Is now a good time to buy land in Spanish Fork, Utah?
Spanish Fork, Utah is currently a strong buyer's market with 28.5 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
28.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 2 | 9 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | 1 | 2 | 3 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 4 | 12 |
Spanish Fork, Utah is currently a strong buyer's market with 28.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Spanish Fork, Utah currently has 28.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Over the past 12 months, Spanish Fork, Utah saw 12 properties sold. In just the last 3 months, 2 properties changed hands.
There are currently 19 active listings in Spanish Fork, Utah. 7 new listings have hit the market in the last 90 days. The median asking price is $429K.
Land in Spanish Fork, Utah typically sells within 116 days of listing. The median time on market is 118 days. Properties are moving at a moderate pace in the current strong buyer's market.
The current absorption rate in Spanish Fork, Utah is 3.5% (3-month basis), indicating slow demand. The top-performing broker in this market is Real Broker, LLC.
The 3-month absorption rate in Spanish Fork, Utah is 3.5%. The 12-month rate is 5.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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