Salt Lake City
Salt Lake City Market Report
$982,668
AVERAGE PRICE OF 867 HOMES$2,380,231
AVERAGE PRICE OF 212 MULTI-MILLION DOLLAR HOMES$1,173,114
AVERAGE PRICE OF 110 HOMES WITH A POOL$652,416
AVERAGE PRICE OF 48 REDUCED PRICE HOMES$309,000
AVERAGE PRICE OF 5 DISTRESSED HOMES$991,583
AVERAGE PRICE OF 73 NEWLY BUILT HOMESAverage Home
| Average Price | $982,668 |
| Avg Bedrooms | 3.49 beds |
| Avg Bathrooms | 3.02 baths |
Average Price by Bedrooms
| 1 bedroom | $389,275 |
| 2 bedrooms | $623,960 |
| 3 bedrooms | $1,314,736 |
| 4 bedrooms | $3,772,549 |
| 5 bedrooms | $2,713,021 |
Salt Lake City Home Price Trends
| 1/2025 | 12/2024 | 11/2024 | 10/2024 | 9/2024 | |
|---|---|---|---|---|---|
| Total Listings | 835 | 959 | 1,077 | 1,106 | 1,114 |
| Average Price | $952,989 | $947,807 | $940,274 | $955,581 | $963,554 |
| Avg Price Change | +0.55% | +0.80% | -1.63% | -0.83% | +6.09% |
| Median Price | $590,550 | $599,875 | $606,851 | $609,559 | $616,134 |
| Med Price Change | -1.58% | -1.16% | -0.45% | -1.08% | +1.76% |
| Avg Bedrooms | 3.48 beds | 3.58 beds | 3.52 beds | 3.46 beds | 3.44 beds |
| Avg Bathrooms | 3.04 baths | 3.12 baths | 3.04 baths | 2.96 baths | 2.96 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| East | 208 | $821,297 | 86 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 867 | $982,668 | 105 days |
| Multi-Million Dollar Homes | 212 | $2,380,231 | 111 days |
| Homes with a Pool | 110 | $1,173,114 | 74 days |
| Reduced Price Homes | 48 | $652,416 | 53 days |
| Distressed Homes | 5 | $309,000 | 140 days |
| Newly Built Homes | 73 | $991,583 | 107 days |
