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Market Snapshot

Median listing price
$850K

The median listing price in Holladay, UT ZIP 84121 is $850,000 as of June 2026.

Median rent
$2,200/mo

The median market rent in Holladay, UT ZIP 84121 is $2,200/month as of June 2026.

Days on market
27 days

The median days on market in Holladay, UT ZIP 84121 is 27 days as of June 2026. The market is currently neutral.

Gross rental yield
3.11%

At a median list price of $850,000 and a median rent of $2,200/month, the gross rental yield in Holladay, UT ZIP 84121 is 3.11% as of June 2026.

STR vs LTR
$1,268/mo STR · $2,200/mo LTR

In Holladay, UT ZIP 84121, median Airbnb revenue is $1,268/month compared to median long-term rent of $2,200/month as of June 2026.

Holladay, UT 84121 Real Estate Market Report

ZIP Code: 84121

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
12 Months
Total Properties Analyzed
57
Active Listings
56
Sold Properties
1

Market Metrics

Median Listing Price
$850,000
Median Sold Price
$2,011,000
Median Price per Sqft
$315/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,200

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.43%

Liquidity & Velocity

Median Days on Market
27

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Holladay, UT, average approximately 6.53%, reflecting a stable but elevated interest rate environment compared to earlier 2026 market benchmarks.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. median sold price is not available in the provided metrics, which limits direct valuation from recent closed transactions; its absence may reflect a very small sample of completed sales in the dataset or reporting lag for recorded closings—treat transaction-based valuation as uncertain until a representative median sold price is reported. data gap
  2. median listing price of $850,000 appears to anchor current seller expectations and should be used with caution as a proxy for value given the missing median sold price; this listing-level price suggests price points where supply is concentrated. moderate seller pricing
  3. median days on market of 27 suggests moderate transaction velocity — listings are not moving extremely fast but are also not stagnant, which may indicate balanced negotiation windows for buyers and sellers and potential pricing friction for sellers who need quicker liquidity.
  4. The analyzed sample shows elevated inventory relative to sales activity, combined with a rent year-over-year trend up and a neutral market temperature; alongside moderate interest rate pressure and Current 30-year fixed mortgage rates in Holladay, UT averaging 6.53%, this mix suggests buyers face higher financing costs while landlords may see improving rents, and sellers may need realistic pricing or flexibility to transact. elevated inventory

Notable Properties

The following 1 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

5803 S Holladay Blvd, Holladay, UT 84121
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds1 baths6,592 sqft
$2,000,000
Apr 1, 2026
$303/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$9,316/mo
84121 Avg Rent
84121 Cost to Own
Rent$2,200
Own$11,516

20% down, 6.53% rate, 0.4% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

84121 Avg nightly rate
84121 Avg occupancy (days/year)
Nightly rate$156/night
Occupancy101 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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