Salt Lake City, UT metro area Housing Market
Warm MarketComprehensive housing market data for the Salt Lake City, UT metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$540K
↑ 4.2% YoY
Days on Market
41 days
– 0.0% YoY
Active Inventory
3,120
↑ 5.3% YoY
Homes Sold
1,137
↑ 5.9% YoY
Warm Market
The market is active with moderate buyer demand.
Salt Lake City, UT metro area Market Summary
The Salt Lake City, UT metro area housing market is heating up. As of March 2026, the median home sale price is $540K, up 4.2% year-over-year. Homes are spending a median of 41 days on the market, 0.0% shorter than a year ago.
There are 3,120 homes for sale — 5.3% more than last year. With 2.7 months of supply, this is a seller's market. 1,605 new listings were added during this period, up 5.0% year-over-year.
Homes are selling for 99.1% of their list price on average, suggesting room for negotiation. 26.9% of homes sell above their asking price. 30.5% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
62
Contributing Factors
How This Market Compares
vs. National Median
vs. Utah Median
Investor Takeaway
A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.
Salt Lake City, UT metro area Market Trends
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Detailed Market Metrics
Median List Price
$559K
Price per Sq Ft
$255
Sale-to-List Ratio
99.1%
Months of Supply
2.7
Sold Above List
26.9%
Price Drops
30.5%
New Listings
1,605
↑ 5.0% YoY
Pending Sales
1,513
Off Market in 2 Weeks
41.8%
Other Markets in Utah
Provo, UT metro area
$530K · 55d on market
Ogden, UT metro area
$475K · 46d on market
Heber, UT metro area
$1.55M · 71d on market
St. George, UT metro area
$550K · 51d on market
Logan, UT metro area
$445K · 71d on market
Cedar City, UT metro area
$440K · 76d on market
Vernal, UT metro area
$349K · 65d on market
Price, UT metro area
$300K · 86d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.