Is now a good time to buy land in Parowan, Utah?
Parowan, Utah is currently a strong buyer's market with 14.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
14.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 2 | 5 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | 1 | 4 |
| 5-10 acres | 1 | 2 | 2 | 2 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 3 | 5 | 13 |
Parowan, Utah is currently a strong buyer's market with 14.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Parowan, Utah currently has 14.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The current absorption rate in Parowan, Utah is 7.1% (3-month basis), indicating slow demand. The top-performing broker in this market is ERA Realty Center.
There are currently 14 active listings in Parowan, Utah. 6 new listings have hit the market in the last 90 days. The median asking price is $227K.
Over the past 12 months, Parowan, Utah saw 14 properties sold. In just the last 3 months, 3 properties changed hands.
The 3-month absorption rate in Parowan, Utah is 7.1%. The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Parowan, Utah typically sells within 110 days of listing. The median time on market is 40 days. Properties are moving at a moderate pace in the current strong buyer's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.