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
City | Median Est. Value | City | Median 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 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $649.5K | $539.3K | -16.97% |
Median Sold Price | $553.7K | $539.3K | -2.61% |
Homes For Sale | 334 | 394 | 17.96% |
Homes Sold | 8,699 | 9,462 | 8.77% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Salt Lake County, UT
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- AuctionsSalt 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.
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More Real Estate Resources for Salt Lake County, UT
Guide for Salt Lake County, UT
A few quick tips to prepare you for selling a luxury home at auction
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