction is especially important because buyers aren't just negotiating with traditional homeowners. They are also competing with builders.
More Than Half of September Sales Were Newer Homes
48 of the 93 homes that closed in September were built in 2025 or 2026. That's approximately 52% of all September closings. Among single family homes specifically, 41 of the 73 closings were built in 2025 or 2026.
That has a major effect on the Eagle Mountain housing market. Builders can offer incentives that a traditional homeowner may not initially think about when deciding how to price their home. Depending on the builder, property, financing and current promotion, those incentives can include money toward closing costs, mortgage rate buydowns, upgrades or price reductions.
So if you are selling a resale home in Eagle Mountain, your competition isn't necessarily just the house for sale down the street. You need to know what a buyer could get from a builder too. I broke that down in my guide on new construction vs. an existing home.
Mortgage Rates Have Gone Up
And yes, we need to talk about rates.
The average 30 year fixed mortgage rate increased throughout September. Freddie Mac reported:
- September 3: 6.71%
- September 10: 6.76%
- September 17: 6.95%
- September 24: 7.03%
Then on October 1, the average jumped to 7.28%. That 7.28% average is the highest since late 2023.
That matters. Higher rates make monthly payments more expensive and can reduce how much home a buyer qualifies to purchase. But there is another side to higher rates that buyers should understand.
Higher Rates Can Mean Less Competition
When mortgage rates climb, some buyers decide to wait. That can mean fewer people competing for the same house.
And we can see signs of buyer negotiating power in the Eagle Mountain numbers. 77% of September closings included concessions. 71% sold below their original asking price. More than $862,000 in concessions were reported in a single month.
That doesn't erase the impact of a higher mortgage payment. But it does mean buyers should look at more than the advertised interest rate when deciding whether buying makes sense.
The question isn't simply: what is the rate? It is also:
- What can I negotiate on the home?
- Will the seller contribute toward my closing costs?
- Can we negotiate money toward a rate buydown?
- Is the builder offering financing incentives?
- How much competition do I have for this particular property?
- What would my actual monthly payment be after considering all of those pieces?
Those are much more useful questions.
What If Rates Come Down Later?
Today's mortgage rate doesn't necessarily have to be the rate someone keeps for the entire life of their loan. If mortgage rates eventually fall enough and the homeowner qualifies, refinancing may be an option.
But I would never buy a home based on the assumption that rates are guaranteed to fall. They aren't. Nobody knows exactly where mortgage rates will be next year. The purchase should make sense based on the buyer's finances and today's numbers. A future refinance should be viewed as a potential opportunity, not something a buyer needs in order for the purchase to work.
Eagle Mountain Neighborhood Sales
Eagle Mountain is a little tricky to analyze by neighborhood because the MLS doesn't always use one consistent subdivision name for an entire community. For example, different phases or sections of the same larger development can appear under separate subdivision names.
So I don't want to blindly publish every MLS subdivision label as though it represents a completely separate neighborhood. That can give homeowners a misleading picture of their community.
Some of the most active subdivision names appearing in September's MLS data included Parkway Fields, SilverLake, Eagle Point, Harmony, Firefly, Brylee Farms, Sunset Flats, Hidden Canyon, Hidden Hollow and Oquirrh Mountain Ranch.
I am grouping related phases together when appropriate before using neighborhood level numbers. That is particularly important in Eagle Mountain, where so much development is still happening. If you want the numbers for your specific community, I can pull those directly from the MLS and prepare a private comparative market analysis.
What This Means If You're Buying in Eagle Mountain
If you are a buyer, I wouldn't ignore today's mortgage rates. At 7.28%, rates are significantly affecting affordability. But I also wouldn't assume that a higher rate automatically means this is a terrible time to buy.
There are tradeoffs. When rates are lower, more buyers can enter the market and competition can increase. Right now, September's Eagle Mountain data shows buyers successfully negotiating concessions in more than three quarters of closed transactions.
So instead of only asking what rate you can get, look at the entire deal. Sometimes negotiating a seller contribution toward financing or closing costs can make a bigger difference to your immediate finances than simply negotiating a small reduction in the purchase price. Your lender can run the actual numbers so you can compare those options.
What This Means If You're Selling in Eagle Mountain
For sellers, I think September's numbers send an equally clear message.
Homes are selling. 93 of them closed in September alone. But buyers have options. And in Eagle Mountain, many of those options are brand new homes. More than half of September closings were properties built in 2025 or 2026.
