If you need assistance, please call 801-641-3698

Salt Lake City Market Report

$966,752

AVERAGE PRICE OF 1,226 HOMES

$2,364,857

AVERAGE PRICE OF 280 MULTI-MILLION DOLLAR HOMES

$1,121,799

AVERAGE PRICE OF 149 HOMES WITH A POOL

$844,693

AVERAGE PRICE OF 111 REDUCED PRICE HOMES

$407,414

AVERAGE PRICE OF 7 DISTRESSED HOMES

$949,466

AVERAGE PRICE OF 61 NEWLY BUILT HOMES

Average Home

Average Price $966,752
Avg Bedrooms 3.58 beds
Avg Bathrooms 3.12 baths

Average Price by Bedrooms

1 bedroom $380,211
2 bedrooms $628,978
3 bedrooms $1,229,715
4 bedrooms $2,468,341
5 bedrooms $2,560,843
Salt Lake City Home Price Trends
  6/2025 5/2025 4/2025 3/2025 2/2025
Total Listings 1,194 1,114 1,009 915 866
Average Price $995,292 $1,034,359 $1,026,085 $1,014,944 $989,835
Avg Price Change -3.93% +0.81% +1.10% +2.54% +3.87%
Median Price $666,464 $657,833 $637,986 $629,843 $613,923
Med Price Change +1.31% +3.11% +1.29% +2.59% +3.96%
Avg Bedrooms 3.77 beds 3.74 beds 3.71 beds 3.69 beds 3.49 beds
Avg Bathrooms 3.38 baths 3.4 baths 3.33 baths 3.4 baths 3.06 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
West 285 $861,711 80 days
Total Homes Average Price Avg Days on Site
All Homes 1,226 $966,752 93 days
Multi-Million Dollar Homes 280 $2,364,857 111 days
Homes with a Pool 149 $1,121,799 122 days
Reduced Price Homes 111 $844,693 63 days
Distressed Homes 7 $407,414 121 days
Newly Built Homes 61 $949,466 116 days
Black Diamond Realty
James Stewart
9672 S 700 E #202
Salt Lake City, UT 84070
801-641-3698
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Marylee Gilchrist
EMAIL: marylee@inspirofinancial.com
Phone:801-898-6784
CLICK HERE FOR MORE INFORMATION
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Robert Hofhine
Email:robert.hofhine@nafinc.com
Phone: 801-898-6784
CLICK HERE FOR MORE INFORMATION

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of July 13, 2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Conspicuous display of the following: Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
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