Housing in Salt Lake City, UT

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$613,000

Median List Price

$552,450

Price Per Sq Ft

$358

Days on Market

63

Active Inventory

385

Months of Supply

3.7

Seller's market

Zillow Home Value

$557,482

ZHVI — January 2026

Zillow Rent Index

$1,554

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 10.8%List Price 0.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

19.1%

Off Market in 2 Weeks

29.8%

Sale-to-List Ratio

98.0%

Buyer's market

Sold Above Asking
19.1%
Under Contract in 2 Wks
29.8%
Listings with Price Drops
26.2%

Market Activity

Source: Redfin

Homes Sold

105

New Listings

144

Pending Sales

161

Homes Sold 27.6%New Listings 36.0%Pending 16.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$358

Median List $/SF

$370

Sale $/SF 4.7%List $/SF 1.6%Mar 24Jan 26

Salt Lake City vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 100,000 - 250,000 residents. Salt Lake City is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$495,700

Median Rent

$1,343

Total Housing Units

97,318

Vacancy Rate

8.6%

Owner Occupied

46.8%

Renter Occupied

53.2%

Median Property Tax

$2,628

per year

Monthly Cost (w/ Mortgage)

$1,508

Housing Types

Single Family
48.5%
Multi-Family
50.6%
Mobile Home
0.9%

The current median sale price in Salt Lake City, UT is $613,000 according to Redfin data. Homes spend a median of 63 days on the market. 19.1% of homes sold above asking price. The market has 3.7 months of supply. The median price per square foot is $358. Zillow's observed rent index is $1,554/month. About 46.8% of housing units are owner-occupied. The median year homes were built is 1963. There are 97,318 total housing units.