Salt Lake City, UT 84118 Real Estate Market Analysis | dynamic.RE
dynamic.RE
Search
Portfolio
Market Analysis
Areas
Analyze
Select a state…
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
No cities
Compare
Market Snapshot
Housing Market
Demand Fundamentals
Salt Lake City, UT — 84118
Market Hotness
39
Hotness Rank
#8,693
Hotness Score
39
Supply Score
56
Demand Score
21
DOM vs US
-5.3%
Faster
Price vs US
102%
Above avg
Median Listing Price
$437K
Population
42,853
Households
449,662
Median Days on Market
48
Active Listings
52
New Listings
30
Housing Market
Pricing
Median Listing Price
$437K
-3.3% YoY
Average Listing Price
$448K
-4.4% YoY
Price per Sq Ft
$265
+4.0% YoY
Median Sq Ft
1,794
-1.7% YoY
Inventory
Active Listings
52
0.0% YoY
New Listings
30
-11.8% YoY
Total Listings
85
-9.1% YoY
Buyer Competition
Pending Listings
34
-18.1% YoY
Pending Ratio
0.65
-14.4% YoY
Median Days on Market
48
+29.0% YoY
Price Reduced
30.2%
+2.4% 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
42,853
+2.1% 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
dynamic.RE