Salt Lake County 2nd Quarter 2022 Median Home Prices
Summary of how the Salt Lake County Utah housing market performed in the 2nd quarter 2022.
2nd Quarter 2022 Housing Market Update
On the surface, the Salt Lake County real estate market appeared to perform very well. The median sales price jumped 21.42% to stand at $533,000. The number of homes sold dropped sharply with 17.04% fewer homes selling. The time taken to sell a home ticked up slightly to 6 days.
Single Family Home Sales
Prices for single-family homes seemed to show no signs of slowing their accent in the 2nd quarter of 2020, with the median sales price standing at $637,272, a rise of 19.12%. While prices were up, sales were down declining 14.53% and the number of new homes coming onto the market climbed 8.34%. Days on market ticked up 1 day to stand at 6 days.
Condo Home Sales
The condo market was also robust with the median sales price climbing 22.92% to sit at $370,000. Sales did deline falling 26%, and there were slightly more homes coming onto the market with a rise of 2.91%. Days on market ticked slightly lower dropping 1 day to sit at 5 days.
| Zip Code | City | Property Type | Median Price | Percentage Change |
|---|---|---|---|---|
| 84009 * | South Jordan | Single Family | $696,106 | up 15.99% |
| 84009 * | South Jordan | Condo | $353,500 | NA |
| 84020 | Draper | Single Family | $885,400 | up 10.68% |
| 84020 | Draper | Condo | $424,000 | NA |
| 84044 | Magna | Single Family | $462,715 | up 25.06% |
| 84044 | Magna | Condo | $265,000 | NA |
| 84047 | Midvale | Single Family | $538,500 | up 17.89% |
| 84047 | Midvale | Condo | $333,200 | up 29.02% |
| 84065 | Riverton | Single Family | $712,500 | up 13.73% |
| 84065 | Riverton | Condo | $465,000 | NA |
| 84070 | Sandy | Single Family | $605,000 | up 26.44% |
| 84070 | Sandy | Condo | $360,000 | up 21.42% |
| 84084 | West Jordan | Single Family | $550,000 | up 21.05% |
| 84084 | West Jordan | Condo | $355,000 | up 16.78% |
| 84088 | West Jordan | Single Family | $585,000 | up 29.90% |
| 84088 | West Jordan | Condo | $424,000 | NA |
| 84092 | Sandy | Single Family | $880,000 | up 16.09% |
| 84092 | Sandy | Condo | $449,000 | NA |
| 84093 | Sandy | Single Family | $861,250 | up 24.64% |
| 84093 | Sandy | Condo | $650,000 | NA |
| 84094 | Sandy | Single Family | $610,000 | up 18.16% |
| 84094 | Sandy | Condo | $412,500 | NA |
| 84095 | South Jordan | Single Family | $825,000 | up 23.11% |
| 84095 | South Jordan | Condo | $462,500 | NA |
| 84096 | Herriman | Single Family | $704,527 | up 14.93% |
| 84096 | Herriman | Condo | $400,000 | up 40.90% |
| 84101 | Salt Lake City | Single Family | $571,000 | NA |
| 84101 | Salt Lake City | Condo | $575,000 | up 32.18% |
| 84102 | Salt Lake City | Single Family | $715,000 | up 15.16% |
| 84102 | Salt Lake City | Condo | $390,000 | up 25.81% |
| 84103 | Salt Lake City | Single Family | $870,000 | down 2.19% |
| 84103 | Salt Lake City | Condo | $380,000 | up 22.58% |
| 84104 | Salt Lake City | Single Family | $410,000 | up 17.50% |
| 84104 | Salt Lake City | Condo | $218,500 | NA |
| 84105 | Salt Lake City | Single Family | $800,000 | up 23.08% |
| 84105 | Salt Lake City | Condo | $383,150 | NA |
| 84106 | Salt Lake/Millcreek | Single Family | $656,500 | up 16.30% |
| 84106 | Salt Lake/Millcreek | Condo | $355,000 | up 12.84% |
| 84107 | Murray | Single Family | $590,000 | up 20.53% |
| 84107 | Murray | Condo | $318,000 | up 15.64% |
| 84108 | Salt Lake City | Single Family | $950,000 | up 22.58% |
| 84108 | Salt Lake City | Condo | $458,000 | down 18.36% |
| 84109 | Millcreek | Single Family | $800,000 | up 15.94% |
| 84109 | Millcreek | Condo | $325,000 | NA |
| 84111 | Salt Lake City | Single Family | $526,000 | up 18.20% |
| 84111 | Salt Lake City | Condo | $479,500 | up 48.68% |
| 84115 | South Salt Lake | Single Family | $554,500 | up 24.75% |
| 84115 | South Salt Lake | Condo | $323,000 | down 15.75% |
| 84116 | Salt Lake City | Single Family | $490,000 | up 19.51% |
| 84116 | Salt Lake City | Condo | $250,000 | NA |
| 84117 | Holladay | Single Family | $845,500 | up 17.43% |
| 84117 | Holladay | Condo | $355,000 | up 18.14% |
| 84118 | Taylorsville/Kearns | Single Family | $450,000 | up 20% |
| 84118 | Taylorsville/Kearns | Condo | $250,000 | NA |
| 84119 | West Valley City | Single Family | $467,500 | up 20.31% |
| 84119 | West Valley City | Condo | $320,000 | up 27.49% |
| 84120 | West Valley City | Single Family | $475,000 | up 17.36% |
| 84120 | West Valley City | Condo | $412,750 | NA |
| 84121 | Cottonwood | Single Family | $806,500 | up 25.43% |
| 84121 | Cottonwood | Condo | $435,000 | up 35.83% |
| 84123 | Taylorsville/Murray | Single Family | $588,000 | up 21.99% |
| 84123 | Taylorsville/Murray | Condo | $320,500 | up 30.82% |
| 84124 | Holladay | Single Family | $880,000 | up 21.05% |
| 84124 | Holladay | Condo | $549,000 | NA |
| 84128 | West Valley City | Single Family | $499,000 | up 20.82% |
| 84128 | West Valley City | Condo | $403,750 | NA |
| 84129 | Taylorsville | Single Family | $490,000 | up 15.98% |
| 84129 | Taylorsville | Condo | $342,450 | NA |