Salt Lake City, UT 84108 Real Estate Market Report

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

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 not provided in the supplied metrics, so a transaction-based primary market value cannot be stated from this dataset; this metric may be unavailable due to sample limitations, reporting lag, or the source not returning closed-sale aggregates for the ZIP code. context needed
2. median listing price of 1,199,500 combined with a median days on market of 31 suggests a market where pricing is largely holding and listings are turning over at a moderate pace, which may indicate limited pricing friction in many segments. neutral turnover
3. median price per square foot of 461 and a median market rent of 2,395 indicate comparatively high capital values relative to monthly rents, so investors and owner-occupiers should expect elevated price-per-unit-area dynamics when evaluating value. pricing context
4. Market signals show a neutral market temperature with prices trending up year-over-year and rents trending up, while interest rate pressure is described as moderate and current 30-year fixed mortgage rates average approximately 6.4% as of June 2026; together these factors suggest a slightly warm-to-balanced market where sellers retain some pricing power but broader affordability headwinds persist. balanced but watch rates

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.