Salt Lake City, UT Home Values & Market Trends

Real estate market trends reflect that there have been 5,195 transactions over the past year in Salt Lake City. The median value for residential home transactions that occurred over the previous year is $597,531. The number of current listings in Salt Lake City is 5,517, and the percentage of properties for sale in the city is 5517.00%. Salt Lake City, UT currently has 212 properties in foreclosure, 18 bank owned properties, 31 properties headed for auction, and 5,517 properties for sale.

Salt Lake City, UT Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
84118

$ 438,427

$ 285/sqft

84108

$ 1,006,503

$ 437/sqft

84121

$ 759,832

$ 332/sqft

84104

$ 413,140

$ 348/sqft

84106

$ 620,000

$ 379/sqft

84102

$ 540,195

$ 397/sqft

84129

$ 500,923

$ 274/sqft

84111

$ 465,025

$ 452/sqft

84107

$ 512,652

$ 296/sqft

84101

$ 504,000

$ 462/sqft

84105

$ 764,925

$ 470/sqft

84113

$ --

$ --

84123

$ 529,638

$ 275/sqft

84148

$ --

$ --

84103

$ 855,673

$ 423/sqft

84112

$ --

$ --

84117

$ 708,951

$ 337/sqft

84150

$ --

$ --

84124

$ 899,900

$ 378/sqft

84138

$ --

$ --

84109

$ 845,703

$ 405/sqft

84199

$ --

$ --

84115

$ 476,843

$ 397/sqft

84143

$ --

$ --

84116

$ 463,546

$ 311/sqft

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Housing Market Summary for Salt Lake City, UT

Sep 2025September 2026Change
Median Listing Price$579K$625K7.94%
Median Sold Price$656.8K$644.2K-1.91%
Homes For Sale3,5205,47155.43%
Homes Sold2,9442,322-21.13%
Price
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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%.

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Browse Homes in Salt Lake City, UT

Salt Lake City home values range from $160,000 to $8,665,101. The median estimated value of a home in Salt Lake City is $597,531. The median list price of a home is 625,000, and the total count of properties in the city is 8,269.

Foreclosure
There are 25 zips within Salt Lake City, UT; within these zips, the median estimated home value for homes in foreclosure ranges from $1,970,484 in 84102 to the lowest value of $170,000 in 84102. Foreclosure homes account for 2.00% of properties in Salt Lake City, UT with 84118 containing 49 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.97% of all residential properties in Salt Lake City, UT with 84118 containing 35 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 $661,688 in 84108 to the lowest home value of $224,900 in 84103.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Salt Lake City, UT ranges from the highest value of $1,058,222 in 84121 to the lowest value of $170,000 in 84102. Bank owned homes and properties account for 0.22% of properties in Salt Lake City, UT. There are 25 zips within Salt Lake City, UT; 84107 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    84118 has 10 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 0.37% 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 $478,573 in 84109 to the lowest value of $222,100 in 84109.
Homes for Sale
Homes and properties that are actively listed for sale account for 66.72% of residential properties in Salt Lake City, UT with 84118 containing 660 homes for sale, the highest number of listed properties in a single zip. There are 25 zips within Salt Lake City, UT; homes for sale in those zips, have a range of median values from $7,450,000 in 84108 to the lowest value of $160,000 in 84116.
    Sold Homes
    The median value for recently sold homes ranges from $2,558,939 in 84101 to the lowest price of $171,249 in 84101. There are 25 zips within Salt Lake City, UT. 84121 has 325 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 28.15% of properties in Salt Lake City, UT.

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      Guide for Salt Lake City, UT

      gavel for real estate auction
      Home Buying Guides & Tips
      Utah Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      gavel for real estate auction
      Utah Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Utah Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.