Salt Lake City, Utah Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Salt Lake City, Utah
44 ZIPs in this city:
84101
84102
84103
84104
84105
84106
84107
84108
84109
84110
84111
84112
84113
84114
84115
84116
84117
84118
84121
84122
84123
84124
84125
84126
84127
84129
84132
84133
84134
84138
84139
84143
84148
84150
84151
84152
84157
84158
84165
84170
84171
84180
84190
84199
Market Hotness
40
Hotness Rank
--
Hotness Score
40
Supply Score
54
Demand Score
26
DOM vs US
-4.1%
Faster
Price vs US
144%
Above avg
Median Listing Price
$634K
Population
507,472
Households
449,662
Median Days on Market
49
Active Listings
1,183
New Listings
606
Housing Market
Pricing
Median Listing Price
$634K
-8.3% YoY
Average Listing Price
$872K
-7.2% YoY
Price per Sq Ft
$339.346
+0.4% YoY
Median Sq Ft
1,934
-9.0% YoY
Inventory
Active Listings
1,183
+1.9% YoY
New Listings
606
-1.0% YoY
Total Listings
1,730
+3.9% YoY
Buyer Competition
Pending Listings
555
+9.9% YoY
Pending Ratio
0.47
+7.5% YoY
Median Days on Market
49
-1.5% YoY
Price Reduced
26.8%
-6.6% YoY
FY2026 Fair Market Rent — Salt Lake County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,259
/month
1 BR
$1,456
/month
2 BR
$1,747
/month
3 BR
$2,333
/month
4 BR
$2,666
/month
FMR Trends — Salt Lake County
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
34.0
2024
Population
Total Population
507,472
+1.0% YoY
Salt Lake County Population
1,216,274
+1.3% YoY
Households
Total Housing Units
449,662
+2.2% YoY
Age
2024 Age Mix
1.2M
residents
Under 18
302,331
25.3%
Adults 18–64
752,027
62.9%
65 & Over
142,165
11.9%
Age Composition Over Time
2017–2024
Population Under 18
302,331
-1.3% YoY
Population 65 & Over
142,165
+3.7% YoY
Median Age
34.00
+0.6% YoY
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