Taylorsville, UT 84129 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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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. The primary indicator of market value is the median sold price, but it is unavailable in the provided metrics; as a transaction-level proxy, the observable asking-level reference is median listing price $502,500, which should be treated cautiously when inferring negotiated sale values. neutral
2. Liquidity appears moderate with a median days on market 25, which, combined with elevated inventory relative to sales activity in the sample, suggests slower sales velocity and pricing friction that may require sellers to be more flexible on terms or pricing to transact.
3. Market direction is largely balanced: price momentum is reported as flat year-over-year and market temperature is neutral, indicating a stabilization phase rather than accelerating appreciation or broad depreciation.
4. Borrowing and rental context diverge—interest rate pressure is elevated and market-level financing for local properties is around 6.63% for a 30-year fixed mortgage, while rental demand shows upside with median market rent $1,745 and a reported up rent year-over-year trend; investors should weigh higher financing costs against improving rent dynamics when assessing cashflow.

Notable Properties

The following 3 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.