North Salt Lake, UT Home Values & Market Trends
Real estate market trends reflect that there have been 267 transactions over the past year in North Salt Lake. The median value for residential home transactions that occurred over the previous year is $537,994.24. The number of current listings in North Salt Lake is 8, and the percentage of properties for sale in the city is 8.00%. North Salt Lake, UT currently has 5 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 8 properties for sale.
North Salt Lake, UT Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 84054 | $ 507,820 $ 368/sqft |
Housing Market Summary for North Salt Lake, UT
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $512.5K | $540.8K | 5.51% |
| Median Sold Price | $528.1K | $540.8K | 2.40% |
| Homes For Sale | 12 | 6 | -50.00% |
| Homes Sold | 190 | 174 | -8.42% |
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 North Salt Lake, UT
Browse Homes in North Salt Lake, UT
North Salt Lake home values range from $42,667 to $3,747,270. The median estimated value of a home in North Salt Lake is $537,994.24. The median list price of a home is 507,450, and the total count of properties in the city is 5,185.
- Pre-ForeclosurePre-foreclosure homes account for 0.06% of all residential properties in North Salt Lake, UT with 84054 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within North Salt Lake, UT; of that zips, the estimated home value for pre-foreclosure homes ranges from $977,057 in 84054 to the lowest home value of $338,298 in 84054.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in North Salt Lake, UT ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in North Salt Lake, UT. There is 1 zips within North Salt Lake, UT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions84054 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of North Salt Lake, UT. Auction homes and other auction properties account for 0.04% of all properties in North Salt Lake, UT. There is 1 zips within North Salt Lake, UT; of that zips, the median estimated home value for homes going to auction ranges from $408,947 in 84054 to the lowest value of $354,744 in 84054.
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Guide for North Salt Lake, UT
The Salt Lake City real estate market is experiencing significant shifts, as average property values have dropped citywide. However, neighbourhood trends vary, with West Valley City seeing a slight rise in property values, while others like North Salt Lake show a decline. This fluctuation highlights the importance of localized analysis in real estate investment.
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