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Salt Lake City, Utah

Realtor Sep 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $88K, +1.8% YoY (ZIP); renters hold 42.6% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −6.4% YoY. inventory, +7.1% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: median listing $630,218 (Realtor). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

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

Median Listing Price

$630K

Population

507,472

204,981

Median Days on Market

Active Listings

1,404

New Listings

512

Housing Market

The median listing price is down 6.4% YoY while the median home got down 5.7% bigger, so value per square foot is up 0.2%.

Pricing

Median Listing Price

$630K-6.4% YoY

Average Listing Price

$839K-6.2% YoY

Price per Sq Ft

$334.416+0.2% YoY

Median Sq Ft

1,961-5.7% YoY

Inventory

Active Listings

1,404+16.4% YoY

New Listings

512+5.3% YoY

Total Listings

1,799+7.1% YoY

Buyer Competition

Pending Listings

412-11.8% YoY

Pending Ratio

0.29-24.6% YoY

Median Days on Market

58+1.9% YoY

Price Reduced

33.2%+24.3% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 449,662

450Kunits

Occupied426,24594.8%

Vacant23,4175.2%

2024 Tenure ⓘ

U.S. Census ACS · n = 426,245

426Koccupied

Owner281,87566.1%

Renter144,37033.9%

Renter Share

33.9%+2.6% YoY

Total Housing Units

449,662+2.2% YoY

FY2026 Fair Market Rent

CountySalt Lake County · HUD 40th-percentile estimate, 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

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 42.6% of this ZIP's 204,981 occupied households, on a median household income of $88K.

Population & Age

Total Population

507,472+1.0% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 507,472

507Kresidents

Under 18103,54620.4%

Adults 18–64333,98265.8%

65 & Over69,94413.8%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

35.09+0.2% YoY

Population Under 18

103,546-1.5% YoY

Population 65 & Over

69,944+3.3% YoY

Households & Mobility

Total Households

204,981+2.3% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.42-1.4% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house83.7%

Moved (within US)15.5%

Other0.8%

Veterans

4.1%-3.2% YoY

Income & Poverty

Median Household Income

$88K+1.8% YoY

Per-Capita Income

$48K+2.9% YoY

Mean Household Income

$118K+1.6% YoY

Below Poverty Level

10.4%+0.9% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone62.8%

Public transit2.9%

Worked from home19.6%

Other14.7%

Worked From Home

19.6%+9.4% YoY

Mean Commute

20.82+0.7% YoY

Units & Tenure

Total Housing Units

220,455+2.2% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 220,455

220Kunits

Occupied204,98193.0%

Vacant15,4747.0%

2024 Tenure ⓘ

U.S. Census ACS · n = 204,981

205Khouseholds

Owner117,70057.4%

Renter87,28142.6%

Avg Household Size — Owner

2.68-0.2% YoY

Avg Household Size — Renter

2.07-2.9% YoY

County Demographics

County population is up 1.0% to 1,196,523: residents under 18 are down 1.3% and those 65 and over are up 3.7%.

Median Age

34.02024

Population

Salt Lake County Population

1,216,274+1.3% YoY

Households

Total Households

426,245+2.3% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.77-1.1% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 1,196,523

1.2Mresidents

Under 18302,33125.3%

Adults 18–64752,02762.9%

65 & Over142,16511.9%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

302,331-1.3% YoY

Population 65 & Over

142,165+3.7% YoY

Median Age

34.00+0.6% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.9%

Moved (within US)13.3%

Other0.8%

Veterans

3.8%-5.0% YoY

County Economy

County median household income is $97K, 8.1% of residents are below the poverty level, 19.7% work from home.

Income

Median Household Income

$97K+3.0% YoY

Per-Capita Income

$45K+3.9% YoY

Mean Household Income

$125K+2.9% YoY

Poverty

Below Poverty Level

8.1%-3.6% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone64.5%

Public transit2.1%

Worked from home19.7%

Other13.7%

Worked From Home

19.7%+11.3% YoY

Mean Commute

22.30-0.4% YoY

Done with Salt Lake City? Put it next to another market.

