Salt Lake City, UT Real Estate Market Trends & Home Values

Salt Lake City, UT Market Overview

Real estate market trends reflect that there have been 4481 transactions over the past year in Salt Lake City. The median value for residential home transactions that occurred over the previous year is $609,757. The number of current listings in Salt Lake City is 175, and the percentage of properties for sale in the city is 49.3%. Salt Lake City, UT currently has 180 properties in foreclosure, 0 bank owned properties, 17 properties headed for auction, and 175 properties for sale.

Active Residential Inventory

355

Total Inventory

Recently Sold Properties

5,827

Total Sales (Last 6 Months)

Foreclosures ( 180 )

50.7%

Pre-foreclosures ( 163 )

45.9%

Bank Owned ( 0 )

Auctions ( 17 )

4.8%

For Sale ( 175 )

49.3%

Salt Lake City, UT Home Values

$609,757

Salt Lake City home values range from $86,715 to $15,946,997. The median estimated value of a home in Salt Lake City is $609,757. The median list price of a home is $655,000, and the total count of properties in the city is 114,281.

Salt Lake City, UT Real Estate Market Overview

Salt Lake City, UT Foreclosures Market Overview

Last 24 Hours

Zip Code	Median Est. Value
84121	$737,975 $491.00/sqft
84117	$592,801 $409.00/sqft
84107	$544,916 $331.50/sqft
84123	$501,221 $341.50/sqft
84129	$465,002 $415.00/sqft
84115	$462,554 $532.00/sqft
84116	$450,668 $365.00/sqft
84118	$428,619 $400.50/sqft
84106	$425,000 $414.00/sqft
84104	$391,247 $349.00/sqft

There are 18 zip codes within Salt Lake City, UT; within these zip codes, the median estimated home value for homes in foreclosure ranges from $8,021,415 in 84124 to the lowest value of $245,870 in 84129. Foreclosure homes account for 0.16% of properties in Salt Lake City, UT with 84118 containing 46 foreclosures, the highest number of foreclosure properties in a single zip code.