Local home value data · Salt Lake City, UT
What's my home worth in Salt Lake City, UT?
Salt Lake City is one of the pricier markets in the Mountain West, and recent sales show prices still climbing while homes take a bit longer to find a buyer than they did a year ago.
Is Salt Lake City a buyer's or seller's market?
Leaning seller's. Redfin rates Salt Lake City 61/100 (somewhat competitive), based on how quickly homes sell, how often they get multiple offers, and how close they sell to list price.
What this means if you're selling in Salt Lake City
A median sale price of $638,000, up 11.4% year-over-year, is a strong gain, but homes now average about 36 days on market compared with 30 last year, and receive around two offers. Prices are rising while pace slows, which suggests buyers are being more selective at higher price points. Sellers can still do well, but pricing in line with recent nearby sales matters more than it did a year ago.
How Salt Lake City compares
Salt Lake City's median sale price sits 58% above the U.S. median.
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Is Salt Lake City a buyer's or seller's market right now?
It is somewhere in the middle. The Redfin Compete Score is 61 out of 100, which Redfin rates as somewhat competitive, and homes receive about two offers on average. Prices are up 11.4% from last year, but the 36-day average time on market is six days slower than a year ago, so buyers have a little more room to negotiate than the price trend alone suggests.
How fast are homes selling in Salt Lake City?
Over the three months ending August 2026, homes sold after about 36 days on market on average, compared with 30 days in the same period last year. That is slower, but the median sale price still rose 11.4% to $638,000.
How accurate is the Salt Lake City median for my neighborhood?
The $638,000 citywide median blends every neighborhood, home size and condition, so a specific area can be quite different. For an estimate based on your own home and nearby recent sales, request a free home value report, which is reviewed by a local agent.
Home values in nearby markets
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Market data (median sale price, year-over-year change, days on market, and buyer competition) sourced from Redfin, trailing 3-month data as of August 2026. Figures are approximate, change frequently, and are not a substitute for a formal appraisal or a local agent's comparative market analysis. Read more about how home value estimates work.