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

# BEDSSep 2024Oct 2024CHANGE
1 $295K$300K
+1.7%
2 $399.9K$399.9K
0.0%
3 $559K$559.1K
0.0%
4 $700K$699.9K
0%
5+ $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
+1.0%
Magna
+0.7%
Salt Lake City
-0.3%
North Salt Lake
-2.1%
South Salt Lake
-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 2024Oct 2024CHANGE
9021,290+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

# BEDSSep 2024Oct 2024CHANGE
1 5572
+30.9%
2 208282
+35.6%
3 207332
+60.4%
4 210296
+41.0%
5+ 222308
+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 2024Oct 2024CHANGE
69 Days73 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Salt Lake City, UT

Nearby Markets to Salt Lake City, UT

What housing markets are near Salt Lake City, UT?