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Salt Lake City housing market: median home price

Salt Lake City home prices: the Zillow Home Value Index in September 2026 put a typical Salt Lake City, Utah home at $568,970, +2.4% higher than a year earlier and −2.1% under the $581,463 peak of June 2022.

Value of a typical home
$568,970
September 2026, Zillow ZHVI
Change over 12 months
A gain of +2.4% since September 2025.
Change over 10 years
A rise of +96.4% since September 2016.
Value multiple since 2000
3.4 times, from $165,990.
How long homes take to sell
58
Realtor.com reports this for the Salt Lake City, UT metro.

Salt Lake City home prices since 2000

The steel line shows Salt Lake City. The grey line shows the United States. From January 2000, a typical Salt Lake City home rose from $165,990 to $568,970, a ×3.43 increase. The US increase over those months was ×2.99. The boom high was $253,724 in February 2008, while the low was $191,261 in November 2011, a −24.6% change.

$100k$200k$300k$400k$500k$600k200020052010201520202025Jan 2000 · $165,990$366,157$568,970Sep 2026Salt Lake CityUnited States$100k$200k$300k$400k$500k$600k200020102020Jan 2000 · $166k$366k$569kSep 2026
For the typical home, the Zillow Home Value Index is smoothed and seasonally adjusted. Zillow Research data
January 2000 · $165,990

Salt Lake City median home price by year

Each yearly figure averages the twelve monthly values, and the 2026 figure shows the latest month.

YearSalt Lake CityChange on the yearUnited States
2000$170,079$125,745
2001$174,431+2.6%$134,899
2002$175,745+0.8%$144,276
2003$176,140+0.2%$155,308
2004$178,365+1.3%$169,891
2005$182,998+2.6%$189,732
2006$205,111+12.1%$206,531
2007$241,532+17.8%$208,449
2008$244,972+1.4%$195,574
2009$220,427−10.0%$177,542
2010$210,120−4.7%$171,462
2011$195,002−7.2%$162,508
2012$199,910+2.5%$161,137
2013$227,736+13.9%$171,420
2014$244,605+7.4%$182,996
2015$260,561+6.5%$192,738
2016$284,914+9.3%$204,509
2017$311,762+9.4%$216,767
2018$349,776+12.2%$230,541
2019$375,946+7.5%$242,088
2020$408,124+8.6%$257,151
2021$490,678+20.2%$295,959
2022$559,208+14.0%$340,014
2023$538,474−3.7%$348,160
2024$547,259+1.6%$359,751
2025$557,231+1.8%$362,959
September 2026$568,970+2.4%$366,157

Current value of Salt Lake City homes bought in any year

An estimate based on an index for a typical home, not an appraisal.

Each year's figure averages its twelve monthly index values; September 2026 is the current value. For more options, see the home appreciation calculator.

Are you thinking of selling? Compare local agents through Realtor.com. Advertising disclosure: the site may receive payment for links like this one, but it never changes a number. Disclosure.

Salt Lake City housing market forecast

For the Salt Lake City, UT metro, Zillow's forecast is +1.6% over 12 months from September 2026. For the next three months, the forecast is +0.6%. With Salt Lake City's typical value at $568,970, this forecast places it near $578,100 a year on.

Zillow's central metro estimate is repeated here; the site does not publish a forecast of its own. Such a 12-month forecast has usually differed from the realised change by several percentage points, either above or below. This is not investment advice.

One table brings together every metro forecast: housing market forecast.

Salt Lake City housing market crash risk score

High: 77 of 100

Against the 292 cities, the score ranks Salt Lake City on five conditions that ran high ahead of past price falls. Each input is compared with the other cities on a scale from 0 to 100. The five places are then averaged using equal weight. It shows current conditions; it does not predict a crash.

InputValueSub-scoreWeight
Active listings vs 2019+37.0%8420%
How long homes take to sell vs 2019+52.6%9720%
Price-to-rent ratio30.29320%
Price-to-income ratio7.48620%
12-month price change+2.4%2620%

This is not investment advice. Scoring details: methodology. Rankings for all 292 cities: city crash risk.

Salt Lake City inventory and days on market

In September 2026 the Salt Lake City, UT metropolitan area counted 3,923 homes that were for sale, +14.1% above the level of one year earlier and +37.0% versus September 2019. The median selling time was 58 days, up +52.6% against 2019, while price cuts affected 33.6% of listings.

Salt Lake City, UT metro, September 2026ValueOn a year
Active listings3,923+14.1%
New listings1,388
Median days on market58+1.3%
Median list price$564,950−3.6%
Share with a price cut33.6%

Metro inventory from Realtor.com® Economic Research. Realtor.com data. All metro areas: days on market by city.

Living costs in Salt Lake City

The Zillow Observed Rent Index places Salt Lake City's typical asking rent at $1,571 a month, 0.5% higher than one year earlier. A typical home costs the rent for 30.2 years. According to Census ACS 2024, median household income is $77,186. A typical home costs 7.4 times one year of household earnings. BEA gives the metro a price index of 100.9, compared with a US average of 100, and a housing cost index of 123.3.

The salary needed to move there, along with rents and prices: cost of living in Salt Lake City.

More housing markets in Utah

See the state overall: Utah housing market.

How to read the chart

Every point represents Salt Lake City's Zillow Home Value Index, showing a typical home's value in the market's middle third in that month's dollars after smoothing and seasonal adjustment. The hollow dot shows the slider's month. The terracotta dot shows the latest month. These figures do not account for inflation, and the index tracks a typical home rather than a particular house. Use the card above or the home appreciation calculator to estimate one home's value from its sale price.