Is Salt Lake City, UT 84117 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Salt Lake City is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score39/ 100

More competitive than 38% of U.S. ZIP codes, and #67 of 110 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5.5Under 4 months = seller’s market
Sold above original list18.3%Share of sales, last 3 months
Median sale-to-list98.2%Sold price ÷ list price
Median days on market38Listing to accepted offer
Median price per sq ft$314▲ +0.0% vs. last year

Nearby markets

Bingham Canyon 84006Seller’s market $227 /sq ftDraper 84020Balanced $253 /sq ftHerriman 84096Seller’s market $216 /sq ftMagna 84044Seller’s market $231 /sq ft Browse all markets →

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