Home Values

Salt Lake City Metro 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

$224,400

  • -1.6% 1-year change
  • 3.3% 1-year forecast

The median home value in Salt Lake City Metro is $224,400. Salt Lake City Metro home values have declined -1.6% over the past year and Zillow predicts they will rise 3.3% within the next year. The median rent price in Salt Lake City Metro is $1,195, which is higher than the Utah median of $1,050.

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 Metro is 2.5%, which is lower than the national value of 6.0%.

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Relative ZHVI
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Salt Lake City Metro Market Overview

Data through May 31, 2015
  • $224,400 ZHVI
  • 3.3% 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
    (May 31, 2016)
  • No data Median listing price
  • No data Median sale price
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Salt Lake City Metro Market Health

Data through May 31, 2015
  • No recent data Healthy
  • 76 Average days on Zillow (Apr 30, 2015)
  • No data Homes with negative equity (15.4% US Avg)
  • 2.5% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Cities in Salt Lake City Metro

Name Median ZHVI
Draper $367,800
South Jordan $316,300
Riverton $279,500
Name Median ZHVI
Sandy $275,900
Salt Lake City $244,700
Murray $219,900
Name Median ZHVI
West Jordan $219,800
Taylorsville $180,900
West Valley City $164,400

Listings & Sales

  • No data
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Salt Lake City Metro Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,450 Salt Lake City Metro
    $1,385 Utah
    $1,367 United States

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

  • 2.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,195 Rent list price
  • $1.02 Rent list price / sq ft
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