Taylorsville enters August with some clear signs of transition. Prices are holding steady, inventory has climbed, and homes are taking longer to sell. Buyers are gaining breathing room, while sellers still benefit from solid values — but success now depends on smart pricing and strategy.
Prices: Holding the Line
In July, the median sales price in Taylorsville was $487,500, almost unchanged from last year’s $485,000. That modest 0.5 percent increase shows the market has stabilized after several years of sharp appreciation. Buyers benefit from steady affordability, while sellers can still count on strong home values.
Inventory: More Homes on the Market
Taylorsville ended July with 110 active listings, up 42.9 percent compared to the year before. This boost in supply is giving buyers more options and reducing the frenzied pace of previous summers. For sellers, however, it means more competition and the need for homes to stand out in terms of condition and presentation.
Days on Market: A Slower Pace
Homes in Taylorsville averaged 47 days on the market in July, compared to just 31 days last year. That’s a 51.6 percent jump, highlighting how buyers are moving more carefully. Sellers should anticipate longer timelines and avoid expecting quick offers unless their home is priced right and shows well.
Buyer’s or Seller’s Market?
With 2.5 months of supply, Taylorsville is edging closer to a balanced market. Sellers still maintain an advantage, but the rising inventory and slower sales pace are shifting leverage toward buyers. Both sides must adjust expectations as the market levels out.
Interest Rates: Still a Key Player
Mortgage rates in the mid-6 percent range continue to weigh on affordability. While that keeps some buyers on the sidelines, those who are financially ready now have more negotiating power and choice than in previous years.
Neighborhood Spotlight
Taylorsville offers a mix of established communities and convenient central living. Vista Park and Bennion neighborhoods remain popular with families seeking schools and parks. Taylorsville Park areas attract buyers who value easy freeway access, while western Taylorsville continues to draw attention for its newer homes at approachable price points.
The Bottom Line
Taylorsville’s market is steadying. Prices are holding firm, inventory is rising, and homes are taking longer to sell. Buyers now have more leverage and options, while sellers can still succeed if they focus on competitive pricing and strong presentation. Success in today’s Taylorsville market comes down to strategy and patience.
