| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $570,450 | -4.1% YoY |
| Median price per sq ft | $266 | 2,298 sq ft median |
| Median days on market | 50 | +4% YoY |
| Active listings | 3,427 | +3% YoY |
| New listings this month | 1,678 | June 2026 |
| Listings with a price cut | 26% | Share of active |
| Median sale price (closed) | $551,000 | +0.2% YoY |
| Sale-to-list ratio | 99.3% | Closed sales |
| Gross rental yield | 3.6% | 2BR fair market rent |
Major metropolitan market · Utah · June 2026 data
Salt Lake City Real Estate Market
As of June 2026, the median home listed in Salt Lake City, UT asks $570,450 — down 4.1% year over year. Homes sell in a median of 50 days, with 3,427 active listings and 26% carrying a price cut — a balanced market. Figures come from public records and industry data, updated monthly.
Median listing price
$570,450
▼ 4.1% YoY
Median $ / sq ft
$266
2,298 sq ft median
Median days on market
50
June 2026
Active listings
3,427
For sale now
New listings
1,678
June 2026
Listings with price cuts
26%
Share of active
Median sale price (closed)
$551,000
▲ 0.2% YoY · closed sales
Sale-to-list ratio
99.3%
Closed sales
Homes sold / month
1,223
Closed sales
Salt Lake City housing market statistics
The table summarizes Salt Lake City's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.
How have home prices changed in Salt Lake City?
Salt Lake City home prices are down 4.1% year over year and +1.0% month over month as of June 2026, at a $570,450 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Salt Lake City UT · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Salt Lake City UT · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Salt Lake City?
Salt Lake City has 3,427 active listings, 1,678 new this month, 1,597 pending as of June 2026. About 26% of active listings have cut their price, and inventory sits at 117% of its 2019 level — a balanced market by pace.
Is Salt Lake City a good real estate investment?
Salt Lake City scores 44/100 on WealthyBud's composite Investor Score, ranking #592 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
44/100
#592 of 932 covered metros
Price volatility
High
σ 8.0% · 20-yr price-index swings
Salt Lake City scores 44/100 on our composite Investor Score (#592 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 45% over five years and +122% over ten, leaving prices 49% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,717/mo for a two-bedroom, the gross rental yield on the median listing is about 3.6%; active inventory sits at 117% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 4.1% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Salt Lake City ranks on the trending markets index.
How much is a monthly mortgage payment in Salt Lake City?
A home at Salt Lake City's $570,450 median listing runs about $2,864 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 5.43%
$2,571/mo
−$292/mo vs today
At today's rate · 6.43%
$2,864/mo
National weekly average
If rates rise 1% · 7.43%
$3,169/mo
+$306/mo vs today
Principal & interest on the $570,450 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.
What is driving the Salt Lake City housing market?
Longer-run demand in Salt Lake City shows up in 7,706 homes permitted in 2025; net migration of -8,702 residents; +2.1% job growth. Natural-hazard risk rates Relatively High. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
7,706
▲ 32.0% vs 2024
6.1 per 1,000 residents
Net migration (2022–2023)
-8,702
▼ people, via tax-return records
net income flow −$352.9M/yr
Job growth (YoY)
+2.1%
▲ 856.7k nonfarm jobs · May 2026
Natural-hazard risk
Relatively High
National hazard index · top hazard: Earthquake
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
What is the latest Salt Lake City real estate news?
Cities With the Fastest-growing Home Prices in UtahStacker · 2026-06-29→Where does Salt Lake City rank in a list of the hottest housing markets?Deseret News · 2026-04-10→Here's why some sellers are pulling their homes off the marketKSL.com · 2026-06-10→Mountain West Markets: How Las Vegas and Salt Lake City CompareBuilder Magazine · 2026-06-30→
Salt Lake City's housing market is experiencing rapid price growth and fluctuates, with some sellers withdrawing listings. — AI-generated summary of the headlines above; read the linked coverage before relying on it.
Headlines collected 2026-07-05; each links to the original publisher.
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Salt Lake City by ZIP code
Median price, pace and inventory for 18 Salt Lake City ZIPs — the spread behind the metro number.
Explore DirectoryTop agents in Salt Lake City
The highest-producing real estate agents in Salt Lake City, ranked by recent sales.
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Hours, exam and the commission that regulates Utah agents.
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What real estate agents actually earn across Utah.
ReadSalt Lake City housing market FAQ
What is the median home price in Salt Lake City?
As of June 2026, the median listing price in Salt Lake City, UT is $570,450, down 4.1% year over year (source: public records and industry data).
How much does it cost to buy a home in Salt Lake City?
The median home listed in Salt Lake City asks $570,450 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $2,864 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Salt Lake City?
The median property in Salt Lake City spends 50 days on the market, with 3,427 homes actively listed and 26% of them carrying a price cut — a balanced market by pace as of June 2026.
Is it a buyer's or seller's market in Salt Lake City?
With a median 50 days on market and 26% of active listings carrying a price cut, Salt Lake City reads as a balanced market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Salt Lake City a good place to invest in real estate?
Salt Lake City scores 44/100 on WealthyBud's Investor Score, ranking #592 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Salt Lake City?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Salt Lake City and the wider Utah market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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