Is Salt Lake City, UT 84104 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Salt Lake City is a seller’s market. With about 2.8 months of supply and 19% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.8Under 4 months = seller’s market

Sold above original list19.1%Share of sales, last 3 months

Median sale-to-list99.4%Sold price ÷ list price

Median days on market31Listing to accepted offer

Median price per sq ft$309▲ +3.0% vs. last year

Run the numbers for 84104

Prefilled for 84104Can I win this house?Multiple-offer likelihood for a listing Prefilled for 84104Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bingham Canyon 84006Seller’s market $227 /sq ft Draper 84020Balanced $253 /sq ft Herriman 84096Seller’s market $216 /sq ft Magna 84044Seller’s market $231 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology