Salt Lake City, UT 84106 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Salt Lake City, UT — 84106
Market Hotness
43
Hotness Rank
#7,779
Hotness Score
43
Supply Score
68
Demand Score
19
DOM vs US
-11.0%
Faster
Price vs US
138%
Above avg
Median Listing Price
$595K
Population
35,213
Households
449,662
Median Days on Market
42
Active Listings
97
New Listings
44
Housing Market
Pricing
Median Listing Price
$595K
+3.5% YoY
Average Listing Price
$644K
+3.3% YoY
Price per Sq Ft
$332
+2.6% YoY
Median Sq Ft
1,683
-3.2% YoY
Inventory
Active Listings
97
+20.5% YoY
New Listings
44
-4.3% YoY
Total Listings
141
+11.5% YoY
Buyer Competition
Pending Listings
44
-2.3% YoY
Pending Ratio
0.45
-10.4% YoY
Median Days on Market
42
-3.5% YoY
Price Reduced
33.7%
+4.9% 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
ZIP Population
35,213
+4.2% 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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