Market Report
Salt Lake City, UT · 84121
What homes have been selling for in Salt Lake City ZIP 84121 over the last 12 months. Based on 473 closed sales. Updated May 3, 2026.
What’s happening
Reading the latest sales…
Typical sale price
$760k
Days to sell
53 days
Homes sold (12 mo.)
473
Right now in Salt Lake City 84121
How homes are moving in this area, based on the latest 12 months of closed sales.
53 days
Homes taking longer
Listings are sitting on the market longer than usual - buyers have time to evaluate.
96.3%
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 84121
Renting tends to outpace buying over the next 15 years at today's prices and rates.
If you buy
$5,375/mo
If you rent
$1,732/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.
+20.0%
since Jun 2021
Biggest jump Jun 2021 (+2.5%) · Biggest drop Sep 2022 (-1.6%)
Value in Jun 2021
$629k
Peak (Feb 2026)
$758k
Today
$755k
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 Jul
When homes sell fastest
Average days to sell by month, pooled across every year. Lower = faster.
May fastest · Jan slowest
Neighborhood Demographics · 84121
39,204
$114,912
$614,500
$1,732
3.4% gross yield
74.3%
11,387 own · 3,946 rent
16,669
8% vacant
52.3%
Bachelor's or higher
40.1
6.5% 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.