Salt Lake County 1st Quarter 2022 Median Home Prices
Summary of how the Salt Lake County Utah housing market performed in the 1st quarter 2022.
1st Quarter 2022 Housing Market Update
If you expected the Salt Lake County housing market to slow in the 1st Quarter, you were wrong. The signs are 2020 started at the same breathtaking pace, with the median sales price breaking the $500,000 barrier to stand at $521,600. Days on market stayed steady at 6 days, and there were fewer homes sold (down 11.68%).
Single Family Home Sales
So last year the median sales price for a single-family home in Salt Lake County broke the $500,000, for the first time, and in the 1st quarter, we have already smashed through the $600,000 level. The median sales price stood at $604,495, a 27% increase over the same time last year. There were fewer homes sold which declined 12.11%, and days on market ticked up slightly to sit at 6 days.
Condo Home Sales
The condo market performed even better with the median sales price increasing 28.57% to sit at $360,000. Home sales declined drastically falling 23.97%, and days on market also declined, dropping 25.00% to 6 days.
| Zip Code | City | Property Type | Median Price | Percentage Change |
|---|---|---|---|---|
| 84009 * | South Jordan | Single Family | $710,000 | up 35.30 |
| 84009 * | South Jordan | Condo | $371,300 | up 40.91% |
| 84020 | Draper | Single Family | $950,000 | up 26.48% |
| 84020 | Draper | Condo | $462,000 | NA |
| 84044 | Magna | Single Family | $423,425 | up 28.31% |
| 84044 | Magna | Condo | $260,000 | NA |
| 84047 | Midvale | Single Family | $515,000 | up 20.17% |
| 84047 | Midvale | Condo | $310,000 | up 33.62% |
| 84065 | Riverton | Single Family | $707,000 | up 26.25% |
| 84065 | Riverton | Condo | $490,000 | NA |
| 84070 | Sandy | Single Family | $570,000 | up 27.66% |
| 84070 | Sandy | Condo | $348,000 | NA |
| 84084 | West Jordan | Single Family | $492,500 | up 19.98% |
| 84084 | West Jordan | Condo | $340,000 | up 38.78% |
| 84088 | West Jordan | Single Family | $572,000 | up 30.16% |
| 84088 | West Jordan | Condo | $495,000 | NA |
| 84092 | Sandy | Single Family | $788,250 | up 3.72% |
| 84092 | Sandy | Condo | $900,000 | NA |
| 84093 | Sandy | Single Family | $792,500 | up 24.80% |
| 84093 | Sandy | Condo | No Sales | NA |
| 84094 | Sandy | Single Family | $580,000 | up 26.87% |
| 84094 | Sandy | Condo | $325,000 | NA |
| 84095 | South Jordan | Single Family | $778,500 | up 15.93% |
| 84095 | South Jordan | Condo | $524,725 | NA |
| 84096 | Herriman | Single Family | $689,982 | up 23.49% |
| 84096 | Herriman | Condo | $365,500 | up 28.02% |
| 84101 | Salt Lake City | Single Family | $600,500 | NA |
| 84101 | Salt Lake City | Condo | $525,000 | up 26.51% |
| 84102 | Salt Lake City | Single Family | $650,000 | up 13.04% |
| 84102 | Salt Lake City | Condo | $376,000 | up 23.68% |
| 84103 | Salt Lake City | Single Family | $960,000 | up 20.72% |
| 84103 | Salt Lake City | Condo | $396,500 | up 34.04% |
| 84104 | Salt Lake City | Single Family | $409,900 | up 18.81% |
| 84104 | Salt Lake City | Condo | $235,000 | NA |
| 84105 | Salt Lake City | Single Family | $662,375 | up 4.64% |
| 84105 | Salt Lake City | Condo | $550,000 | NA |
| 84106 | Salt Lake/Millcreek | Single Family | $640,000 | up 25.49% |
| 84106 | Salt Lake/Millcreek | Condo | $341,143 | up 26.35% |
| 84107 | Murray | Single Family | $544,600 | up 26.65% |
| 84107 | Murray | Condo | $275,000 | up 18.49% |
| 84108 | Salt Lake City | Single Family | $890,350 | up 14.99% |
| 84108 | Salt Lake City | Condo | $624,000 | up 31.37% |
| 84109 | Millcreek | Single Family | $805,000 | up 22.44% |
| 84109 | Millcreek | Condo | $540,250 | NA |
| 84111 | Salt Lake City | Single Family | $585,000 | up 31.46% |
| 84111 | Salt Lake City | Condo | $299,000 | down 8.70% |
| 84115 | South Salt Lake | Single Family | $485,500 | up 29.99% |
| 84115 | South Salt Lake | Condo | $421,200 | up 75.57% |
| 84116 | Salt Lake City | Single Family | $438,300 | up 16.88% |
| 84116 | Salt Lake City | Condo | $228,000 | NA |
| 84117 | Holladay | Single Family | $816,000 | up 25.54% |
| 84117 | Holladay | Condo | $400,500 | up 29.19% |
| 84118 | Taylorsville/Kearns | Single Family | $430,000 | up 26.47% |
| 84118 | Taylorsville/Kearns | Condo | No Sales | NA |
| 84119 | West Valley City | Single Family | $422,500 | up 20.71% |
| 84119 | West Valley City | Condo | $325,000 | up 35.42% |
| 84120 | West Valley City | Single Family | $460,000 | up 26.03% |
| 84120 | West Valley City | Condo | $415,644 | NA |
| 84121 | Cottonwood | Single Family | $763,000 | up 13.04% |
| 84121 | Cottonwood | Condo | $406,000 | up 27.27% |
| 84123 | Taylorsville/Murray | Single Family | $523,600 | up 18.13% |
| 84123 | Taylorsville/Murray | Condo | $305,000 | up 34.36% |
| 84124 | Holladay | Single Family | $851,500 | up 35.27% |
| 84124 | Holladay | Condo | $500,000 | NA |
| 84128 | West Valley City | Single Family | $454,000 | up 19.47% |
| 84128 | West Valley City | Condo | $381,000 | NA |
| 84129 | Taylorsville | Single Family | $482,000 | up 25.36% |
| 84129 | Taylorsville | Condo | $340,000 | NA |