That means pricing a resale home based solely on what your neighbor sold for six months ago isn't enough. You need to know:
- What similar resale homes are listed for now
- What has actually closed recently
- How long those homes took to sell
- Whether sellers are paying concessions
- What builders are offering nearby
- And how your particular home compares in lot, square footage, basement finish, garage, upgrades, condition and location
The best pricing strategy isn't necessarily being the cheapest house. It is understanding what buyers are comparing your home against and positioning it accordingly.
Are Eagle Mountain Home Prices Falling?
Not necessarily. The September median sold price for a single family home was $535,000. But one month's median doesn't tell us that every Eagle Mountain home's value increased or decreased.
The median changes depending on the mix of homes that happen to sell. That is particularly important in Eagle Mountain because new construction makes up such a large percentage of monthly closings. A month with more entry level builder homes closing can pull the median down. A month with more larger single family homes closing can push it up.
That is why I prefer looking at several indicators together rather than making conclusions from one median price.
How Long Are Homes Taking to Sell in Eagle Mountain?
The overall median for September was approximately 46.5 days on market. Single family homes had a median of 48 days. Townhomes had a median of 40 days.
But there is an important caveat. New construction can make days on market look worse than it really is. A builder may enter a property into the MLS while the home is still being constructed. The listing can accumulate market time during construction even though the home wasn't sitting finished and unwanted for that entire period.
With more than half of September closings involving homes built in 2025 or 2026, that matters when interpreting Eagle Mountain's days on market numbers.
Frequently Asked Questions
What was the median home price in Eagle Mountain in September 2026?
The median single family sold price was $535,000. Townhomes had a median of $387,000, and condos a median of approximately $269,900. The overall picture is best understood alongside days on market, concessions, and new construction share rather than price alone.
Are Eagle Mountain home prices falling?
Not necessarily. One month's median changes depending on the mix of homes that sell, and Eagle Mountain has a high share of new construction. A month with more entry-level builder homes closing can pull the median down, while more large homes can push it up. Prices look resilient while buyers negotiate heavily on terms.
How many homes sold in Eagle Mountain in September 2026?
93 residential closings were reported in the MLS, including 73 single family homes, 17 townhomes, and 3 condos.
Are sellers paying buyer closing costs in Eagle Mountain?
Very often. About 77% of September closings included a reported seller concession, totaling $862,742, with a median concession around $11,127. These can go toward closing costs or a mortgage rate buydown depending on the loan and transaction.
How long are homes taking to sell in Eagle Mountain?
The overall median was about 46.5 days in September, with single family homes at 48 days and townhomes at 40. New construction can stretch these numbers, since builders often list homes while they are still being built.
Are mortgage rates really above 7%?
As of October 1, 2026, Freddie Mac reported the average 30 year fixed mortgage rate at 7.28%, the highest since late 2023. Individual rates vary based on the borrower, loan type, credit, down payment, lender, points, and other factors.
How much is my Eagle Mountain home worth?
The $535,000 single family median is useful for understanding the market, but it isn't a home valuation. Lot size, neighborhood, builder, age, square footage, basement finish, bedrooms, garage, upgrades, views, solar, ADUs, and proximity to new construction all affect value. A comparative market analysis on your specific home is the real answer.
Related Reading
- Eagle Mountain Home Sales: August 2026 Market Report
- New Construction vs. an Existing Home in Utah County
- Is Buying a Home the Right Move in 2026? A Utah County Buyer's Guide
- Eagle Mountain Property Tax Increase 2026: What the 220% Actually Means
About the September 2026 Eagle Mountain Data
This report is based on 93 residential sales reported through the MLS with sold dates from September 1 through September 30, 2026, in Eagle Mountain, Utah. The data includes 73 single family homes, 17 townhomes, and 3 condominiums.
Utah is a non disclosure state, meaning individual real estate sold prices aren't generally available through public property records the way they are in many other states. As a real estate broker, I have access to closed transaction information reported through the MLS, and I use that data to calculate aggregated statistics such as median sold price, days on market, price per square foot, and seller concessions. I intentionally focus on aggregated market and neighborhood information rather than publishing identifiable individual sales.
Seller concessions reflect amounts reported in the MLS and may not capture every financial detail of a transaction. Newer construction refers to homes with a reported year built of 2025 or 2026. Days on market comes from MLS listing data and can be affected by new construction listings that are marketed while homes are still being built.
Mortgage rate information comes from Freddie Mac's Primary Mortgage Market Survey. The 7.28% figure for October 1 reflects a national survey of conventional conforming purchase loans and is not a quote of what every individual borrower will receive.
A comparative market analysis is not an appraisal and should not be used as one. A formal appraisal can only be performed by a licensed appraiser.
Source: UtahRealEstate.com MLS data, Eagle Mountain residential closings, September 1 through September 30, 2026.