Salt Lake City, UT 84111 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Salt Lake City, UT — 84111
Market Hotness
16
Hotness Rank
#12,533
Hotness Score
16
Supply Score
25
Demand Score
8
DOM vs US
+12.5%
Slower
Price vs US
116%
Above avg
Median Listing Price
$497K
Population
12,782
Households
449,662
Median Days on Market
66
Active Listings
47
New Listings
14
Housing Market
Pricing
Median Listing Price
$497K
+1.7% YoY
Average Listing Price
$669K
+6.3% YoY
Price per Sq Ft
$455
-1.8% YoY
Median Sq Ft
1,087
+1.4% YoY
Inventory
Active Listings
47
+11.9% YoY
New Listings
14
-12.5% YoY
Total Listings
58
-1.7% YoY
Buyer Competition
Pending Listings
12
-32.4% YoY
Pending Ratio
0.24
-16.0% YoY
Median Days on Market
66
+31.0% YoY
Price Reduced
29.8%
0.0% 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
12,782
+2.7% 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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