Markets/Utah/Cedar City

Cedar City, UT Real Estate Market 2026

Investor-grade market analytics for Cedar City, Utah. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$413,149

+2.5% year-over-year

Est. Rental Yield

4.3%

gross annual

12-Month Forecast

+2.5%

base case (Zillow ZHVF)

+2.5% year-over-year

Climate Risk

25/100

Low

Market Momentum

❄️
Cooling
7mo supply · Score -2/7

Net migration: Top 17% nationally

Income Migration

💰 Wealth Influx1.27x

In-migrants avg $60,933 AGI vs out-migrants $47,928

🏛️

Opportunity Zone Market

4 ZIP codes in Cedar City are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Cedar City Market Summary

Cedar City, UT shows steady growth at 2.5% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability pressure is significant: the price-to-income ratio of 6.31x well exceeds the national average of 4.8x. Modest net positive migration (+254 returns/year) provides steady demand support. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 4.31% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score53/100
Price-to-Income Ratio6.3x (national avg 4.8x)
Median Household Income$65,527

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+1.2%
Base Case+2.5%
Bull Case+3.7%

Climate & Natural Hazard Risk

Cedar City, UT's primary climate exposure is wildfire (70/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Cedar City dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.