What's Your Salt Lake City Home Worth?
Get a free, no-obligation valuation of your Salt Lake City home from a local expert — not an automated guess. We price it against the homes actually selling in your neighborhood right now.
- Comparable sales from your part of Salt Lake City
- A price range and a strategy for your timeline
- A short call, video or in-person visit
- No obligation, no listing pressure
Request your Salt Lake City home valuation
A local agent reviews it personally and sends your number — usually same day.
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A Salt Lake City agent is preparing your home value now. Watch your email and phone.
Salt Lake City home values right now
What Salt Lake City homes are actually selling for
The quickest way to sanity-check any number you've seen for your house is to look at what the market is doing now. These figures come from closed sales in the MLS and refresh automatically.
169 residential sales closed in October 2026. Typical asking price today: $530,000. 967 homes for sale. Year-over-year compares October 2026 with the same month last year.
Are Salt Lake City home prices dropping?
No. The median sale price is up about 5.0% from the same month a year ago. One month's median moves with whichever homes happened to sell, so read it as a direction, not a precise change for your home. Rising medians still don't lift every home equally, so your own comparable sales matter more than the citywide number.
Is Salt Lake City a buyer's or seller's market?
With about 5.7 months of supply, the market is roughly balanced. Under about four months usually favors sellers; over six favors buyers. Homes are closing at about 97.7% of list price, so most sellers are negotiating a little, not taking big cuts. The citywide number hides a lot. A move-in-ready home in a popular neighborhood can still draw quick offers while a dated one nearby waits, and that gap is what a home-by-home analysis is for.
Median sale prices by neighborhood in Salt Lake City
| Neighborhood | Median sale price | Homes sold | For sale now |
|---|---|---|---|
| Sugarhouse | $685,000 | 340 | 76 |
| Capitol | $510,000 | 305 | 166 |
| Avenues | $600,000 | 266 | 120 |
| Arlington | $861,000 | 67 | 26 |
| Rose Park | $475,000 | 66 | 25 |
| Yale | $1,170,000 | 52 | 9 |
| Glendale | $385,000 | 51 | 6 |
| Hoffman | $406,000 | 50 | 11 |
| Marmalade | $450,000 | 46 | 23 |
| Mt Olympus | $1,005,000 | 43 | 6 |
Closed residential sales over the last 12 months, from the MLS. Neighborhoods with fewer than five sales aren't shown. Area medians are a starting point, not an answer: two homes on the same street can sell far apart once size, lot, layout and condition are counted, and a median moves with whatever mix of homes happened to sell.
Selling a home in Salt Lake City
Salt Lake City prices change block by block. A bungalow in Sugar House, a Victorian in the Avenues, a Tudor in Yalecrest and a starter home in Rose Park are all Salt Lake City homes, and the neighborhood table above shows how far apart they sell. A citywide median tells you very little about one house. The comparable sales that matter are usually within a few blocks, in the same style and era.
Much of the city's housing is older, and that shapes how buyers judge value. They look closely at the age of the electrical and plumbing, the sewer line, the foundation and the roof, and they pay noticeably more for older homes where that work is already done and documented. Character still sells. Original woodwork, a front porch and a walkable street can carry a real premium, as long as the systems behind them are sound.
Some homes with a Salt Lake City mailing address sit outside the city limits, in areas like Mt. Olympus Hills, Canyon Rim and Emigration Oaks. Schools, taxes and zoning can differ there, so a valuation needs comparables from the same side of the line. A CMA from a local agent sorts that out before a buyer's appraiser does.
From a person, not an algorithm
What you get with a free Salt Lake City home valuation
A real comparative market analysis from a local agent, the same document we'd prepare for a client deciding whether to list.
Comparable sales
Recent closed sales and active listings near you in Salt Lake City, pulled from the same MLS data an appraiser will use.
A price range and a strategy
A realistic range with the reasoning behind it, and the trade-off between pricing to sell quickly and testing the top of the range.
A short consult
Phone, video or in person, your pick. A conversation about your timeline and options, with no obligation to list.
The method
How we figure out what your Salt Lake City home is worth
A comparative market analysis answers one question: what will a ready buyer pay for this home right now? It's the same way an appraiser will look at your home if the buyer finances the purchase.
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1
Pull the right closed sales
Utah is a non-disclosure state, so sale prices aren't in public records. We start with closed MLS sales, ideally from your own neighborhood in Salt Lake City, from the last three to six months, and close to your home in size, age and style. In a slow pocket we look farther out or farther back, and we tell you when we did.
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2
Adjust for what's different
No comparable sale is identical. We adjust each one for living area, basement finish, lot, garage, views, age and updates. A comp with a brand-new kitchen sold for more than a home without one will, and we account for it.
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3
Read the competition
Closed sales show what happened. Active and pending listings show what a buyer will compare you with next weekend, and expired listings show the prices buyers turned down.
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4
Land on a range, then a strategy
You get a realistic price range, a likely sale price and an expected time on market. Then we talk through how to use it, so you know the trade-off before you decide.
Local factors
What moves home values in Salt Lake City
National valuation tools treat a square foot the same everywhere. Buyers here don't. These are the details that most often separate two Salt Lake City homes that look identical on paper.
