Salt Lake County 2020 3rd Quarter Median Home Prices
Summary of how the Salt Lake County Utah housing market performed in the 3rd quarter 2020.
2020 3rd Quarter Housing Market Update
The Salt Lake Housing Market powered ahead in the 3rd quarter, pushing up the median home sales price more than 10% to stand at $384,000. While COVID depressed the number of sales in the 2nd quarter, the 3rd quarter rebounded with 5840 properties sold, that's an increase of 12.74% over the same time last year. Homes also sold fast, taking a median of just 11 days to go under contract
Single Family Home Sales
All indicators pointed to a strong single-family home market in the 3rd quarter. Median sales prices roared ahead 11.81% to $431,574, total sales increased 10.94% with 4158 homes sold, and 'days on market' plummeted 54% to stand at just 10 days.
Condo Home Sales
While condo sales prices did not perform quite as well as single-family homes, they still improved 8.44% to sit at $249,700. The number of condominiums sold increased by 13.53% with 646 units sold and the time taken to sell a condo (days on market) fell 30% to 14 days.
| Zip Code | City | Property Type | Median Price | Percentage Change |
|---|---|---|---|---|
| 84009 * | South Jordan | Single Family | $480,500 | up 6.80% |
| 84009 * | South Jordan | Condo | $221,000 | N/A |
| 84020 | Draper | Single Family | $658,000 | up 16.46% |
| 84020 | Draper | Condo | $296,000 | N/A |
| 84044 | Magna | Single Family | $310,000 | up 13.14% |
| 84044 | Magna | Condo | $158,746 | N/A |
| 84047 | Midvale | Single Family | $387,000 | up 15.52% |
| 84047 | Midvale | Condo | $219,685 | down 2.36% |
| 84065 | Riverton | Single Family | $479,055 | up 3.02% |
| 84065 | Riverton | Condo | $329,000 | N/A |
| 84070 | Sandy | Single Family | $391,700 | up 13.54% |
| 84070 | Sandy | Condo | $244,000 | up 10.43% |
| 84084 | West Jordan | Single Family | $369,900 | up 15.59% |
| 84084 | West Jordan | Condo | $237,525 | up 8.46% |
| 84088 | West Jordan | Single Family | $415,000 | up 18.53% |
| 84088 | West Jordan | Condo | $359,000 | N/A |
| 84092 | Sandy | Single Family | $578,250 | up 4.76% |
| 84092 | Sandy | Condo | $685,000 | N/A |
| 84093 | Sandy | Single Family | $582,500 | up 18.88% |
| 84093 | Sandy | Condo | $485,000 | N/A |
| 84094 | Sandy | Single Family | $405,000 | up 10.96% |
| 84094 | Sandy | Condo | $257,800 | N/A |
| 84095 | South Jordan | Single Family | $547,000 | up 7.25% |
| 84095 | South Jordan | Condo | $211,000 | N/A |
| 84096 | Herriman | Single Family | $472,000 | up 7.73% |
| 84096 | Herriman | Condo | $259,900 | up 12.32% |
| 84101 | Salt Lake City | Single Family | $320,000 | N/A |
| 84101 | Salt Lake City | Condo | $377,000 | up 4.72% |
| 84102 | Salt Lake City | Single Family | $574,900 | up 32.09% |
| 84102 | Salt Lake City | Condo | $286,622 | up 16.45% |
| 84103 | Salt Lake City | Single Family | $638,225 | down 0.79% |
| 84103 | Salt Lake City | Condo | $270,000 | down 1.82% |
| 84104 | Salt Lake City | Single Family | $285,500 | up 11.09% |
| 84104 | Salt Lake City | Condo | $134,800 | N/A |
| 84105 | Salt Lake City | Single Family | $499,900 | down 0.52% |
| 84105 | Salt Lake City | Condo | $265,000 | N/A |
| 84106 | Salt Lake/Millcreek | Single Family | $482,500 | up 19.45% |
| 84106 | Salt Lake/Millcreek | Condo | $260,000 | up 8.33% |
| 84107 | Murray | Single Family | $408,000 | up 14.13% |
| 84107 | Murray | Condo | $210,000 | up 7.97% |
| 84108 | Salt Lake City | Single Family | $669,673 | up 8.01% |
| 84108 | Salt Lake City | Condo | $393,900 | N/A |
| 84109 | Millcreek | Single Family | $590,000 | up 17.30% |
| 84109 | Millcreek | Condo | $251,500 | N/A |
| 84111 | Salt Lake City | Single Family | $380,000 | up 16.76% |
| 84111 | Salt Lake City | Condo | $295,000 | up 28.26% |
| 84115 | South Salt Lake | Single Family | $350,000 | up 1.45% |
| 84115 | South Salt Lake | Condo | $235,000 | up 5.38% |
| 84116 | Salt Lake City | Single Family | $333,000 | up 9.18% |
| 84116 | Salt Lake City | Condo | $142,500 | N/A |
| 84117 | Holladay | Single Family | $649,900 | up 23.79% |
| 84117 | Holladay | Condo | $245,000 | up 15.02% |
| 84118 | Taylorsville/Kearns | Single Family | $312,000 | up 13.45% |
| 84118 | Taylorsville/Kearns | Condo | $158,000 | N/A |
| 84119 | West Valley City | Single Family | $315,000 | up 9.20% |
| 84119 | West Valley City | Condo | $212,000 | up 12.47% |
| 84120 | West Valley City | Single Family | $320,000 | up 10.34% |
| 84120 | West Valley City | Condo | $154,500 | N/A |
| 84121 | Cottonwood | Single Family | $578,000 | up 21.34% |
| 84121 | Cottonwood | Condo | $341,250 | up 28.29% |
| 84123 | Taylorsville/Murray | Single Family | $393,000 | up 3.76% |
| 84123 | Taylorsville/Murray | Condo | $212,500 | up 24.27% |
| 84124 | Holladay | Single Family | $597,000 | up 11.17% |
| 84124 | Holladay | Condo | $259,500 | N/A |
| 84128 | West Valley City | Single Family | $349,950 | up 14.74% |
| 84128 | West Valley City | Condo | $303,250 | N/A |
| 84129 | Taylorsville | Single Family | $349,950 | up 12.89% |
| 84129 | Taylorsville | Condo | $167,900 | NA |