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Market Snapshot

Median listing price
$420K

The median listing price in Salt Lake City, UT ZIP 84104 is $419,900 as of June 2026.

Median rent
$1,750/mo

The median market rent in Salt Lake City, UT ZIP 84104 is $1,750/month as of June 2026.

Days on market
102 days

The median days on market in Salt Lake City, UT ZIP 84104 is 102 days as of June 2026. The market is currently neutral.

Gross rental yield
5.00%

At a median list price of $419,900 and a median rent of $1,750/month, the gross rental yield in Salt Lake City, UT ZIP 84104 is 5.00% as of June 2026.

STR vs LTR
$3,994/mo STR · $1,750/mo LTR

In Salt Lake City, UT ZIP 84104, median Airbnb revenue is $3,994/month compared to median long-term rent of $1,750/month as of June 2026.

Salt Lake City, UT 84104 Real Estate Market Report

ZIP Code: 84104

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
90 Days
Total Properties Analyzed
21
Active Listings
21
Sold Properties
0

Market Metrics

Median Listing Price
$419,900
Median Sold Price
$0
Median Price per Sqft
$349/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
$1,750

Property Taxes

Property Tax Rate
0.44%

Liquidity & Velocity

Median Days on Market
102

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
moderate

Key Findings

  1. median sold price is unavailable in the provided metrics, which suggests recent closed-transaction data for this ZIP may be missing or suppressed in the sample—this can occur when the analyzed dataset lacks recent closings or when only listing-focused feeds were captured, so use caution when relying solely on asking-price signals for valuation.
  2. median listing price: $419,900 — the asking-price snapshot indicates current seller expectations; combined with the absence of a reported median sold price, this may signal pricing friction between list-side expectations and confirmed transaction evidence.
  3. median days on market: 102 — materially long listing durations point to slower sales velocity and reduced liquidity; this level of days-on-market may indicate that properties require more time to transact and that sellers may need to price or market more competitively to convert listings.
  4. market temperature: neutral with price year-over-year trend: up and rent year-over-year trend: up, while interest rate pressure: moderate — together these signals suggest a more balanced market where prices are rising modestly but transaction conditions are neither strongly favoring buyers nor sellers, and financing headwinds could moderate near-term activity.

Notable Properties

The following 8 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

1453 S Utahna Dr, Salt Lake City, UT 84104
Top Sale

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

4 beds2 baths2,098 sqft
$575,000
$274/sqft/sqft
61 days on market
1495 W Wasatch Ave, Salt Lake City, UT 84104
Market Benchmark

Sold at market average

4 beds1 baths1,488 sqft
$490,000
$329/sqft/sqft
115 days on market
1112 S 1100 W, Salt Lake City, UT 84104
Premium

Sold above market average

4 beds1 baths1,036 sqft
$450,000
$434/sqft/sqft
102 days on market
1169 W Indiana Ave, Salt Lake City, UT 84104
Market Benchmark

Quick sale indicating strong buyer demand and competitive market conditions.

3 beds2 baths1,200 sqft
$435,000
$363/sqft/sqft
25 days on market
915 W 300 S, Salt Lake City, UT 84104
Value

Sold below market average

3 beds2 baths1,455 sqft
$435,000
$299/sqft/sqft
454 days on market
1072 S Glendale Cir, Salt Lake City, UT 84104
Value

Sold below market average

3 beds2 baths1,370 sqft
$429,000
$313/sqft/sqft
45 days on market
1255 W 800 S, Salt Lake City, UT 84104
Value

Below-market acquisition. Investor purchase with value-add potential through renovation.

3 beds1 baths1,497 sqft
$420,000
$281/sqft/sqft
10 days on market
1083 W Fremont Ave, Salt Lake City, UT 84104
Premium

Sold above market average

2 beds1 baths755 sqft
$419,900
$556/sqft/sqft
334 days on market

Data Sources

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

Report generated: 6/1/2026

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