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Compare with

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Salt Lake City, Utah

Realtor Sep 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $88K, +1.8% YoY (ZIP); renters hold 42.6% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −6.4% YoY. inventory, +7.1% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

$630K

Population

507,472

204,981

Median Days on Market

Active Listings

1,404

New Listings

512

Housing Market

The median listing price is down 6.4% YoY while the median home got down 5.7% bigger, so value per square foot is up 0.2%.

Pricing

Median Listing Price

$630K-6.4% YoY

Average Listing Price

$839K-6.2% YoY

Price per Sq Ft

$334.416+0.2% YoY

Median Sq Ft

1,961-5.7% YoY

Inventory

Active Listings

1,404+16.4% YoY

New Listings

512+5.3% YoY

Total Listings

1,799+7.1% YoY

Buyer Competition

Pending Listings

412-11.8% YoY

Pending Ratio

0.29-24.6% YoY

Median Days on Market

58+1.9% YoY

Price Reduced

33.2%+24.3% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 449,662

450Kunits

Occupied426,24594.8%

Vacant23,4175.2%

2024 Tenure ⓘ

U.S. Census ACS · n = 426,245

426Koccupied

Owner281,87566.1%

Renter144,37033.9%

Renter Share

33.9%+2.6% YoY

Total Housing Units

449,662+2.2% YoY

FY2026 Fair Market Rent

CountySalt Lake County · HUD 40th-percentile estimate, 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

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 42.6% of this ZIP's 204,981 occupied households, on a median household income of $88K.

Population & Age

Total Population

507,472+1.0% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 507,472

507Kresidents

Under 18103,54620.4%

Adults 18–64333,98265.8%

65 & Over69,94413.8%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

35.09+0.2% YoY

Population Under 18

103,546-1.5% YoY

Population 65 & Over

69,944+3.3% YoY

Households & Mobility

Total Households

204,981+2.3% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.42-1.4% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house83.7%

Moved (within US)15.5%

Other0.8%

Veterans

4.1%-3.2% YoY

Income & Poverty

Median Household Income

$88K+1.8% YoY

Per-Capita Income

$48K+2.9% YoY

Mean Household Income

$118K+1.6% YoY

Below Poverty Level

10.4%+0.9% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone62.8%

Public transit2.9%

Worked from home19.6%

Other14.7%

Worked From Home

19.6%+9.4% YoY

Mean Commute

20.82+0.7% YoY

Units & Tenure

Total Housing Units

220,455+2.2% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 220,455

220Kunits

Occupied204,98193.0%

Vacant15,4747.0%

2024 Tenure ⓘ

U.S. Census ACS · n = 204,981

205Khouseholds

Owner117,70057.4%

Renter87,28142.6%

Avg Household Size — Owner

2.68-0.2% YoY

Avg Household Size — Renter

2.07-2.9% YoY

County Demographics

County population is up 1.0% to 1,196,523: residents under 18 are down 1.3% and those 65 and over are up 3.7%.

Median Age

34.02024

Population

Salt Lake County Population

1,216,274+1.3% YoY

Households

Total Households

426,245+2.3% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.77-1.1% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 1,196,523

1.2Mresidents

Under 18302,33125.3%

Adults 18–64752,02762.9%

65 & Over142,16511.9%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

302,331-1.3% YoY

Population 65 & Over

142,165+3.7% YoY

Median Age

34.00+0.6% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.9%

Moved (within US)13.3%

Other0.8%

Veterans

3.8%-5.0% YoY

County Economy

County median household income is $97K, 8.1% of residents are below the poverty level, 19.7% work from home.

Income

Median Household Income

$97K+3.0% YoY

Per-Capita Income

$45K+3.9% YoY

Mean Household Income

$125K+2.9% YoY

Poverty

Below Poverty Level

8.1%-3.6% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone64.5%

Public transit2.1%

Worked from home19.7%

Other13.7%

Worked From Home

19.7%+11.3% YoY

Mean Commute

22.30-0.4% YoY

Done with Salt Lake City? Put it next to another market.