Salt Lake City, UT Housing Market
Market data powered by Zillow Research. Last updated: 2026-04-02
Salt Lake City, UT offers balanced conditions for buyers.
- •Prices are essentially flat (1.7% YoY) — good negotiating leverage for buyers.
- •Price-to-rent ratio: 29.1 — renting may be more affordable in the near term.
Median Home Value
$559,187
ZHVI
Year-over-Year
+1.7%
Price change
5-Year Change
+30.5%
Since 2021
Median Rent
$1,599/mo
ZORI
Active Listings
3,353
For sale
State Avg
$533,118
Utah
Home Value Trends
5-year Zillow Home Value Index for Salt Lake City, UT vs. state and national averages.
Rent Data
Median Rent
$1,599/mo
Rent YoY Change
-0.5%
Other Markets in Utah
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.