MONEY GLOBE XSalt Lake City, UT housing market: home values, sales and rents
The typical home value in the Salt Lake City, UT metro area was $558,850 in September 2026, up 1.1% over a year and up 12.3% over five years. Across the United States the typical value was $366,157 (up 1.2% over a year). Homes sold at 99.5% of their asking price, with 4.0 months of supply on the market. Typical rent was $1,644 a month. Our simple reading of these numbers: buyer's market leaning.
Updated November 04, 2026.
Reading: Buyer's market leaning
The numbers
| Measure | Latest | 1-year change | As of |
|---|---|---|---|
| Typical home value | $558,850 | +1.1% | September 2026 |
| Typical value — lower-priced third | $420,880 | +0.2% | September 2026 |
| Typical value — higher-priced third | $831,373 | +2.7% | September 2026 |
| Median sale price | $545,000 | 0.0% | August 2026 |
| Median list price | $550,000 | -3.5% | September 2026 |
| Sale price vs asking price | 99.5% | -0.2 pts | August 2026 |
| Homes sold above asking | 23% | -2.9 pts | August 2026 |
| Homes sold (month) | 1,182 | -10.5% | September 2026 |
| New listings (month) | 1,280 | +2.3% | September 2026 |
| Homes for sale | 4,760 | +8.9% | September 2026 |
| Months of supply | 4.0 months | +0.7 | September 2026 |
| Sales-to-new-listings ratio | 92% | -13.2 pts | September 2026 |
| Days to an accepted offer (median) | 29 days | +3.0 | September 2026 |
| Typical rent (all homes) | $1,644 | +0.7% | September 2026 |
| Zillow market heat index strong buyer's market on Zillow's scale (0–100) | 21 | -5.0 | September 2026 |
Typical home value (Zillow Home Value Index)
What the numbers say
- Zillow market heat index 21 of 100: strong buyer's market on Zillow's scale (0–100).
- 4.0 months of supply: normal (3 to 6).
- The typical home sells at 99.5% of its asking price.
- Homes sold equal 92% of new listings this month, slower than this city's usual pace (112% on average since 2018).
- Typical home value up 1.1% over a year.
Source: Zillow Research (zillow.com/research/data).
Metro-area statistics from Zillow Research. The sales-to-new-listings ratio and months of supply are calculated by Money Globe X from Zillow's counts of homes sold, new listings and homes for sale.
Statistics for information and education only — not real estate, financial or investment advice. Figures are monthly or yearly averages for a whole metro area; a single home or neighbourhood can differ a lot.
Nearby: other places in UT
See every number, the price chart and download the PDF report in Money Globe X
Money Globe X opens soon. Free members get the live market board, the Market Screener and News & Global Markets. Join the waitlist for free lessons now and your invitation at launch.
Updated November 04, 2026. Sources: Zillow Research. Educational information only - not financial advice.