Salt Lake County 2020 Annual Median Home Prices
Summary of how the Salt Lake County Utah housing market performed in the 2020.
2020 Annual Housing Market Update
2020 turned out to be another strong year for the Salt Lake county housing market. The market brushed aside COVID-19 to record more record home prices. The median sales price for a property in 2020 increased 10.53% to stand at $378,000. The number of sales increased 5.58% and days-on-market plummeted to just 12 days.
Single Family Home Sales
The single-family home property market continued its upward momentum in 2020. Median sales price popped 11.84% to $425,000. This upward pressure on prices was not helped by fewer listings coming onto the market, which declined 8% compared to 2019. Even wth fewer listings there were more sales which climed 3.48%.
Condo Home Sales
While new listings for single-family homes were down, this was certainly not true for condos, where there were 19.29% more listings in 2020. Condo sales prices increased 9.73% to stand at $250,000 and days on market dropped 21.05% to 15 days.
| Zip Code | City | Property Type | Median Price | Percentage Change |
|---|---|---|---|---|
| 84009 * | South Jordan | Single Family | $476,169 | up 6.05% |
| 84009 * | South Jordan | Condo | $222,000 | up 8.65% |
| 84020 | Draper | Single Family | $625,000 | up 9.65% |
| 84020 | Draper | Condo | $282,000 | up 3.91% |
| 84044 | Magna | Single Family | $310,000 | up 16.98% |
| 84044 | Magna | Condo | $167,000 | up 7.74% |
| 84047 | Midvale | Single Family | $375,900 | up 17.38% |
| 84047 | Midvale | Condo | $219,950 | up 11.17% |
| 84065 | Riverton | Single Family | $499,900 | up 14.92% |
| 84065 | Riverton | Condo | $288,887 | up 25.60% |
| 84070 | Sandy | Single Family | $390,000 | up 11.83% |
| 84070 | Sandy | Condo | $241,000 | up 7.11% |
| 84084 | West Jordan | Single Family | $365,000 | up 13.26% |
| 84084 | West Jordan | Condo | $240,000 | up 9.14% |
| 84088 | West Jordan | Single Family | $400,000 | up 14.45% |
| 84088 | West Jordan | Condo | $334,400 | up 11.47% |
| 84092 | Sandy | Single Family | $640,000 | up 23.43% |
| 84092 | Sandy | Condo | $680,000 | N/A |
| 84093 | Sandy | Single Family | $550,000 | up 9.13% |
| 84093 | Sandy | Condo | $364,000 | N/A |
| 84094 | Sandy | Single Family | $396,750 | up 10.52% |
| 84094 | Sandy | Condo | $240,000 | up 1.65% |
| 84095 | South Jordan | Single Family | $560,000 | up 12% |
| 84095 | South Jordan | Condo | $372,300 | up 11.13% |
| 84096 | Herriman | Single Family | $460,952 | up 7.2% |
| 84096 | Herriman | Condo | $257,000 | up 14.15% |
| 84101 | Salt Lake City | Single Family | $301,700 | up 13.78% |
| 84101 | Salt Lake City | Condo | $357,500 | up 8.33% |
| 84102 | Salt Lake City | Single Family | $485,500 | up 15.46% |
| 84102 | Salt Lake City | Condo | $275,900 | up 10.58% |
| 84103 | Salt Lake City | Single Family | $700,000 | up 13.67% |
| 84103 | Salt Lake City | Condo | $270,000 | down 0.74% |
| 84104 | Salt Lake City | Single Family | $284,900 | up 11.73% |
| 84104 | Salt Lake City | Condo | $135,000 | up 17.39% |
| 84105 | Salt Lake City | Single Family | $515,500 | up 5.10% |
| 84105 | Salt Lake City | Condo | $241,900 | N/A |
| 84106 | Salt Lake/Millcreek | Single Family | $453,500 | up 12.74% |
| 84106 | Salt Lake/Millcreek | Condo | $255,000 | up 10.87% |
| 84107 | Murray | Single Family | $401,500 | up 15.31% |
| 84107 | Murray | Condo | $202,750 | up 6.01% |
| 84108 | Salt Lake City | Single Family | $675,000 | up 4.17% |
| 84108 | Salt Lake City | Condo | $365,000 | down 9.87% |
| 84109 | Millcreek | Single Family | $560,000 | up 14.29% |
| 84109 | Millcreek | Condo | $242,500 | down 3.88% |
| 84111 | Salt Lake City | Single Family | $387,000 | up 17.91% |
| 84111 | Salt Lake City | Condo | $277,250 | up 10.02% |
| 84115 | South Salt Lake | Single Family | $358,425 | up 11.31% |
| 84115 | South Salt Lake | Condo | $288,120 | up 27.21% |
| 84116 | Salt Lake City | Single Family | $330,000 | up 13.11% |
| 84116 | Salt Lake City | Condo | $135,000 | up 0.37% |
| 84117 | Holladay | Single Family | $622,500 | up 22.78% |
| 84117 | Holladay | Condo | $255,000 | up 17.78% |
| 84118 | Taylorsville/Kearns | Single Family | $307,750 | up 12.11% |
| 84118 | Taylorsville/Kearns | Condo | $159,000 | N/A |
| 84119 | West Valley City | Single Family | $306,500 | up 7.64% |
| 84119 | West Valley City | Condo | $212,000 | up 13.07% |
| 84120 | West Valley City | Single Family | $320,000 | up 10.73% |
| 84120 | West Valley City | Condo | $245,000 | up 9.16% |
| 84121 | Cottonwood | Single Family | $531,750 | up 14.37% |
| 84121 | Cottonwood | Condo | $294,500 | up 17.10% |
| 84123 | Taylorsville/Murray | Single Family | $390,000 | up 4.42% |
| 84123 | Taylorsville/Murray | Condo | $210,000 | up 21.74% |
| 84124 | Holladay | Single Family | $600,000 | up 10.09% |
| 84124 | Holladay | Condo | $347,000 | up 21.75% |
| 84128 | West Valley City | Single Family | $341,500 | up 11.97% |
| 84128 | West Valley City | Condo | $235,000 | down 6% |
| 84129 | Taylorsville | Single Family | $341,000 | up 11.80% |
| 84129 | Taylorsville | Condo | $162,500 | down 5.80% |