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Salt Lake City

Why you'd want to live in Salt Lake City

Salt Lake City is the heart of the region, offering the vibrancy of a larger metropolitan area with a blend of culture, history, and modern conveniences. Living here puts you at the center of Utah's arts scene, with museums, theaters, and music venues just a short distance away. The city boasts diverse neighborhoods, from bustling downtown areas to more tranquil spots like the Avenues or Sugar House. Salt Lake City also provides excellent access to outdoor activities, including skiing in the winter and hiking in the summer. Additionally, its strong job market and educational institutions contribute to the city's appeal, drawing people who seek a dynamic urban lifestyle with easy access to nature.

Salt Lake City Market Report

$957,235

AVERAGE PRICE OF 1,119 HOMES

$324,500

AVERAGE PRICE OF 6 DISTRESSED HOMES

$2,186,487

AVERAGE PRICE OF 279 MULTI-MILLION DOLLAR HOMES

$918,923

AVERAGE PRICE OF 60 NEWLY BUILT HOMES

$938,074

AVERAGE PRICE OF 137 HOMES WITH A POOL

$994,913

AVERAGE PRICE OF 92 REDUCED PRICE HOMES

Average Home

Average Price $957,235
Avg Bedrooms 3.34 beds
Avg Bathrooms 2.55 baths

Average Price by Bedrooms

1 bedroom $370,623
2 bedrooms $486,295
3 bedrooms $689,753
4 bedrooms $1,026,904
5 bedrooms $1,413,016
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
East 277 $877,414 72 days
Total Homes Average Price Avg Days on Site
All Homes 1,119 $957,235 76 days
Distressed Homes 6 $324,500 189 days
Multi-Million Dollar Homes 279 $2,186,487 93 days
Newly Built Homes 60 $918,923 108 days
Homes with a Pool 137 $938,074 81 days
Reduced Price Homes 92 $994,913 64 days
Unity Group Real Estate
Jimmy Douangbupha
801-706-7171

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of June 12, 2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Conspicuous display of the following: Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
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