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Salt Lake City

Why you'd want to live in Salt Lake City

Salt Lake is the largest metropolitan area in Utah. Salt Lake is used to refer to both the city and the county. The city is bordered by the Great Salt Lake and the snow-capped Wasatch Range. Meanwhile, the county stretches from the suburbs of North Salt Lake to Bluffdale and is ringed by the Oquirrh (pronounced “oaker”) and Wasatch ranges. Salt Lake is at a higher elevation than most cities. We strongly encourage visitors to spend a night in Salt Lake before heading to the ski resorts to help avoid elevation sickness. Because there is less oxygen in the air, you’ll also notice that alcohol may affect you more strongly than it does at home. via visitsaltlake.com

Salt Lake City Market Report

$804,741

AVERAGE PRICE OF 669 HOMES

$350,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,001,840

AVERAGE PRICE OF 117 MULTI-MILLION DOLLAR HOMES

$1,022,083

AVERAGE PRICE OF 21 NEWLY BUILT HOMES

$748,642

AVERAGE PRICE OF 76 HOMES WITH A POOL

$765,513

AVERAGE PRICE OF 26 REDUCED PRICE HOMES

Average Home

Average Price $804,741
Avg Bedrooms 3.08 beds
Avg Bathrooms 2.11 baths

Average Price by Bedrooms

1 bedroom $345,014
2 bedrooms $452,821
3 bedrooms $677,529
4 bedrooms $737,377
5 bedrooms $953,745
Salt Lake City Home Price Trends
  4/2022 3/2022 2/2022 1/2022 12/2021
Total Listings n/a 586 548 535 741
Average Price n/a $802,576 $782,098 $779,109 $785,307
Avg Price Change n/a +2.62% +0.38% -0.80% n/a
Median Price n/a $565,348 $526,317 $526,144 $526,641
Med Price Change n/a +7.42% +0.03% -0.09% n/a
Avg Bedrooms n/a 2.99 beds 2.92 beds 2.99 beds 3.18 beds
Avg Bathrooms n/a 2.07 baths 2.07 baths 2.14 baths 2.33 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 109 $867,485 43 days
Highland 130 $790,530 38 days
Kearns 43 $443,390 42 days
Olympus 59 $759,171 36 days
West 117 $817,239 41 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 669 $804,741 49 days
Distressed Homes 2 $350,000 144 days
Multi-Million Dollar Homes 117 $2,001,840 76 days
Newly Built Homes 21 $1,022,083 132 days
Homes with a Pool 76 $748,642 46 days
Reduced Price Homes 26 $765,513 26 days
Keller Williams Salt Lake City
2121 S McClelland St Ste 201
Salt Lake City, UT 84106
801-326-8800

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of May 20, 2022. 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 © 2022 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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