Market Snapshot
- Median listing price
- $420K
- Median rent
- $1,750/mo
- Days on market
- 102 days
- Gross rental yield
- 5.00%
- STR vs LTR
- $3,994/mo STR · $1,750/mo LTR
The median listing price in Salt Lake City, UT ZIP 84104 is $419,900 as of June 2026.
The median market rent in Salt Lake City, UT ZIP 84104 is $1,750/month as of June 2026.
The median days on market in Salt Lake City, UT ZIP 84104 is 102 days as of June 2026. The market is currently neutral.
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.
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
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.
Market Metrics
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
Property Taxes
Liquidity & Velocity
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.
Key Findings
- 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.
- 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.
- 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.
- 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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold at market average
Sold above market average
Quick sale indicating strong buyer demand and competitive market conditions.
Sold below market average
Sold below market average
Below-market acquisition. Investor purchase with value-add potential through renovation.
Sold above market average
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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