Photo: Rolf Müller (User:Rolfmueller) · CC BY-SA 3.0102 homes sold in Nephi in the last year, at a typical $444K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Nephi homes are listed.
Every place Nephi homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Nephi.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 87% of Nephi’s sales, at a typical $467K
102 homes sold in the year to May 2026.
typical sale · 89 sold in 12 months
- Per square foot
- $189UT $247
- Days to sell
- 58
- Sold over asking
- 24%
- Listings with a price cut
- 32%
Multi-family (2–4 units): 2 sold, typical $591K
Townhouses: 10 sold, typical $394K
Condos: 1 sold, typical $249K
Too few sales in 12 months for reliable figures.
More homes sell than most years, at 2.3 times the 2016 price
102 sales in the last year, against 109 in 2021 and a low of 38 in 2013. The typical sale went from $191K in 2016 to $444K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $450K buys in Nephi
Check a listing against what Nephi homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Nephi are back to pre-pandemic levels, and more homes are for sale
We read every month of Nephi’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 102 sales.
If you’re buying in Nephi
- Shop in June. It brings about 11 new listings a month, close to the busiest month, with fewer bidding wars (26% over asking).
- You can negotiate. 33% of listings have cut their price, against 25% before the pandemic.
- Bid near asking. Buyers paid 99.6% of the list price on average; 25% paid over.
- You’ll usually have time. Only 21% of homes go under contract within two weeks; the typical one takes 67 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 12 a month), but April is the most competitive: 37% of April sales close over asking. January has the least competition (17%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Utah as a whole
| Nephi now | 2017–19 | 2021 peak | UT now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 25% | 24% | 57% | 21% |
| Gone within two weeksShare of homes under contract within 14 days | 21% | 29% | 57% | 27% |
| Listings with a price cutShare of homes for sale that cut their price | 33% | 25% | 18% | 29% |
| Price paid vs. askingAverage sale price ÷ list price | 99.6% | 98.2% | 101.6% | 98.6% |
| Days to sellMedian days from listing to contract | 67 | 47 | 18 | 54 |
36 homes for sale on a typical day
That’s 2.4 times the 2021 low (15) and 117% more than in 2017–19.
1 in 3 listings has cut its price
33% in the last year, against 25% in 2017–19 and 29% across Utah. More sellers are pricing high and coming down.
Nephi ranks 28th of 94 busy Utah markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Nephi is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Nephi home costs about $2,490 a month
Price: Nephi’s typical sale, last 12 months. Property tax at Nephi’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Nephi is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 5.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $444K home, about $2,090 a year.
Taxes vs. neighborsSchools
The schools grade for Nephi, from test results, graduation and how much students grow.
Schools in NephiCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Woodland Hills for far more
The busier markets within 25 miles of Nephi, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Santaquin | 280 | $477K | $188 | 24% | 53 |
| Payson | 256 | $462K | $207 | 27% | 55 |
| Nephi | 102 | $444K | $186 | 25% | 67 |
| Elk Ridge | 64 | $718K | $193 | 17% | 103 |
| Woodland Hills | 23 | $1.1M | $244 | 9% | 100 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Nephi, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Nephi. People who follow the town see it, and so do people comparing Nephi with their own town. No commission, no listing fee.
Questions about buying a home in Nephi
What do homes sell for in Nephi, UT?
102 homes sold in the year to May 2026 at a typical $444K, $186 a square foot.
Is Nephi a buyer’s or seller’s market?
A seller’s market: 26 homes were for sale in May 2026 and 14 sold, about 1.9 months of supply. Buyers paid 99.6% of asking on average, and 33% of listings cut their price.
When is the best time to buy in Nephi?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Nephi?
About 0.5% of a home’s value a year. On a $444K home that’s near $2,090.
Where can I see homes for sale in Nephi?
Zillow, Redfin, Realtor.com and Homes.com all carry Nephi’s MLS listings; the search links above open each one filtered to Nephi.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).