Salt Lake County 3rd Quarter 2023 Median Home Prices
Summary of how the Salt Lake County Utah housing market performed in the 3rd quarter of 2023.
3rd Quarter 2023 Housing Market Update
Given the current level of interest rates, the Salt Lake County real estate market remains surprisingly resilient. The median sales price for a home was pretty much flat in the quarter, falling less than 1% with a price of $520,000. The number of homes sold did decline in the quarter, dropping 9.26%, while the days on market remained flat at 20 days.
Single Family Home Sales
Single-family home prices actually increased in the 3rd quarter, climbing 0.83% to $605,000. This was on the back of declining home sales which dropped 11.78% while days on market ticked up slightly to 22 days.
Condo Home Sales
While single-family homes went up slightly, condo prices did the reverse with a small 1.11% drop in sales price. The median sales price for a condo stood at $355,000, but on the positive side condos did sell 10% faster taking a median of 18 days to go under contract.
| Zip Code | City | Property Type | Median Price | Percentage Change |
|---|---|---|---|---|
| 84009 * | South Jordan | Single Family | $652,500 | down 6.65% |
| 84009 * | South Jordan | Condo | $382.400 | up 4.77% |
| 84020 | Draper | Single Family | $855,000 | down 1.72% |
| 84020 | Draper | Condo | $419,900 | N/A |
| 84044 | Magna | Single Family | $470,000 | up 6.21% |
| 84044 | Magna | Condo | $263,000 | N/A |
| 84047 | Midvale | Single Family | $525,000 | up 5% |
| 84047 | Midvale | Condo | $337,000 | down 2.18% |
| 84065 | Riverton | Single Family | $690,978 | down 1.36% |
| 84065 | Riverton | Condo | $347,192 | N/A |
| 84070 | Sandy | Single Family | $549,000 | down 0.35% |
| 84070 | Sandy | Condo | $331,119 | down 5.39% |
| 84084 | West Jordan | Single Family | $515,000 | up 3% |
| 84084 | West Jordan | Condo | $327,000 | N/A |
| 84088 | West Jordan | Single Family | $552,500 | up 0.27% |
| 84088 | West Jordan | Condo | $516,000 | N/A |
| 84092 | Sandy | Single Family | $811,500 | down 0.58% |
| 84092 | Sandy | Condo | $1,050,000 | N/A |
| 84093 | Sandy | Single Family | $769,400 | down 5.29% |
| 84093 | Sandy | Condo | No Sales | N/A |
| 84094 | Sandy | Single Family | $518,200 | down 9.01% |
| 84094 | Sandy | Condo | $319,000 | N/A |
| 84095 | South Jordan | Single Family | $757,500 | down 3.8% |
| 84095 | South Jordan | Condo | $480,000 | N/A |
| 84096 | Herriman | Single Family | $659,000 | down 4.46% |
| 84096 | Herriman | Condo | $346,900 | down 8.95% |
| 84101 | Salt Lake City | Single Family | $336,700 | N/A |
| 84101 | Salt Lake City | Condo | $512,000 | up 5.03% |
| 84102 | Salt Lake City | Single Family | $640,000 | down 8.51% |
| 84102 | Salt Lake City | Condo | $355,000 | up 2.91% |
| 84103 | Salt Lake City | Single Family | $915,000 | up 7.46% |
| 84103 | Salt Lake City | Condo | $412,000 | up 0.49% |
| 84104 | Salt Lake City | Single Family | $415,000 | up 1.22% |
| 84104 | Salt Lake City | Condo | No Sales | N/A |
| 84105 | Salt Lake City | Single Family | $674,100 | down 3.01% |
| 84105 | Salt Lake City | Condo | No Sales | N/A |
| 84106 | Salt Lake/Millcreek | Single Family | $650,000 | up 8.33% |
| 84106 | Salt Lake/Millcreek | Condo | $382,500 | up 5.08% |
| 84107 | Murray | Single Family | $645,000 | up 12.57% |
| 84107 | Murray | Condo | $341,000 | up 13.67% |
| 84108 | Salt Lake City | Single Family | $834,000 | up 4.64% |
| 84108 | Salt Lake City | Condo | $566,500 | up 18.18% |
| 84109 | Millcreek | Single Family | $780,000 | up 6.41% |
| 84109 | Millcreek | Condo | $253,100 | N/A |
| 84111 | Salt Lake City | Single Family | $527,500 | up 10.59% |
| 84111 | Salt Lake City | Condo | $360,000 | up 8.27% |
| 84115 | South Salt Lake | Single Family | $450,000 | down 10% |
| 84115 | South Salt Lake | Condo | $302,500 | down 13.57% |
| 84116 | Salt Lake City | Single Family | $432,500 | down 3.89% |
| 84116 | Salt Lake City | Condo | $217,450 | N/A |
| 84117 | Holladay | Single Family | $831,424 | up 15.48% |
| 84117 | Holladay | Condo | $375,000 | No Change |
| 84118 | Taylorsville/Kearns | Single Family | $422,000 | down 1.86% |
| 84118 | Taylorsville/Kearns | Condo | $420,000 | N/A |
| 84119 | West Valley City | Single Family | $445,000 | up 3.21% |
| 84119 | West Valley City | Condo | $277,500 | down 14.62% |
| 84120 | West Valley City | Single Family | $452,450 | down 0.56% |
| 84120 | West Valley City | Condo | $312,450 | N/A |
| 84121 | Cottonwood | Single Family | $770,000 | up 4.05% |
| 84121 | Cottonwood | Condo | $360,000 | down 29.40% |
| 84123 | Taylorsville/Murray | Single Family | $572,000 | up 8.95% |
| 84123 | Taylorsville/Murray | Condo | $305,000 | No Change |
| 84124 | Holladay | Single Family | $810,000 | up 1.89% |
| 84124 | Holladay | Condo | $386,450 | N/A |
| 84128 | West Valley City | Single Family | $461,000 | down 0.86% |
| 84128 | West Valley City | Condo | $377,000 | N/A |
| 84129 | Taylorsville | Single Family | $481,500 | down 0.21% |
| 84129 | Taylorsville | Condo | $375,000 | N/A |