Market Report

Salt Lake City, UT · 84101

What homes have been selling for in Salt Lake City ZIP 84101 over the last 12 months. Based on 77 closed sales. Updated August 17, 2026.

What’s happening

Reading the latest sales…

Typical sale price

$516k

-1.7%vs last year

Days to sell

96 days

+25.2dvs last year

Homes sold (12 mo.)

77

Right now in Salt Lake City 84101

How homes are moving in this area, based on the latest 12 months of closed sales.

Days on market

96 days

Homes taking longer

Listings are sitting on the market longer than usual - buyers have time to evaluate.

List-to-sale price

92.3%

Room to negotiate

Buyers commonly close below original list price after negotiation.

Months of inventory

7.8 mo

Plenty of choice

More homes are available than buyers - sellers may need patience, buyers have options.

Recently sold nearby

The 8 most recent closings that look like your home. What similar properties actually sold for is the strongest anchor for what buyers will pay now - and where you should price to move.

Buy vs Rent in 84101

Renting tends to outpace buying over the next 15 years at today's prices and rates.

If you buy

$3,650/mo

If you rent

$1,336/mo

Assumes 20% down, 7% mortgage, 3.5% appreciation, 4% rent growth, 5% investment return on the alternative. Includes property tax, insurance, maintenance, and 8% selling costs at exit. Talk to an agent for your specific numbers.

Long-term market change

Typical home value (5-year window) with month-over-month change.

+8.6%

since Jun 2021

Biggest jump Jun 2021 (+1.9%) · Biggest drop Sep 2022 (-1.5%)

Value in Jun 2021

$456k

Peak (Jun 2022)

$542k

Today

$495k

Activity by month

Average homes sold and new listings hitting the market each calendar month, pooled across all years.

Most sales in May · Most new listings in Apr

When homes sell fastest

Average days to sell by month, pooled across every year. Lower = faster.

May fastest · Jan slowest

Neighborhood Demographics · 84101

Population

8,329

Median Income

$70,391

Median Home Value

$541,100

Median Rent

$1,336

3.0% gross yield

Homeownership

23.1%

1,118 own · 3,732 rent

Housing Units

5,605

13.5% vacant

College Educated

51.3%

Bachelor's or higher

Median Age

33.3

15% poverty rate

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

Other Utah markets

Nearby ZIPs in Salt Lake City and other high-activity areas.

See all

Salt Lake City · 84121

455 sold · $749k median

Salt Lake City · 84106

440 sold · $600k median

Salt Lake City · 84118

370 sold · $435k median

Salt Lake City · 84103

319 sold · $735k median

Salt Lake City · 84105

314 sold · $768k median

Salt Lake City · 84109

264 sold · $830k median

Saratoga Springs · 84045

1,602 sold · $490k median

Eagle Mountain · 84005

1,365 sold · $500k median

Herriman · 84096

1,209 sold · $578k median

Tooele · 84074

1,019 sold · $450k median

Ogden · 84404

927 sold · $415k median

Lehi · 84043

926 sold · $585k median

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