Housing Prices in Salt Lake County, UT
How much do homes in Salt Lake County, UT cost?
Median List Price
$628,415
$270/sqft
Based on all homes listed in May 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Salt Lake County has decreased by 1% since April.
Summary: The median home list price in Salt Lake County was $628,415 in May 2024, down 1% from the previous month, and the median price per square foot was $270.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $349K | $349K | 0.0% |
| 2 Bedrooms | $399.9K | $399.9K | 0.0% |
| 3 Bedrooms | $526.3K | $520.8K | -1.0% |
| 4 Bedrooms | $644.1K | $637.6K | -1.0% |
| 5+ Bedrooms | $926.9K | $877.2K | -5.4% |
Summary: Salt Lake County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 5.4%.
Median List Price Compared To Nearby Counties
| Tooele County | $499.9K | $499K | -0.2% |
| Salt Lake County | $635K | $628.4K | -1.0% |
| Davis County | $568.7K | $553.7K | -2.6% |
| Utah County | $600.7K | $584.3K | -2.7% |
Housing Supply in Salt Lake County, UT
How many homes are available in Salt Lake County, UT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1,753 | 3,072 | +75.2% |
Summary: The Salt Lake County real estate market had 3,072 homes for sale in May 2024, a 75.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 35 | 53 | +51.4% |
| 2 Bedrooms | 221 | 404 | +82.8% |
| 3 Bedrooms | 483 | 799 | +65.4% |
| 4 Bedrooms | 409 | 796 | +94.6% |
| 5+ Bedrooms | 605 | 1,020 | +68.6% |
Summary: The Salt Lake County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 51.4%, 2 bedroom homes increased by 82.8%, 3 bedroom homes increased by 65.4%, 4 bedroom homes increased by 94.6%, and 5+ bedroom homes increased by 68.6%.
Days on Market for Salt Lake County, UT
How long does it take to sell a home in Salt Lake County, UT?
Average Listing Age
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 59 Days | 55 Days | -6.3% |
Summary: Homes in Salt Lake County had an average listing age of 55 days in May 2024, down by 6.3% compared to the previous month.
Based on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved.