Salt Lake City, UT 84111 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 available in the provided metrics, which may reflect limited closed-transaction data in the analyzed sample or reporting lag for recent sales rather than absence of market activity; this limits direct assessment of realized market value. data gap
2. median listing price: 750,000 reflects current seller pricing expectations in the area and should be treated as an asking-price snapshot rather than a realized sale value; without a reliable median sold price in the dataset, expect potential pricing friction between asks and closed transactions. contextual pricing
3. median days on market: 127 indicates slower sales velocity and, combined with the sample's elevated inventory relative to sales activity, suggests buyers may have increased negotiation leverage and transactions may take longer to close. slower velocity
4. median price per square foot: 376 combined with year-over-year signals—price trend is up and rent trend is up—suggests underlying value support, but rising financing costs (interest rate pressure: elevated; Current 30-year fixed mortgage rates in Salt Lake City 84111 average 6.4% as of June 2026) may temper near-term buyer activity. mixed signals

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.