The story of this market
The typical home in Salt Lake City, Utah sells for about $599,949, or $389 per square foot.
Prices are up +11.4% from a year ago, so sellers still have some momentum. Homes take about 13 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,620 a month.
Monthly price momentum
Home values since 2015
+1.3%
UT · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Salt Lake City, Utah
The Salt Lake City housing market is showing signs of resilience with a competitive pace of sales and steady price appreciation. While inventory remains tight, the city's strong economic fundamentals and high demand from a growing professional population continue to support market stability. Buyers are active, though the market is sensitive to interest rate fluctuations and affordability constraints.
No ARED county foreclosure postings attributed to Salt Lake City yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price corroborated by the published ten-year series (2026) (within 12.5%).
Deterministic aggregate of 12 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 0.0% year over year.
Homes spend a median of 50 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100.39% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 12.5% — a stable, low-distress profile.
- Lagoon Amusement Park4.415.6 mi
- Thanksgiving Point4.623.1 mi
- Liberty Park4.61.3 mi
- Gardner Village4.610.6 mi
- Classic Fun Center4.412.2 mi
- Delta Center4.60.9 mi
- Salt Palace Convention Center4.50.7 mi
- Utah First Credit Union Amphitheatre4.310.5 mi
- Utah State Capitol4.71.2 mi
- Snowbird4.617.4 mi
- Loveland Living Planet Aquarium4.615.8 mi
- Lagoon Amusement Park4.415.6 mi
- Temple Square4.70.7 mi
- Utah's Hogle Zoo4.53.9 mi
- Utah State Capitol4.71.2 mi
- Temple Square4.70.7 mi
- Utah State Capitol4.71.2 mi
- Thanksgiving Point4.623.1 mi
- Natural History Museum of Utah4.83.4 mi
- Clark Planetarium4.60.9 mi
- Utah's Hogle Zoo4.53.9 mi
- Liberty Park4.61.3 mi
- Sugar House Park4.73.2 mi
- Red Butte Garden and Arboretum4.83.4 mi
- Wheeler Historic Farm4.78.8 mi
- East Canyon Marina4.519.1 mi
- Topgolf Salt Lake City4.39.6 mi
- Mulligans Golf & Games4.213.9 mi
- Mountain Dell Golf Course4.59.9 mi
- Eaglewood Golf Course4.75.2 mi
- River Oaks Golf Course4.312.4 mi
- Fashion Place4.48.5 mi
- City Creek Center4.50.6 mi
- Chinatown Supermarket4.64.3 mi
- The Shops at South Town4.313.7 mi
- Valley Fair Mall45.8 mi
- Salt Lake City International Airport4.25.1 mi
- Ogden - Hinckley Airport4.230.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A historic park located in City Creek Canyon, offering scenic walking paths and monuments that serve as a peaceful retreat near the downtown core.
A major regional trail system providing extensive hiking and biking access along the foothills, significantly enhancing the quality of life for residents.
The seat of state government, featuring neoclassical architecture and expansive grounds that serve as a major cultural and tourist anchor.
A premier regional zoo located at the mouth of Emigration Canyon, serving as a major family-oriented destination and educational facility.
A major indoor arena hosting professional sports and large-scale concerts, serving as a central hub for downtown economic activity.
Salt Lake City is an ideal fit for outdoor enthusiasts, young professionals, and families seeking a balance between urban amenities and mountain access. The city attracts a diverse demographic, including university-affiliated residents and those drawn to the growing tech-sector job market.
The Salt Lake City School District serves the city with a diverse range of public schools, generally characterized by strong community engagement and specialized magnet programs. While performance varies by campus, the district is noted for its commitment to inclusive education and language immersion opportunities.
The city is served by a comprehensive light rail (TRAX) system and a robust bus network, facilitating efficient transit to the airport and surrounding suburbs. Major highway corridors, including I-15 and I-80, provide critical regional connectivity.
Salt Lake City offers an exceptional amenity base, featuring immediate access to world-class skiing, hiking, and mountain biking in the nearby Wasatch Range. Within city limits, residents enjoy a vibrant cultural scene, extensive park systems like Liberty Park, and a growing network of urban trails.
The rental market is characterized by high demand driven by the University of Utah and a growing professional workforce, leading to relatively low vacancy rates. While new multifamily supply has entered the market, rent growth remains steady, with investors showing continued interest in both urban core and suburban-adjacent properties.
The economy is anchored by the University of Utah, state government, and a rapidly expanding technology sector. The city benefits from a highly educated workforce and a business-friendly environment that continues to attract corporate investment.
Salt Lake City serves as the economic engine of the state, anchored by a robust mix of technology, healthcare, and government sectors. Major infrastructure projects, including airport expansion and downtown revitalization, continue to drive significant capital investment and employment growth.
Development activity is heavily focused on transit-oriented residential projects and the revitalization of historic districts. City planning efforts prioritize increasing housing density near major transit hubs to accommodate population growth.
Parcels are subject to various special service districts, including those for water, sewer, and fire protection, which are managed at the municipal or county level.
Salt Lake City experiences higher property crime rates compared to the national average, though violent crime remains concentrated in specific urban corridors. Local law enforcement has implemented targeted initiatives to address downtown safety, which remains a primary focus for city officials.
The city faces moderate risks related to seismic activity and occasional wildfire smoke impacts during summer months. Property insurance premiums have seen upward pressure due to regional climate risks, though flood risk is largely confined to specific low-lying areas near the Jordan River.
Property insurance markets remain stable but are increasingly sensitive to wildfire and seismic risk factors, leading to moderate premium adjustments.
Property taxes in Salt Lake City are assessed by the county based on fair market value, with rates determined by a combination of municipal, school district, and special service district levies. The state utilizes a primary residence exemption that provides a significant reduction in taxable value for owner-occupied homes.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from data.census.gov; figures reflect city-level census place boundaries.