The exact neighborhood and street
East bench streets near the foothills, walkable pockets like 9th & 9th and Sugar House, and the west side all sell to different buyers at different prices. A busy street, a corner on a commercial strip or a quiet tree-lined block can move a value more than an extra bedroom.
Age of the house and what's been updated
Buyers and inspectors look hard at older wiring, galvanized or older plumbing, the sewer lateral and foundation cracks. Replacing them doesn't show in photos, but it shows in offers. Keep receipts and permits, because "updated in 2019" is worth more with paperwork behind it.
Basement apartments and ADUs
Salt Lake City allows accessory dwelling units citywide, with an owner living in the main house or the ADU. A permitted basement apartment or backyard ADU can add rental income and value. An unpermitted one can become a negotiation point, so know which you have before pricing.
Historic district rules
The Avenues, Capitol Hill, Central City, the University district and parts of Yalecrest are local historic districts, where exterior changes need city review. Buyers value the protected character, but some also price in the limits on additions and window replacements.
Nightly rental rules
Since July 1, 2026, rentals under 30 days aren't allowed in Salt Lake City's residential zones, and licensed short-term rentals are limited to certain mixed-use and commercial zones, with a 200-night yearly cap. If a home's value was built on nightly rental income, that number has to come out of the price.
Walkability and transit
Being able to walk to shops and restaurants, or to TRAX, the S-Line streetcar or FrontRunner, matters to many city buyers. Homes within an easy walk of a station or a busy neighborhood district usually draw more interest than similar homes a mile away.
Parking and garages
Many older lots have a single-car garage, a carport or street parking only. A two-car garage, a long driveway or alley access is a real advantage in the older neighborhoods.
Brick homes and earthquake readiness
Salt Lake City sits on the Wasatch Fault, and the 2020 Magna earthquake reminded buyers of it. Some buyers ask about older brick construction and whether any seismic work has been done. If yours has been retrofitted, say so and have the records ready.
Know which number you're looking at
Online estimate, CMA or appraisal?
You can get a number for your house in ten seconds from Zillow, Redfin or Realtor.com, and it's a fine place to start. Just know what's behind it. Automated estimates read public records and listing data, and here they often can't see what homes actually sold for. They also can't see your remodeled kitchen, your finished basement or the view from your back patio.
| Online estimate | CMA from a local agent | Appraisal | |
|---|---|---|---|
| Who prepares it | An algorithm | A licensed agent who knows the area | A licensed appraiser |
| What it sees | Public records and listing data | MLS sales, current competition, your home's condition and updates | Closed sales and an inspection of the home |
| Cost | Free | Free | Usually several hundred dollars |
| Turnaround | Instant | Usually within one business day | About a week or more |
| Best for | A rough idea | Deciding whether, when and at what price to sell | A mortgage, refinance, estate or legal matter |
One more number you'll see is the county assessor's market value on your valuation notice. It's set as of January 1 for tax purposes, and a primary residence is taxed on 55% of it because of Utah's 45% residential exemption. It's useful, but it isn't a sale price, so don't price your home from your tax notice.
Before you list
Getting the most for your Salt Lake City home
The best return usually comes from the unglamorous work, not a rushed remodel.
- Service the HVAC. Inspectors check heating and cooling first. A recent service record makes buyers more confident.
- Clean up the outside. Trimmed trees, fresh mulch or rock and working sprinklers are a cheap way to improve the first photo.
- Paint and light. Fresh neutral paint and bright bulbs do more for photos and showings than almost anything else at the same cost.
- Fix the small items now. Leaky faucets, cracked tile and worn caulking show up in inspection reports and turn into repair requests.
- Gather your paperwork. HOA documents, any solar agreement, warranties, permits for a finished basement or addition, and records of upgrades answer buyer questions before they turn into negotiation.
- Skip the big remodel. A new kitchen right before listing rarely pays back in full. We'll tell you which updates are worth it for your price range.
Not selling yet? Other good reasons to know your value
Plenty of the valuations we prepare are for owners who aren't listing at all. Knowing what your home would sell for helps when you're:
- • Considering a refinance or HELOC, so you know roughly how much equity you have before a lender orders an appraisal.
- • Deciding whether to sell or rent it out, by putting the likely sale price next to what the home could rent for.
- • Handling an estate, a divorce or a relocation, where everyone needs a realistic number. A court or lender will usually still require a formal appraisal.
- • Planning a move up or down, so you can see what you could afford next before you start shopping.
Salt Lake City home value FAQs
How much is my home worth in Salt Lake City? +
Are home prices going down in Salt Lake City? +
How long does it take to sell a house in Salt Lake City? +
Does a basement apartment or ADU add value in Salt Lake City? +
Can I rent my Salt Lake City home as a short-term rental? +
Does being in a historic district change my home's value? +
Homes by school in Salt Lake City
Buyers often value a home by its attendance area. See what's for sale near Salt Lake City schools.
Home values in nearby cities
Ready to know what your Salt Lake City home is worth?
A local expert valuation beats any online estimate — and it's free.
Market figures are sourced from the Regional Multiple Listing Service and refreshed regularly; information is deemed reliable but not guaranteed and should be independently verified. A home valuation is an estimate, not an appraisal.