Salt Lake City, UT housing market

Seven monthly indicators for the Salt Lake City, UT metro area, with five years of history and year-over-year change on each. Updated when Zillow Research publishes.

Typical home value

$560,068

+1.3% year over year

As of August 2026

Median sale price

$537,250

-1.9% year over year

As of July 2026

Days to pending

45 days

+7.1% year over year

As of August 2026

Sold above asking

29.0%

-1.5 pts year over year

As of July 2026

Homes for sale

4,561

+3.4% year over year

As of August 2026

New listings

1,439

+5.7% year over year

As of August 2026

Typical asking rent

$1,641

+0.5% year over year

As of August 2026

What the numbers say

The typical Salt Lake City home is worth $560,068 as of August 2026, up 1.3% from $552,848 a year earlier.

Homes are going under contract in 45 days on average, slower than the 42 days of a year ago. Over the same period the share of sales closing above asking fell to 29.0%.

There are 4,561 homes on the market, more than a year ago (+3.4%). New listings are +5.7% year over year.

Asking rents are at $1,641 a month, +0.5% year over year.

Where these figures come from

Every number on this page is Zillow Research metro-level data, ingested directly from the public research files rather than copied from a page. Nothing here is modelled, estimated or adjusted by us. Each metric carries its own release date because Zillow publishes them on separate schedules, and restating a June figure as though it were July would be the only way to make the dates match.

The metro area is broader than the city. Salt Lake City, UT covers the whole statistical area, so a specific neighbourhood or ZIP code can differ from these figures substantially — treat them as the backdrop a local conversation happens against, not as a valuation.

Need a client-ready Salt Lake City market update?

Get the pre-filled email newsletter, social media caption, video reels script, and SMS text with this month's data.

Get Salt Lake City templates →

Frequently asked questions

What is the typical home value in Salt Lake City, UT?

$560,068 as of August 2026, +1.3% year over year. That figure is the Zillow Home Value Index for the Salt Lake City, UT metro area, which covers the middle third of homes whether or not they sold.

How long do homes take to sell in Salt Lake City?

45 days on average from listing to going under contract, as of August 2026. This measures time to pending, not time to closing, so add roughly a month for the escrow period.

Why do the metrics have different dates?

Zillow releases each series on its own schedule. Sale prices and the above-asking share settle roughly a month behind values, inventory and listing counts, because they depend on closed transactions being recorded. Each figure on this page is labelled with the month it belongs to rather than being restated at a common date it was not measured on.

Is this the city or the whole metro area?

The whole metro. Zillow's Salt Lake City, UT figures cover the full statistical area, not the city limits, so an individual neighbourhood can sit well above or below these numbers. For a specific ZIP code the metro figure is a backdrop, not an estimate.

Writing about the Salt Lake City market for clients?

Cogniterra turns this data into a finished article in your voice every day, and sends it to your phone to approve before it publishes.

Start your 7-day free trial