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Salt Lake City

Why you'd want to live in Salt Lake City

Discover Salt Lake City Real Estate in the vibrant and bustling heart of Utah, where breathtaking landscapes and boundless adventure opportunities await. As the capital and largest city in the state, Salt Lake City serves as the epicenter of Utah's thriving tourism industry. Nestled amid majestic mountains and the shimmering Great Salt Lake, the city's surroundings offer a plethora of outdoor activities – from skiing and snowboarding to hiking and exploring canyon trails. One of the main attractions of this lively and modern metropolis is its rich history as the host of the 2002 Winter Olympics – and with its sights set on 2030, Salt Lake City is primed to once again dazzle the world on the Olympic stage. In addition to its exciting tourism prospects, Salt Lake City is a pillar of higher education in the region, home to renowned institutions like the University of Utah. So whether you're seeking heart-pumping escapades, a culture-rich destination, or an exceptional educational experience, Salt Lake City truly has a home for everyone to buy.

Salt Lake County

Salt Lake City Market Report

$918,298

AVERAGE PRICE OF 839 HOMES

$358,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,229,101

AVERAGE PRICE OF 180 MULTI-MILLION DOLLAR HOMES

$1,030,660

AVERAGE PRICE OF 42 NEWLY BUILT HOMES

$1,005,670

AVERAGE PRICE OF 102 HOMES WITH A POOL

$794,736

AVERAGE PRICE OF 55 REDUCED PRICE HOMES

Average Home

Average Price $918,298
Avg Bedrooms 3.41 beds
Avg Bathrooms 2.56 baths

Average Price by Bedrooms

1 bedroom $365,439
2 bedrooms $477,527
3 bedrooms $651,157
4 bedrooms $868,686
5 bedrooms $1,281,663
Salt Lake City Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 813 720 746 789 783
Average Price $919,179 $913,827 $909,681 $860,951 $844,165
Avg Price Change +0.59% +0.46% +5.66% +1.99% +2.53%
Median Price $617,382 $591,908 $576,326 $557,205 $556,528
Med Price Change +4.30% +2.70% +3.43% +0.12% -0.31%
Avg Bedrooms 3.46 beds 3.42 beds 3.4 beds 3.38 beds 3.33 beds
Avg Bathrooms 2.62 baths 2.59 baths 2.54 baths 2.48 baths 2.41 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 190 $949,638 53 days
Highland 142 $901,495 56 days
Olympus 72 $738,905 50 days
Skyline 54 $1,205,604 51 days
West 147 $971,286 61 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 839 $918,298 59 days
Distressed Homes 1 $358,000 188 days
Multi-Million Dollar Homes 180 $2,229,101 79 days
Newly Built Homes 42 $1,030,660 97 days
Homes with a Pool 102 $1,005,670 69 days
Reduced Price Homes 55 $794,736 51 days
The Stern Team, KW Salt Lake City Keller Williams Real Estate
Russell Faucette
2121 South McClelland St, Suite 201
Salt Lake City, UT 84106
801-810-1056

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of June 6, 2023. 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 © 2023 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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