$8,491 Closing Credit*
$715,000
2,059 SqFt
3 Beds
•2 Full Baths
Megan Marie Jones, Listing Office: Utah Property Finder
Housing Prices in Salt Lake City, UT
How much do homes in Salt Lake City, UT cost?
Median List Price
$599,158
$326/sqft
Based on all homes listed in October 2024.
Difference Since Last Month
-$1,624(-0.3%)
Key Takeaway
The list price of homes in Salt Lake City has remained the same since September.
Summary: The median home list price in Salt Lake City was $599,158 in October 2024, down 0.3% from the previous month, and the median price per square foot was $326.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295K | $300K | +1.7% |
| 2 Bedrooms | $399.9K | $399.9K | 0.0% |
| 3 Bedrooms | $559K | $559.1K | 0.0% |
| 4 Bedrooms | $700K | $699.9K | 0% |
| 5+ Bedrooms | $1.1M | $1.0M | -10.0% |
Summary: Salt Lake City housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 10%.
Median List Price Compared To Nearby Cities
| West Valley City | $470K | $474.9K | +1.0% |
| Magna | $452K | $455K | +0.7% |
| Salt Lake City | $600.7K | $599.1K | -0.3% |
| North Salt Lake | $657.5K | $643.4K | -2.1% |
| South Salt Lake | $514.4K | $469.9K | -8.7% |
Housing Supply in Salt Lake City, UT
How many homes are available in Salt Lake City, UT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 902 | 1,290 | +43.0% |
Summary: The Salt Lake City real estate market had 1,290 homes for sale in October 2024, a 43.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 55 | 72 | +30.9% |
| 2 Bedrooms | 208 | 282 | +35.6% |
| 3 Bedrooms | 207 | 332 | +60.4% |
| 4 Bedrooms | 210 | 296 | +41.0% |
| 5+ Bedrooms | 222 | 308 | +38.7% |
Summary: The Salt Lake City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30.9%, 2 bedroom homes increased by 35.6%, 3 bedroom homes increased by 60.4%, 4 bedroom homes increased by 41%, and 5+ bedroom homes increased by 38.7%.
Days on Market for Salt Lake City, UT
How long does it take to sell a home in Salt Lake City, UT?
Average Listing Age
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 69 Days | 73 Days | +6.4% |
Summary: Homes in Salt Lake City had an average listing age of 73 days in Oct 2024, up by 6.4% 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.