in Silver Summit, UT • 2026 Buying Guide
Best Month
January
$1.35M
Avoid
November
$3.64M
Potential Savings
$2.29M
62.9% difference
Market Type
Buyer's
7.0 mo. supply
In a buyer's market, you can be selective about end units vs. interior units, orientation, and neighborhood within the development. Request seller concessions and negotiate on any needed repairs.
Median Sale Price
$5.25M
N/A YoY
Days on Market
163
median days
Inventory
14
active listings
Sale-to-List Ratio
92.7%
room to negotiate
Jan
$1.35M
BestFeb
$2.30M
Mar
$2.25M
Apr
$2.67M
May
$2.09M
Jun
$2.67M
Jul
$2.49M
Aug
$2.82M
Sep
$3.34M
Oct
$2.53M
Nov
$3.64M
PeakDec
$2.31M
Based on historical sales data in Silver Summit
Townhouses attract first-time buyers and downsizers, making timing more predictable. Winter offers the best deals as families are less active, but early spring (before the rush) can offer good inventory before competition heats up.
Pro Tip: With Silver Summit's median price at $5.25M, a 20% down payment would be approximately $1.05M. Get pre-approved early to know exactly what you can afford.
Based on our analysis of Silver Summit's housing market, January is typically the best time to buy a townhouse. During this month, prices average around $1.35M, which is 62.9% lower than peak prices in November. Townhouses attract first-time buyers and downsizers, making timing more predictable. Winter offers the best deals as families are less active, but early spring (before the rush) can offer good inventory before competition heats up.
The current median home price in Silver Summit is $5.25M. Townhouse prices vary based on location, size, and condition. Year-over-year, prices have changed N/A. Townhouses often appreciate similarly to single-family homes in the same area while requiring less maintenance. End units and those with garages typically appreciate faster.
Yes, Silver Summit is currently a buyer's market with 7.0 months of inventory. In a buyer's market, you can be selective about end units vs. interior units, orientation, and neighborhood within the development. Request seller concessions and negotiate on any needed repairs.
Key considerations for buying a townhouse in Silver Summit include: End unit vs. interior - affects noise, natural light, and resale value; Understand exactly what the HOA maintains (often exterior only); Check shared wall sound insulation quality. Also watch for red flags like Shared driveways or parking issues and Evidence of water intrusion on shared walls.
Homes in Silver Summit currently spend an average of 163 days on market. This suggests a slower market where you have more time to negotiate.
Most townhouses qualify for conventional, FHA, and VA loans Some lenders classify townhouses as condos - verify with your lender With Silver Summit's median price of $5.25M, you'll want to get pre-approved early to understand your budget.
Looking for the best time to buy a townhouse in Silver Summit? Our analysis shows that January typically offers the best prices, with homes averaging around $1.35M. Buying during this time could save you up to $2.29M compared to peak months like November.
With a median price of $5.25M and homes spending an average of 163 days on market, Silver Summit is currently a buyer's market. There's currently 7.0 months of inventory available.
Townhouses often appreciate similarly to single-family homes in the same area while requiring less maintenance. End units and those with garages typically appreciate faster.
Working with a local real estate agent who knows Silver Summit can help you understand neighborhood dynamics, identify the best opportunities, and negotiate effectively in this market.
Connect with local agents who specialize in townhouses.