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Market Snapshot

Median listing price
$795K

The median listing price in Holladay, UT ZIP 84121 is $794,900 as of July 2026.

Median rent
$2,300/mo

The median market rent in Holladay, UT ZIP 84121 is $2,300/month as of July 2026.

Days on market
59 days

The median days on market in Holladay, UT ZIP 84121 is 59 days as of July 2026. The market is currently neutral.

Gross rental yield
3.47%

At a median list price of $794,900 and a median rent of $2,300/month, the gross rental yield in Holladay, UT ZIP 84121 is 3.47% as of July 2026.

STR vs LTR
$1,538/mo STR · $2,300/mo LTR

In Holladay, UT ZIP 84121, median Airbnb revenue is $1,538/month compared to median long-term rent of $2,300/month as of July 2026.

Holladay, UT 84121 Real Estate Market Report

ZIP Code: 84121

Report Date: July 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
73
Active Listings
72
Sold Properties
1

Market Metrics

Median Listing Price
$794,900
Median Sold Price
$2,011,000
Median Price per Sqft
$318/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
$2,300

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
0.46%

Liquidity & Velocity

Median Days on Market
59

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
down
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Holladay, UT are 6.49%, which is 0.40% higher than the 6.09% market low observed earlier in 2026.

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 unavailable in the provided metrics, so a representative recent sale price cannot be established from this dataset; the transaction sample appears too limited to report a reliable median sold price and therefore price conclusions should rely on listing-side and market-context indicators. neutral
  2. Seller-side pricing is anchored at a median listing price of 794,900, which should be treated as an asking-price snapshot rather than confirmed transaction value given the missing median sold price; this suggests potential pricing friction between seller expectations and realized sales. stable
  3. Market liquidity appears muted with a median days on market of 59, which indicates slower sales velocity and may reflect longer decision cycles or pricing resistance in the current environment. down
  4. Macro financing is a headwind: 30-year fixed mortgage rate of 6.49% is reported, and that rate is 0.40% higher than the 6.09% market low observed earlier in 2026, consistent with the stated elevated interest rate pressure and likely contributing to downward rent and price trends. elevated

Notable Properties

The following 1 property 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

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

-$9,215/mo
84121 Avg Rent
84121 Cost to Own
Rent$2,300
Own$11,515

20% down, 6.49% rate, 0.5% 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
Occupancy215 of 365 days

Data Sources

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

Report generated: 7/10/2026

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