Salt Lake City, UT Home Values & Market Trends
Real estate market trends reflect that there have been 5,399 transactions over the past year in Salt Lake City. The median value for residential home transactions that occurred over the previous year is $569,803.33. The number of current listings in Salt Lake City is 189, and the percentage of properties for sale in the city is 189.00%. Salt Lake City, UT currently has 34 properties in foreclosure, 3 bank owned properties, 24 properties headed for auction, and 189 properties for sale.
Salt Lake City, UT Real Estate Market Overview
Zip | Median Est. Value | Zip | Median Est. Value |
---|---|---|---|
84121 | $ 725,000 $ 485/sqft | 84118 | $ 432,972 $ 365/sqft |
84115 | $ 460,670 $ 473/sqft | 84101 | $ 736,168 $ 389/sqft |
84107 | $ 451,924 $ 393/sqft | 84109 | $ 821,387 $ 595/sqft |
84106 | $ 485,169 $ 402/sqft | 84111 | $ 439,950 $ 447/sqft |
84102 | $ 500,000 $ 427/sqft | 84108 | $ 579,999 $ 906/sqft |
84103 | $ 658,804 $ 425/sqft | 84113 | $ -- $ -- |
84129 | $ 388,000 $ 335/sqft | 84148 | $ -- $ -- |
84123 | $ 314,000 $ 391/sqft | 84150 | $ -- $ -- |
84117 | $ 785,000 $ 542/sqft | 84138 | $ -- $ -- |
84105 | $ 1,081,000 $ 579/sqft | 84199 | $ -- $ -- |
84124 | $ 787,500 $ 616/sqft | 84112 | $ -- $ -- |
84116 | $ 417,035 $ 368/sqft | 84143 | $ -- $ -- |
84104 | $ 408,897 $ 359/sqft |
Housing Market Summary for Salt Lake City, UT
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $649.5K | $571.3K | -12.04% |
Median Sold Price | $587.7K | $571.3K | -2.80% |
Homes For Sale | 134 | 174 | 29.85% |
Homes Sold | 3,441 | 3,957 | 15.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Salt Lake City, UT
Browse Homes in Salt Lake City, UT
Salt Lake City home values range from $35,107 to $53,792,739. The median estimated value of a home in Salt Lake City is $569,803.33. The median list price of a home is 535,000, and the total count of properties in the city is 115,752.
- Pre-ForeclosurePre-foreclosure homes account for 0.01% of all residential properties in Salt Lake City, UT with 84124 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 25 zips within Salt Lake City, UT; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,743,851 in 84124 to the lowest home value of $309,005 in 84102.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Salt Lake City, UT ranges from the highest value of $359,170 in 84117 to the lowest value of $359,170 in 84104. Bank owned homes and properties account for 0.00% of properties in Salt Lake City, UT. There are 25 zips within Salt Lake City, UT; 84104 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions84118 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Salt Lake City, UT. Auction homes and other auction properties account for 0.02% of all properties in Salt Lake City, UT. There are 25 zips within Salt Lake City, UT; of those zips, the median estimated home value for homes going to auction ranges from $541,649 in 84124 to the lowest value of $214,325 in 84124.
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