Salt Lake City Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$231,000

  • 2.4% 1-year change
  • 5.1% 1-year forecast

The median home value in Salt Lake City is $231,000. Salt Lake City home values have gone up 2.4% over the past year and Zillow predicts they will rise 5.1% within the next year. The median rent price in Salt Lake City is $1,285, which is lower than the Salt Lake City Metro median of $1,358.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Salt Lake City is 1.5%, which is lower than the national value of 6.0%.

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Relative ZHVI
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Salt Lake City Market Overview

Data through Jul 31, 2015
  • $231,000 ZHVI
  • 5.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jul 31, 2016)
  • No data Median listing price
  • No data Median sale price
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Salt Lake City Market Health

Data through Jul 31, 2015
  • 8.1/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (15.4% US Avg)
  • 1.5% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Neighborhoods in Salt Lake City

Name Median ZHVI
Downtown Salt Lake City $266,800
Capitol Hill $252,000
Liberty Wells $213,200
Name Median ZHVI
Central City-Liberty Wells $194,300
Central City $175,400
People's Freeway $159,400
Name Median ZHVI
Rose Park $144,000
Fairpark $139,100
Glendale $138,100

Listings & Sales

  • No data
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Salt Lake City Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,381 Salt Lake City
    $1,446 Salt Lake City Metro
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $1,285 Rent list price
  • $1.12 Rent list price / sq ft
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