Salt Lake City, UT 84107 Real Estate Market Report
ZIP Code: 84107
Report Date: May 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.
Market Metrics
Note: 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 unavailable — recent transaction-level sold pricing is not provided in the available dataset, which may be due to sample limitations or timing differences between listing and public sales records; rely on listed-price and market indicators instead when assessing current market value.
-
median listing price $537,500 signals seller expectations consistent with steady appreciation; with the up price year-over-year trend, pricing appears to be moving higher, suggesting that well-priced, move-in-ready SFR and condo listings may still capture premium offers.
-
median days on market 75 suggests a measured sales pace and neutral overall market temperature, which may indicate pricing friction for homes that are not staged or competitively priced and that sellers should expect longer marketing periods unless they adjust price or condition.
-
median price per square foot 337 combined with median market rent 1,325 and a flat rent year-over-year trend suggests rental income pressures are steady; investors should treat rent growth as neutral while using price per square foot to benchmark value against nearby submarkets.
-
interest rate pressure elevated should be factored into listing strategy and buyer qualification expectations; elevated financing costs may constrain some buyer segments and increase the importance of realistic pricing and concessions to maintain liquidity in a generally neutral market environment.
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 below market average
Sold at market average
Sold below market average
Sold above market average
Sold at market average
Quick sale indicating strong buyer demand and competitive market conditions.
Sold below market average
Salt Lake City, UT 84107 Real Estate Market Report
ZIP Code: 84107
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo 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
Note: 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
-
The <b>median sold price</b> is not provided in the available metrics, so a transaction-based market value cannot be stated from this dataset; use recent closed sales feeds or county records to establish a representative recent sale when making valuation decisions. neutral contextual guidance applies given other available indicators.
-
The market shows a <b>median listing price</b> of 326,950 alongside a <b>median price per square foot</b> of 289, and the up price year-over-year trend suggests continuing price appreciation — sellers are positioned with rising nominal asking levels while buyers should expect incremental competition in appreciating segments.
-
Liquidity appears muted on velocity metrics: the <b>median days on market</b> is 195, which points to slower sales velocity and potential pricing friction; combined with gradually increasing inventory, this suggests a neutral market temperature where negotiation flexibility may exist in some segments.
-
Financing and rental context: <b>interest rate pressure</b> is reported as elevated, which may dampen buyer affordability, while the <b>median market rent</b> of 1,295 and a flat rent year-over-year trend indicate limited near-term rental upside — prioritize financing-sensitive buyers and long-hold landlords for underwriting stress tests.
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 below market average
Sold at market average
Sold at market average
Sold above market average
Sold at market average
Sold at market average
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 5/1/2026
Get personalized market intelligence
View property-level details in Salt Lake City, UT get valuations, rent estimates, operating costs, and pro-forma insights.