Salt Lake City Home Prices & Values

$228,700 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 5.6% 1-year change
  • 1.5% 1-year forecast

The median home value in Salt Lake City is $228,700. Salt Lake City home values have gone up 5.6% over the past year and Zillow predicts they will rise 1.5% within the next year. The median price of homes currently listed in Salt Lake City is $299,700. The median rent price in Salt Lake City is $959, which is lower than the Salt Lake City Metro median of $1,150.

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 2.1%, which is lower than the national value of 6.9%.

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Relative ZHVI
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Salt Lake City Market Overview

Data through Jul 31, 2014
  • $228,700 ZHVI
  • 1.5% 1-yr forecast What's This?  
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    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, 2015)
  • $299,700 Median listing price
  • No data Median sale price
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Salt Lake City Market Health

Data through Jul 31, 2014
  • 4.6/10 Stable What's This?  
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    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 (17.0% US Avg)
  • 2.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Neighborhoods in Salt Lake City

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Downtown Salt Lake City $275,200 East Central $251,900 Liberty Wells $197,900
Central City-Liberty Wells $180,700 Central City $166,600 Rose Park $139,000
Jordan Meadows $135,400 Glendale $133,400 Fairpark $130,500

Listings & Sales

Data through Jul 31, 2014
  • $207 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 44.9% Listings with price cut
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Salt Lake City Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,323 Salt Lake City
$1,368 Salt Lake City Metro
$1,318 United States
  • No data Breakeven horizon
  • $959 Rent list price
  • $1.11 Rent list price / sq ft
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