Market Report
Salt Lake City, UT · 84109
What homes have been selling for in Salt Lake City ZIP 84109 over the last 12 months. Based on 270 closed sales. Updated August 15, 2026.
What’s happening
Reading the latest sales…
Typical sale price
$828k
Days to sell
50 days
Homes sold (12 mo.)
270
Right now in Salt Lake City 84109
How homes are moving in this area, based on the latest 12 months of closed sales.
50 days
Homes taking longer
Listings are sitting on the market longer than usual - buyers have time to evaluate.
95.7%
Room to negotiate
Buyers commonly close below original list price after negotiation.
3.1 mo
Balanced market
Supply and demand are roughly in line - both sides have room to negotiate.
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 84109
Renting tends to outpace buying over the next 15 years at today's prices and rates.
If you buy
$5,852/mo
If you rent
$1,584/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.
+19.1%
since Jun 2021
Biggest jump Mar 2022 (+2.9%) · Biggest drop Sep 2022 (-2%)
Value in Jun 2021
$692k
Peak (Jun 2026)
$824k
Today
$824k
Activity by month
Average homes sold and new listings hitting the market each calendar month, pooled across all years.
Most sales in Jul · Most new listings in Jun
When homes sell fastest
Average days to sell by month, pooled across every year. Lower = faster.
Apr fastest · Dec slowest
Neighborhood Demographics · 84109
25,879
$136,823
$679,000
$1,584
2.8% gross yield
79.4%
7,080 own · 1,834 rent
9,829
9.3% vacant
68.7%
Bachelor's or higher
35.8
4.7% 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.