Salt Lake County 1st Quarter 2023 Median Home Prices

Summary of how the Salt Lake County Utah housing market performed in the 1st quarter of 2023.

Annual Salt Lake County Home Prices for 1st Quarter 2023 Update text with home and piles of money

1st Quarter 2023 Housing Market Update

For the first time in a long time, the median sales price for Salt Lake County homes dropped, with a 1st quarter price of $500,000, a fall of 3.94%. The total number of homes sold fell sharply with 2460 homes sold, down 24.56%. The days on market rose sharply to 40 days, an increase of 566.67%.

Single Family Home Sales

The single-family home market saw the worst drops of all home types in the 1st quarter, dropping 6.49% to stand at $563,650. Total number of sales fell 20% to 1759 sales. The time taken to sell a home climbed 583.33% to sit at 41 days.

Condo Home Sales

The median sales price for a condo dropped 2.78% to $360,000 in the first quarter, while home sales sank 31.99% with 253 homes sold. The total days on market climbed 533.33% to stand at 38 days.

Zip Code City Property Type Median Price Percentage Change
84009 * South Jordan Single Family $630,000 down 10.25%
84009 * South Jordan Condo $396,000 N/A
84020 Draper Single Family $747,500 down 21.81%
84020 Draper Condo $365,000 N/A
84044 Magna Single Family $400,000 down 5.08%
84044 Magna Condo $264,500 N/A
84047 Midvale Single Family $433,000 down 15.92%
84047 Midvale Condo $320,000 up 3,23%
84065 Riverton Single Family $660,000 down 6.91%
84065 Riverton Condo No Sales No Sales
84070 Sandy Single Family $510,500 down 10.67%
84070 Sandy Condo $344,975 down 0.87%
84084 West Jordan Single Family $465,000 down 5.58%
84084 West Jordan Condo $365,000 N/A
84088 West Jordan Single Family $525,000 down 8.46%
84088 West Jordan Condo $465,000 N/A
84092 Sandy Single Family $849,500 up 7.77%
84092 Sandy Condo $681,250 N/A
84093 Sandy Single Family $728,850 down 6.56%
84093 Sandy Condo No Sales N/A
84094 Sandy Single Family $505,000 down 12.93%
84094 Sandy Condo $450,000 N/A
84095 South Jordan Single Family $800,000 up 1.36%
84095 South Jordan Condo $465,000 N/A
84096 Herriman Single Family $640,000 down 7.24%
84096 Herriman Condo $340,000 N/A
84101 Salt Lake City Single Family $405,000 N/A
84101 Salt Lake City Condo $550,000 up 4.76%
84102 Salt Lake City Single Family $615,000 down 5.38%
84102 Salt Lake City Condo $384,500 up 2.26%
84103 Salt Lake City Single Family $749,000 down 21.98%
84103 Salt Lake City Condo $382,500 down 3.53%
84104 Salt Lake City Single Family $353,000 down 13.88%
84104 Salt Lake City Condo $220,000 N/A
84105 Salt Lake City Single Family $665,619 up 2.4%
84105 Salt Lake City Condo No Sales N/A
84106 Salt Lake/Millcreek Single Family $575,000 down 10.16%
84106 Salt Lake/Millcreek Condo $393,500 up 15.54%
84107 Murray Single Family $540,000 down 0.42%
84107 Murray Condo $299,900 up 9.05%
84108 Salt Lake City Single Family $793,000 down 8.24%
84108 Salt Lake City Condo $496,450 down 20.44%
84109 Millcreek Single Family $723,500 down 10.12%
84109 Millcreek Condo $361,000 N/A
84111 Salt Lake City Single Family $542,500 down 7.26%
84111 Salt Lake City Condo $420,000 up 40.47%
84115 South Salt Lake Single Family $444,000 down 8.55%
84115 South Salt Lake Condo $302,500 down 28.18%
84116 Salt Lake City Single Family $417,000 down 5.57%
84116 Salt Lake City Condo $210,000 N/A
84117 Holladay Single Family $799,900 down 1.97%
84117 Holladay Condo $298,400 down 22.69%
84118 Taylorsville/Kearns Single Family $410,000 down 4.65%
84118 Taylorsville/Kearns Condo $381,400 N/A
84119 West Valley City Single Family $429,950 up 2.37%
84119 West Valley City Condo $277,500 down 14.62%
84120 West Valley City Single Family $429,900 down 6.75%
84120 West Valley City Condo $385,000 N/A
84121 Cottonwood Single Family $665,000 down 12.84%
84121 Cottonwood Condo $468,500 up 15.39%
84123 Taylorsville/Murray Single Family $470,000 down 10.65%
84123 Taylorsville/Murray Condo $270,000 N/A
84124 Holladay Single Family $765,000 down 10.16%
84124 Holladay Condo $380,000 N/A
84128 West Valley City Single Family $430,000 down 7.32%
84128 West Valley City Condo $329,000 N/A
84129 Taylorsville Single Family $460,000 down 5.56%
84129 Taylorsville Condo No Sales N/A
Data for home prices information provided by WFRMLS.
* The 84009 zip code was added to South Jordan in the 3rd quarter 2015.