Salt Lake County 3rd Quarter 2022 Median Home Prices
Summary of how the Salt Lake County Utah housing market performed in the 3rd quarter 2022.
![Salt Lake County Home Prices for the 3rd Quarter 2022 Update text with home and piles of money](../images/salt-lake-county-home-prices-3q-2022.jpg)
3rd Quarter 2022 Housing Market Update
Home prices in Salt Lake County rose 9.71% ($525,000) compared to the same quarter in 2021, but when compared quarter by quarter fell to levels seen in the 1st quarter of 2022. Homes sat on the market longer taking a median of 21 days to go under contract (still a good number but twice as long as last year). The number of homes declined substantially, falling 30.47% with 3382 homes sold in the quarter.
Single Family Home Sales
The median price for a single-family home sat at a nice round $600,000 (up 9.09%) in the 3rd quarter 2022. A home took a median of 22 days to sell (up 214%) and there were 2385 homes sold (down 29.48%).
Condo Home Sales
The condo market saw sales prices rise 15.54% to $355,000 on the back of declining sales which were down a whopping 36.20%. Condos were also taking longer to sell with a median of 20 days, up 233%.
Zip Code | City | Property Type | Median Price | Percentage Change |
---|---|---|---|---|
84009 * | South Jordan | Single Family | $699,000 | up 10.52% |
84009 * | South Jordan | Condo | $360,000 | up 18.81% |
84020 | Draper | Single Family | $874,500 | No Change |
84020 | Draper | Condo | $372,500 | NA |
84044 | Magna | Single Family | $439,000 | up 11.99% |
84044 | Magna | Condo | $275,000 | NA |
84047 | Midvale | Single Family | $500,000 | up 6.15% |
84047 | Midvale | Condo | $315,000 | up 14.76% |
84065 | Riverton | Single Family | $700,750 | up 8.99% |
84065 | Riverton | Condo | $367,500 | NA |
84070 | Sandy | Single Family | $558,450 | up 14.32% |
84070 | Sandy | Condo | $350,000 | up 12.90% |
84084 | West Jordan | Single Family | $500,000 | up 4.71% |
84084 | West Jordan | Condo | $368,000 | NA |
84088 | West Jordan | Single Family | $551,000 | up 10.20% |
84088 | West Jordan | Condo | No Sales | NA |
84092 | Sandy | Single Family | $816,250 | up 2.03% |
84092 | Sandy | Condo | $356,000 | NA |
84093 | Sandy | Single Family | $812,400 | up 22.17% |
84093 | Sandy | Condo | No Sales | NA |
84094 | Sandy | Single Family | $569,500 | up 8.48% |
84094 | Sandy | Condo | $330,000 | NA |
84095 | South Jordan | Single Family | $787,450 | up 9.37% |
84095 | South Jordan | Condo | $345,000 | NA |
84096 | Herriman | Single Family | $680,000 | up 6.25% |
84096 | Herriman | Condo | $382,000 | up 31.23% |
84101 | Salt Lake City | Single Family | $527,500 | NA |
84101 | Salt Lake City | Condo | $487,500 | up 16.07% |
84102 | Salt Lake City | Single Family | $699,500 | up 11.03% |
84102 | Salt Lake City | Condo | $340,000 | up 11.29% |
84103 | Salt Lake City | Single Family | $851,500 | up 2.28% |
84103 | Salt Lake City | Condo | $410,000 | up 21.48% |
84104 | Salt Lake City | Single Family | $410,000 | up 12.48% |
84104 | Salt Lake City | Condo | $245,300 | NA |
84105 | Salt Lake City | Single Family | $695,000 | up 2.06% |
84105 | Salt Lake City | Condo | No Sales | NA |
84106 | Salt Lake/Millcreek | Single Family | $602,500 | up 5.52% |
84106 | Salt Lake/Millcreek | Condo | $364,000 | up 10.89% |
84107 | Murray | Single Family | $573,000 | up 14.60% |
84107 | Murray | Condo | $300,000 | up 9.09% |
84108 | Salt Lake City | Single Family | $797,000 | down 3.98% |
84108 | Salt Lake City | Condo | $480,000 | up 12.94% |
84109 | Millcreek | Single Family | $733,000 | up 0.55% |
84109 | Millcreek | Condo | $435,000 | NA |
84111 | Salt Lake City | Single Family | $477,000 | NA |
84111 | Salt Lake City | Condo | $332,500 | down 6.07% |
84115 | South Salt Lake | Single Family | $505,000 | up 23.17% |
84115 | South Salt Lake | Condo | $350,000 | up 7.69% |
84116 | Salt Lake City | Single Family | $450,000 | up 7.14% |
84116 | Salt Lake City | Condo | $223,500 | NA |
84117 | Holladay | Single Family | $720,000 | down 5.14% |
84117 | Holladay | Condo | $370,000 | up 33.33% |
84118 | Taylorsville/Kearns | Single Family | $430,000 | up 7.5% |
84118 | Taylorsville/Kearns | Condo | No Sales | NA |
84119 | West Valley City | Single Family | $433,650 | up 9.65% |
84119 | West Valley City | Condo | $325,000 | up 18.18% |
84120 | West Valley City | Single Family | $455,000 | up 10.44% |
84120 | West Valley City | Condo | $377,250 | NA |
84121 | Cottonwood | Single Family | $740,000 | up 13.76% |
84121 | Cottonwood | Condo | $509,950 | up 29.10% |
84123 | Taylorsville/Murray | Single Family | $521,250 | up 3.42% |
84123 | Taylorsville/Murray | Condo | $305,000 | up 12.75% |
84124 | Holladay | Single Family | $795,000 | up 12.87% |
84124 | Holladay | Condo | $362,000 | NA |
84128 | West Valley City | Single Family | $465,000 | up 2.20% |
84128 | West Valley City | Condo | $356,500 | NA |
84129 | Taylorsville | Single Family | $480,000 | up 10.34% |
84129 | Taylorsville | Condo | No Sales | NA |