Salt Lake City Market Report
$933,770
AVERAGE PRICE OF 1,176 HOMES$328,857
AVERAGE PRICE OF 7 DISTRESSED HOMES$2,162,559
AVERAGE PRICE OF 276 MULTI-MILLION DOLLAR HOMES$938,052
AVERAGE PRICE OF 58 NEWLY BUILT HOMES$927,676
AVERAGE PRICE OF 146 HOMES WITH A POOL$833,256
AVERAGE PRICE OF 110 REDUCED PRICE HOMESAverage Home
| Average Price | $933,770 |
| Avg Bedrooms | 3.36 beds |
| Avg Bathrooms | 2.55 baths |
Average Price by Bedrooms
| 1 bedroom | $386,429 |
| 2 bedrooms | $467,266 |
| 3 bedrooms | $684,858 |
| 4 bedrooms | $1,003,506 |
| 5 bedrooms | $1,314,690 |
Salt Lake City Home Price Trends
| 5/2025 | 4/2025 | 3/2025 | 2/2025 | 1/2025 | |
|---|---|---|---|---|---|
| Total Listings | 1,080 | 978 | 889 | 838 | 809 |
| Average Price | $976,949 | $970,776 | $953,868 | $935,507 | $915,776 |
| Avg Price Change | +0.64% | +1.77% | +1.96% | +2.15% | +0.71% |
| Median Price | $622,616 | $612,751 | $599,495 | $596,869 | $577,952 |
| Med Price Change | +1.61% | +2.21% | +0.44% | +3.27% | -1.15% |
| Avg Bedrooms | 3.3 beds | 3.32 beds | 3.35 beds | 3.25 beds | 3.24 beds |
| Avg Bathrooms | 2.53 baths | 2.57 baths | 2.61 baths | 2.49 baths | 2.49 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| West | 282 | $890,760 | 78 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,176 | $933,770 | 77 days |
| Distressed Homes | 7 | $328,857 | 177 days |
| Multi-Million Dollar Homes | 276 | $2,162,559 | 95 days |
| Newly Built Homes | 58 | $938,052 | 119 days |
| Homes with a Pool | 146 | $927,676 | 82 days |
| Reduced Price Homes | 110 | $833,256 | 66 days |
