St. George Home Prices This Month: September 2026

This is the monthly numbers post. It gets refreshed once the next month’s closings post to the MLS, so what follows is August 2026 across all of Washington County, from the Washington County MLS summary pulled at the start of September. One caution before the numbers: city only figures from Zillow or Redfin will look different, sometimes by a lot, because they draw a smaller boundary and count a different set of homes. When two numbers disagree, ask which map each one is drawn on.

August at a glance

• Median sale price: $520,000. Down 2.7% from $534,250 in August 2025.
• Homes closed: 295. Against 359 a year earlier, a drop of almost 18%.
• Active listings at month end: 1,886. Up about 4% from 1,807.
• New listings: 577. Essentially even with last August’s 587.
• Months of supply: 5.2. Unchanged from a year ago.
• Median days to go under contract: 53. Up from 49.
• Median asking price of what’s listed: $602,308.

What fell, and what didn’t

The median slipped a little under 3%. The average fell harder, from $664,447 to $635,895, a drop of more than 4%. When the average moves faster than the median, the usual explanation is mix rather than direction: fewer expensive homes closed in August, which drags the average down without every house in the county losing value. That fits what agents were seeing over the summer, with the top of the market slow and the middle steady.

Zoom out and the year looks flat rather than down. Through August, 2,922 homes had closed in 2026 against 2,926 over the same stretch of 2025, and the year to date median is $527,900 against $525,000. So August was a slow month inside an ordinary year, not the start of a slide. September will tell us whether that holds.

Sellers are asking more than buyers are paying

The median home for sale at the end of August was listed at $602,308. The median home that actually sold went for $520,000. Part of that gap is mix again: what’s sitting on the market skews toward new construction, view lots, and larger homes, while what closes skews toward the middle. But part of it is sellers pricing to 2022 and waiting. The July report from the same MLS found that better than half of that month’s closings involved a price change before the sale, and the homes that did sell went for about 98.6% of their final asking price. Read those two facts together: buyers will pay close to list, but only once list is right, and a lot of sellers are finding that out three weeks in.

Rates aren’t helping. The average 30 year mortgage drifted from about 6.2% in February to near 6.9% by late summer, which takes real buying power off the table for anyone financing. That matters less here than in most markets, since roughly four in ten Washington County purchases are cash, but the financed buyer in the $400,000 to $600,000 range is the one who’s gone quiet.

What 5.2 months of supply means

Months of supply is how long it would take to sell everything currently listed at the current pace of sales. The rule of thumb agents use puts anything under three months in seller’s territory, four to six months as balanced, and six or more as a buyer’s market. Washington County has sat a little above five for a year now. That’s balanced, and it has been balanced long enough that neither side should expect leverage they don’t have. Well priced homes sell. Overpriced homes accumulate.

If you own a home here

Price to the last sixty days of closings in your subdivision, not to what a neighbor got two years ago and not to the asking prices around you, which are running eighty thousand dollars above what sells. Expect a little under two months to go under contract if the price is right, and expect a low offer or silence if it isn’t. A home that shows well and prices to the current market is still the one that gets the contract in this county. It just takes longer than it did.

Every figure above comes from the Washington County MLS summary for August 2026, county wide, all residential closings. The next update lands in early October once September’s closings are in.