Salt Lake County Annual 2023 Median Home Prices

Summary of how the Salt Lake County Utah housing market performed in 2023.

Annual Salt Lake County Home Prices for 2023 Update text with home and piles of money

Annual 2023 Housing Market Update

While 2023 may have seemed like a down year for Salt Lake real estate it was not that bad. Prices were down, but only 3.04%, with the median sales price at $510,000. There were fewer home sales, which declined 14.69% and homes did take longer to sell (25 days up 127.27%).

Single Family Home Sales

Prices for single-family homes fell 3.26% in 2023, with the median sales price standing at $586,250. This was on the back of a sharp fall in the number of homes sold which declined by 15.14%. Homes also took longer to sell taking a median of 25 days which was up 127.27%.

Condo Home Sales

Condo prices fell slightly in 2023 going down 1.94% to stand at $353,000. Sales were down 11.02% with 1397 condos sold. They also took longer to sell, taking a median of 26 days to go under contract, which was an increase of 160%.

Zip Code City Property Type Median Price Percentage Change
84009 * South Jordan Single Family $650,000 down 6.14%
84009 * South Jordan Condo $378,900 up 5.25%
84020 Draper Single Family $839,100 down 7.79%
84020 Draper Condo $366,250 down 15.02%
84044 Magna Single Family $455,000 up 5.81%
84044 Magna Condo $273,000 N/A
84047 Midvale Single Family $500,000 down 2.91%
84047 Midvale Condo $334,000 down 8.99%
84065 Riverton Single Family $708,938 up 0.03%
84065 Riverton Condo $351,400 down 9.90%
84070 Sandy Single Family $523,000 down 5.77%
84070 Sandy Condo $336,000 down 2.61%
84084 West Jordan Single Family $505,000 down 1.75%
84084 West Jordan Condo $351,000 up 0.29%
84088 West Jordan Single Family $540,000 down 3.57%
84088 West Jordan Condo $479,000 down 2.74%
84092 Sandy Single Family $838,450 up 2.25%
84092 Sandy Condo $872,500 N/A
84093 Sandy Single Family $775,000 down 3.73%
84093 Sandy Condo $603,000 N/A
84094 Sandy Single Family $540,000 down 6.25%
84094 Sandy Condo $344,000 down 5.23%
84095 South Jordan Single Family $782,500 up 0.32%
84095 South Jordan Condo $476,205 N/A
84096 Herriman Single Family $644,627 down 6.20%
84096 Herriman Condo $349,103 down 8.97%
84101 Salt Lake City Single Family $370,000 N/A
84101 Salt Lake City Condo $520,000 down 5.92%
84102 Salt Lake City Single Family $631,450 down 8.15%
84102 Salt Lake City Condo $380,000 up 1.08%
84103 Salt Lake City Single Family $845,000 down 6.11%
84103 Salt Lake City Condo $412,000 down 1.32%
84104 Salt Lake City Single Family $375,000 down 6.64%
84104 Salt Lake City Condo $219,168 N/A
84105 Salt Lake City Single Family $677,000 down 6.62%
84105 Salt Lake City Condo No Sales N/A
84106 Salt Lake/Millcreek Single Family $595,500 down 5.85%
84106 Salt Lake/Millcreek Condo $365,000 up 2.82%
84107 Murray Single Family $573,500 up 3.28%
84107 Murray Condo $310,000 up 4.59%
84108 Salt Lake City Single Family $850,000 up 1.19%
84108 Salt Lake City Condo $517,000 down 8.50%
84109 Millcreek Single Family $736,000 down 3.16%
84109 Millcreek Condo $355,000 up 1.87%
84111 Salt Lake City Single Family $518,000 down 4.07%
84111 Salt Lake City Condo $400,000 up 11.97%
84115 South Salt Lake Single Family $435,000 down 15.28%
84115 South Salt Lake Condo $314,000 down 21.50%
84116 Salt Lake City Single Family $430,000 down 6.52%
84116 Salt Lake City Condo $219,000 down 6.41%
84117 Holladay Single Family $827,500 up 4.02%
84117 Holladay Condo $324,000 down 13.60%
84118 Taylorsville/Kearns Single Family $420,000 down 2.33%
84118 Taylorsville/Kearns Condo $381,400 N/A
84119 West Valley City Single Family $430,000 down 1.15%
84119 West Valley City Condo $287,500 down 8.73%
84120 West Valley City Single Family $439,250 down 4.51%
84120 West Valley City Condo $367,500 N/A
84121 Cottonwood Single Family $735,000 down 3.29%
84121 Cottonwood Condo $420,000 down 1.70%
84123 Taylorsville/Murray Single Family $520,500 down 4.17%
84123 Taylorsville/Murray Condo $295,000 down 3.28%
84124 Holladay Single Family $795,000 down 3.93%
84124 Holladay Condo $380,250 down 10.06%
84128 West Valley City Single Family $450,000 down 6.15%
84128 West Valley City Condo $350,700 N/A
84129 Taylorsville Single Family $466,000 down 2.72%
84129 Taylorsville Condo $380,500 N/A
Data for home prices information provided by WFRMLS.
* The 84009 zip code was added to South Jordan in the 3rd quarter 2015.