The story of this market
The typical home in ZIP 84108 sells for about $1,030,000, or $345 per square foot.
Prices are down 19.2% from a year ago, which gives buyers more room to negotiate. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,150 a month.
ZIP 84108 — Salt Lake City
The 84108 housing market remains a premium enclave within Salt Lake City, characterized by high median home values and strong demand for its proximity to the University of Utah. While year-over-year price growth has cooled, the market maintains stability due to limited inventory and high barriers to entry. Buyers are currently navigating a more balanced environment compared to the rapid appreciation seen in previous years.
This ZIP is ideal for established families and professionals who prioritize proximity to the University of Utah, outdoor mountain access, and established neighborhoods with high property values.
Median prices moved down 19.2% year over year.
Homes spend a median of 28 days on market with 3.4 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 5.4% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 84108, Salt Lake County UT
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area generally reports lower crime rates compared to the broader Salt Lake City urban core, with property crime being the primary concern.
Schools serving the 84108 ZIP code are highly regarded, with many institutions in the Salt Lake City School District maintaining strong academic performance ratings.
This ZIP code is situated in a high-risk zone for wildfire exposure due to its proximity to the Wasatch foothills and Emigration Canyon.
Economic momentum is driven by the nearby University of Utah and the expanding medical and research corridors, with limited new residential development due to geographic constraints.
Property taxes are assessed by Salt Lake County based on market value; the area is subject to standard municipal and school district levies without unique special district surcharges.
Residents benefit from direct access to Foothill Drive and I-80, providing a relatively efficient commute to downtown Salt Lake City and the University of Utah campus.
The area offers exceptional access to outdoor recreation, including Hogle Zoo, This Is The Place Heritage Park, and numerous trailheads leading into the Wasatch Mountains.
The rental market is tight, influenced by demand from university students and faculty, with limited inventory and rising rent trajectories.
The economy is anchored by the University of Utah, University of Utah Health, and a robust professional services sector in the nearby Salt Lake City core.
The area is served by UTA bus routes along Foothill Drive, though most residents rely on personal vehicles for commuting.
Development is constrained by topography, with current planning focused on infill and density adjustments near major transit corridors.
Salt Lake County Assessor performs annual market-based valuations for all residential properties.
Parcels are served by the Salt Lake City School District and various municipal utility districts.
Premiums are trending upward due to increased wildfire risk assessments in the foothill regions.
Data retrieved from Census Reporter and data.census.gov ZCTA profiles.
- Lagoon Amusement Park4.416.2 mi
- Liberty Park4.67.6 mi
- Gardner Village4.615.5 mi
- Classic Fun Center4.416.1 mi
- Dave & Buster's Salt Lake City4.18.8 mi
- Delta Center4.68.6 mi
- Salt Palace Convention Center4.58.4 mi
- Utah State Capitol4.77.9 mi
- Utah First Credit Union Amphitheatre4.317.9 mi
- Snowbird4.614.6 mi
- Temple Square4.78.1 mi
- Utah's Hogle Zoo4.54.6 mi
- Utah State Capitol4.77.9 mi
- Liberty Park4.67.6 mi
- Sugar House Park4.77.2 mi
- Temple Square4.78.1 mi
- Utah State Capitol4.77.9 mi
- Natural History Museum of Utah4.84.6 mi
- Clark Planetarium4.68.7 mi
- Conference Center4.98.1 mi
- Utah's Hogle Zoo4.54.6 mi
- Liberty Park4.67.6 mi
- Sugar House Park4.77.2 mi
- Red Butte Garden and Arboretum4.84.7 mi
- This Is The Place Heritage Park4.64.6 mi
- East Canyon Marina4.512.3 mi
- Mountain Dell Golf Course4.53 mi
- Eaglewood Golf Course4.78.5 mi
- Golf the Round4.310.6 mi
- Mick Riley Golf Course4.311.2 mi
- Glendale Golf Course4.111.1 mi
- Fashion Place4.412.8 mi
- City Creek Center4.58.1 mi
- Chinatown Supermarket4.69.9 mi
- Valley Fair Mall412.9 mi
- Smith's4.27.4 mi
- Salt Lake City International Airport4.212.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional zoo located at the base of Emigration Canyon.
A historic landmark and park commemorating Utah's pioneer history.
Extensive hiking and mountain biking access along the mountain bench.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.