in Parowan, UT • 2026 Buying Guide
Best Month
December
$241K
Avoid
October
$286K
Potential Savings
$45K
15.7% difference
Market Type
Balanced
6.0 mo. supply
Present investment properties with numbers: current rent roll, expense history, cap rate, and potential upside. Investors care about cash flow and appreciation potential, not emotional appeal.
Median Sale Price
$295K
N/A YoY
Days on Market
115
median days
Inventory
24
active listings
Sale-to-List Ratio
—
room to negotiate
Jan
$270K
Feb
$271K
Mar
$220K
Apr
$220K
May
$230K
Jun
$230K
Jul
$218K
Aug
$229K
Sep
$272K
Oct
$286K
PeakNov
$254K
Dec
$241K
BestBased on historical sales data in Parowan
Investment property timing is about numbers, not emotions. Off-season purchases (fall/winter) often yield better cap rates because you're competing against fewer primary residence buyers. However, also consider tenant move-in timing - summer moves are easier for families.
Pro Tip: With Parowan's median price at $295K, a 20% down payment would be approximately $59K. Get pre-approved early to know exactly what you can afford.
Based on our analysis of Parowan's housing market, December is typically the best time to buy a investment property. During this month, prices average around $241K, which is 15.7% lower than peak prices in October. Investment property timing is about numbers, not emotions. Off-season purchases (fall/winter) often yield better cap rates because you're competing against fewer primary residence buyers. However, also consider tenant move-in timing - summer moves are easier for families.
The current median home price in Parowan is $295K. Investment Property prices vary based on location, size, and condition. Year-over-year, prices have changed N/A. Investment property returns come from both cash flow and appreciation. In high-growth markets, prioritize appreciation; in stable markets, focus on cash flow. The best investments often offer both.
Parowan has a balanced market. This means you have reasonable options without extreme competition. Take time to find the right investment property but be prepared to move when you find it.
Key considerations for buying a investment property in Parowan include: Calculate cap rate, cash-on-cash return, and cash flow; Factor in realistic vacancy rates (typically 5-8%); Budget for property management (10% of rent) even if self-managing. Also watch for red flags like Seller won't provide actual expense records and Deferred maintenance that will need immediate attention.
Homes in Parowan currently spend an average of 115 days on market. This suggests a slower market where you have more time to negotiate.
Investment properties require 15-25% down typically Interest rates are 0.5-1% higher than primary residence With Parowan's median price of $295K, you'll want to get pre-approved early to understand your budget.
Looking for the best time to buy a investment property in Parowan? Our analysis shows that December typically offers the best prices, with homes averaging around $241K. Buying during this time could save you up to $45K compared to peak months like October.
With a median price of $295K and homes spending an average of 115 days on market, Parowan is currently a balanced market. There's currently 6.0 months of inventory available.
Investment property returns come from both cash flow and appreciation. In high-growth markets, prioritize appreciation; in stable markets, focus on cash flow. The best investments often offer both.
Working with a local real estate agent who knows Parowan can help you understand neighborhood dynamics, identify the best opportunities, and negotiate effectively in this market.
Connect with local agents who specialize in investment properties.