Salt Lake County, UT Home Values & Market Trends

The median home price in Salt Lake County, UT is $542,014.42. There were 12,863 home sales in Salt Lake County, UT over the past 12 months. The median residential Salt Lake County, UT home value for transactions over the previous year is $347,255.659. The number of current listings in Salt Lake County, UT is 453, and the percentage of properties for sale is 453.00%. The county has 73 foreclosures, 5 bank owned properties, 52 headed for auction, and 453 properties for sale.

Salt Lake County, UT Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Salt Lake City

$ 536,618

$ 437/sqft

Riverton

$ 662,574

$ 381/sqft

South Jordan

$ 577,077

$ 326/sqft

Herriman

$ 558,850

$ 309/sqft

Sandy

$ 699,873

$ 425/sqft

Midvale

$ 468,303

$ 345/sqft

West Jordan

$ 482,518

$ 364/sqft

Magna

$ 347,628

$ 300/sqft

Draper

$ 1,000,000

$ 400/sqft

Bingham Canyon

$ --

$ --

West Valley City

$ 433,079

$ 358/sqft

Housing Market Summary for Salt Lake County, UT

Mar 2023February 2024Change
Median Listing Price$649.5K$539.3K-16.97%
Median Sold Price$553.7K$539.3K-2.61%
Homes For Sale33439417.96%
Homes Sold8,6999,4628.77%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Salt Lake County, UT

Salt Lake County, UT home values range from $35,107 to $53,792,739. Draper is the priciest city with a median listing home price of $999,000, and Magna is most affordable with average house prices of around $364,900.

Foreclosure
There are 11 cities within Salt Lake County, UT; within these cities, the median estimated home value for homes in foreclosure ranges from $1,461,750 in South Jordan to the lowest value of $290,151 in South Jordan. Foreclosure homes account for 0.00% of properties in Salt Lake County, UT with Salt Lake City containing 33 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.01% of all residential properties in Salt Lake County, UT with Salt Lake City containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 11 cities within Salt Lake County, UT; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,774,255 in Draper to the lowest home value of $309,920 in Salt Lake City.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Salt Lake County, UT ranges from the highest value of $704,206 in Herriman to the lowest value of $354,340 in West Valley City. Bank owned homes and properties account for 0.00% of properties in Salt Lake County, UT. There are 11 cities within Salt Lake County, UT; Salt Lake City containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Salt Lake City has 22 auction properties, the highest number of properties going to auction in a single city in the state of Salt Lake County, UT. Auction homes and other auction properties account for 0.02% of all properties in Salt Lake County, UT. There are 11 cities within Salt Lake County, UT; of those cities, the median estimated home value for homes going to auction ranges from $3,728,544 in Draper to the lowest value of $290,151 in Draper.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.15% of residential properties in Salt Lake County, UT with Salt Lake City containing 194 homes for sale, the highest number of listed properties in a single city. There are 11 cities within Salt Lake County, UT; homes for sale in those cities, have a range of median values from $1,860,417 in Riverton to the lowest value of $219,000 in Salt Lake City.
    Sold Homes
    The median value for recently sold homes ranges from $470,326 in Bingham Canyon to the lowest price of $44,401 in Bingham Canyon. There are 11 cities within Salt Lake County, UT. Salt Lake City has 3760 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.07% of properties in Salt Lake County, UT.

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      Guide for Salt Lake County, UT

      gavel for real estate auction
      Home Buying Guides & Tips
      Utah Foreclosure Laws
      A Luxury Mansion
      Investing Strategies
      Winning A Luxury Real Estate Auctions: Key Tips
      California
      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California
      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
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      Utah Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Utah Foreclosure Laws

      A Luxury Mansion
      Winning A Luxury Real Estate Auctions: Key Tips
      Investing Strategies|posted 1 March 2024

      A few quick tips to prepare you for selling a luxury home at auction

      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California|posted 1 March 2024

      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.

      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
      California|posted 1 March 2024

      Santa Ana’s real estate market thrives with fluctuating median property values and diverse submarkets. Recent trends indicate potential opportunities for investors with varied budgets despite market volatility, enhanced by Santa Ana’s comparatively low foreclosure rates and value-for-money square foot pricing.