$9,796 Closing Credit*
$824,900
4,050 SqFt
5 Beds
•3 Full Baths
Brian Summers, Listing Office: Century 21 Wasatch Life Realty
Housing Prices in Salt Lake City, UT
How much do homes in Salt Lake City, UT cost?
Median List Price
$596,987
$326/sqft
Based on all homes listed in November 2024.
Difference Since Last Month
+$4,899(+0.8%)
Key Takeaway
The list price of homes in Salt Lake City has increased by 0.8% since October.
Summary: The median home list price in Salt Lake City was $596,987 in November 2024, up 0.8% from the previous month, and the median price per square foot was $326.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305K | $312K | +2.3% |
| 2 Bedrooms | $395.2K | $395.5K | 0.1% |
| 3 Bedrooms | $552.5K | $559K | +1.2% |
| 4 Bedrooms | $699K | $697K | -0.3% |
| 5+ Bedrooms | $1.1M | $995K | -9.5% |
Summary: Salt Lake City housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 9.5%.
Median List Price Compared To Nearby Cities
| Magna | $449.9K | $454K | +0.9% |
| Salt Lake City | $592K | $596.9K | +0.8% |
| South Salt Lake | $479K | $478.9K | 0% |
| West Valley City | $474.9K | $472K | -0.6% |
| North Salt Lake | $649.9K | $629.9K | -3.1% |
Housing Supply in Salt Lake City, UT
How many homes are available in Salt Lake City, UT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 907 | 1,151 | +26.9% |
Summary: The Salt Lake City real estate market had 1,151 homes for sale in November 2024, a 26.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 53 | 70 | +32.1% |
| 2 Bedrooms | 210 | 255 | +21.4% |
| 3 Bedrooms | 228 | 291 | +27.6% |
| 4 Bedrooms | 189 | 256 | +35.4% |
| 5+ Bedrooms | 227 | 279 | +22.9% |
Summary: The Salt Lake City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 32.1%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 27.6%, 4 bedroom homes increased by 35.4%, and 5+ bedroom homes increased by 22.9%.
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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 72 Days | 81 Days | +11.7% |
Summary: Homes in Salt Lake City had an average listing age of 81 days in Nov 2024, up by 11.7% 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.