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Market Snapshot

Median listing price
$1.29M

The median listing price in Salt Lake City, UT ZIP 84103 is $1,295,000 as of June 2026.

Median rent
$1,250/mo

The median market rent in Salt Lake City, UT ZIP 84103 is $1,250/month as of June 2026.

Days on market
64 days

The median days on market in Salt Lake City, UT ZIP 84103 is 64 days as of June 2026. The market is currently neutral.

Gross rental yield
1.16%

At a median list price of $1,295,000 and a median rent of $1,250/month, the gross rental yield in Salt Lake City, UT ZIP 84103 is 1.16% as of June 2026.

STR vs LTR
$4,311/mo STR · $1,250/mo LTR

In Salt Lake City, UT ZIP 84103, median Airbnb revenue is $4,311/month compared to median long-term rent of $1,250/month as of June 2026.

Salt Lake City, UT 84103 Real Estate Market Report

ZIP Code: 84103

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
51
Active Listings
50
Sold Properties
1

Market Metrics

Median Listing Price
$1,295,000
Median Sold Price
$0
Median Price per Sqft
$411/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
$1,250

Property Taxes

Property Tax Rate
0.40%

Liquidity & Velocity

Median Days on Market
64

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
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Key Findings

  1. median sold price is the primary indicator of realized market value and recent transaction activity, but it is not present in the provided metrics — this may be because the analyzed sample contained only a single sold property, making a representative median sold price unavailable in the dataset.
  2. median listing price 1,295,000 indicates seller expectations remain at the high end of the market; given the absence of a reported median sold price, this listing-level signal should be treated as an asking-price benchmark rather than proof of transaction-level value — use caution when reconciling asking versus actual sale outcomes.
  3. median days on market 64 points to slower sales velocity, which combined with the sampled elevated inventory relative to sales suggests pricing friction and extended time to transact in current conditions.
  4. market temperature neutral alongside price year-over-year trend up and rent year-over-year trend up suggests balanced but firm underlying demand, while interest rate pressure elevated is a headwind to buyer affordability; supplementing this, median price per square foot 411 and median market rent 1,250 provide context for valuation and rental comparables when underwriting deals.

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

255 A St, Salt Lake City, UT 84103
Top Sale

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

5 beds3 baths3,110 sqft
$1,126,000
Jun 1, 2025
$362/sqft/sqft
378 days on market

Data Sources

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

Report generated: 6/1/2026

GemHaus

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