Salt Lake City, UT Real Estate Market Report

The median home price in Salt Lake City, UT is $599,154, having risen +1.6% over the past year, with homes selling in about 46 days on market. That is against a national 30-year mortgage rate of 6.47%.

Price and value

Zillow home-value data for Salt Lake City, UT runs from Nov 2025 through May 2026. Prices have risen +1.6% year over year, with the median now at $599,154.

$599,154
Median home price
+1.6%
Year-over-year
6.47%
30-yr mortgage (national)

Home value trend (Nov 2025 to May 2026)

Nov 2025May 2026

Market velocity

Homes in Salt Lake City, UT are spending about 46 days on market, with 3,234 active listings available to buyers.

46
Days on market
3,234
Active listings

Days on market trend (Nov 2025 to May 2026)

Nov 2025May 2026

Commercial and capital markets

On the commercial side, Salt Lake City, UT carries 143 securitized (CMBS) loans totaling $1,228,000,000 in outstanding balance.

143
CMBS loans
$1,228,000,000
CMBS loan volume

Local economy

The local labor market shows 3.7% unemployment against a median household income of $99,740.

3.7%
Unemployment rate
$99,740
Median household income
282
RIA firms
#24 nationally

Go deeper on Salt Lake City, UT

Browse live listings in this market or run a full property or area report.

Updated May 2026. Sources: Zillow, Realtor.com, SEC, Census/ACS, FRED.