Market Report
Salt Lake City, UT · 84108
What homes have been selling for in Salt Lake City ZIP 84108 over the last 12 months. Based on 244 closed sales. Updated August 15, 2026.
What’s happening
Reading the latest sales…
Typical sale price
$950k
Days to sell
56 days
Homes sold (12 mo.)
244
Right now in Salt Lake City 84108
How homes are moving in this area, based on the latest 12 months of closed sales.
56 days
Homes taking longer
Listings are sitting on the market longer than usual - buyers have time to evaluate.
94.4%
Room to negotiate
Buyers commonly close below original list price after negotiation.
2.9 mo
Tight inventory
Homes are selling quickly - sellers can expect strong activity, buyers should be ready to move.
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 84108
Renting tends to outpace buying over the next 15 years at today's prices and rates.
If you buy
$6,719/mo
If you rent
$1,562/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.
+20.6%
since Jun 2021
Biggest jump Mar 2022 (+2.7%) · Biggest drop Sep 2022 (-2.1%)
Value in Jun 2021
$797k
Peak (Jun 2026)
$961k
Today
$961k
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 May
When homes sell fastest
Average days to sell by month, pooled across every year. Lower = faster.
Jun fastest · Feb slowest
Neighborhood Demographics · 84108
21,951
$120,469
$759,800
$1,562
2.5% gross yield
77.1%
5,944 own · 1,761 rent
8,258
6.7% vacant
77.6%
Bachelor's or higher
34
9.1% 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.