Salt Lake County 4th Quarter 2023 Median Home Prices
Summary of how the Salt Lake County Utah housing market performed in the 4th quarter of 2023.
4th Quarter 2023 Housing Market Update
The median sales price for a home in the 4th quarter of 2023 remained unchanged at dead on $500,000. There were positive numbers in the number of homes sold which increased slightly (up 3.81%) with 2586 sales. Also, homes sold faster with the median days on the market falling 11.43% to sit at 31 days.
Single Family Home Sales
For the 2nd quarter in a row, single-family home prices increased in the 4th quarter, climbing 3.16% to $579,990. This was on the back of slightly declining home sales which dropped 1.74%. Homes sold faster, taking 32 days to sell which was 8.57% faster than the same quarter last year.
Condo Home Sales
While single-family home prices went up, condo prices did the reverse with a small 1.15% drop in sales price. The median sales price for a condo stood at $349,933, on a positive note condos did sell 14.29% faster taking a median of 30 days to go under contract. There were also more condos sold, with a total of 350 units sold, an increase of 17.06%.
| Zip Code | City | Property Type | Median Price | Percentage Change |
|---|---|---|---|---|
| 84009 * | South Jordan | Single Family | $659,618 | up 0.79% |
| 84009 * | South Jordan | Condo | $375.400 | N/A |
| 84020 | Draper | Single Family | $832,500 | down 11.90% |
| 84020 | Draper | Condo | $365,000 | N/A |
| 84044 | Magna | Single Family | $462,990 | up 17.66% |
| 84044 | Magna | Condo | $281,500 | N/A |
| 84047 | Midvale | Single Family | $480,000 | down 5.41% |
| 84047 | Midvale | Condo | $303,500 | down 24.03% |
| 84065 | Riverton | Single Family | $736,551 | up 5.49% |
| 84065 | Riverton | Condo | $354,400 | N/A |
| 84070 | Sandy | Single Family | $517,000 | down 3.72% |
| 84070 | Sandy | Condo | $338,750 | N/A |
| 84084 | West Jordan | Single Family | $502,500 | up 3.61% |
| 84084 | West Jordan | Condo | $350,000 | N/A |
| 84088 | West Jordan | Single Family | $537,500 | up 3.37% |
| 84088 | West Jordan | Condo | $365,000 | N/A |
| 84092 | Sandy | Single Family | $789,750 | up 13.80% |
| 84092 | Sandy | Condo | $2,150,000 | N/A |
| 84093 | Sandy | Single Family | $835,000 | up 15.17% |
| 84093 | Sandy | Condo | No Sales | N/A |
| 84094 | Sandy | Single Family | $575,000 | up 9.32% |
| 84094 | Sandy | Condo | $362,500 | N/A |
| 84095 | South Jordan | Single Family | $798,200 | up 13.22% |
| 84095 | South Jordan | Condo | $460,000 | N/A |
| 84096 | Herriman | Single Family | $634,502 | down 2.38% |
| 84096 | Herriman | Condo | $351,400 | up 1.41% |
| 84101 | Salt Lake City | Single Family | $201,000 | N/A |
| 84101 | Salt Lake City | Condo | $489,000 | down 11.89% |
| 84102 | Salt Lake City | Single Family | $615,000 | up 8.47% |
| 84102 | Salt Lake City | Condo | $365,000 | down 8.52% |
| 84103 | Salt Lake City | Single Family | $927,500 | up 0.27% |
| 84103 | Salt Lake City | Condo | $416,875 | down 9.18% |
| 84104 | Salt Lake City | Single Family | $370,000 | down 0.67% |
| 84104 | Salt Lake City | Condo | $229,168 | N/A |
| 84105 | Salt Lake City | Single Family | $656,500 | down 9.76% |
| 84105 | Salt Lake City | Condo | No Sales | N/A |
| 84106 | Salt Lake/Millcreek | Single Family | $580,000 | up 10.49% |
| 84106 | Salt Lake/Millcreek | Condo | $360,000 | up 2.13% |
| 84107 | Murray | Single Family | $589,000 | up 8.07% |
| 84107 | Murray | Condo | $280,000 | no change |
| 84108 | Salt Lake City | Single Family | $815,000 | no change |
| 84108 | Salt Lake City | Condo | $485,000 | N/A |
| 84109 | Millcreek | Single Family | $686,500 | down 5.86% |
| 84109 | Millcreek | Condo | $920,000 | N/A |
| 84111 | Salt Lake City | Single Family | $750,000 | N/A |
| 84111 | Salt Lake City | Condo | $442,500 | up 34.09% |
| 84115 | South Salt Lake | Single Family | $425,000 | down 11.07% |
| 84115 | South Salt Lake | Condo | $290,000 | N/A |
| 84116 | Salt Lake City | Single Family | $441,500 | up 2.67% |
| 84116 | Salt Lake City | Condo | $214,000 | N/A |
| 84117 | Holladay | Single Family | $825,000 | up 13.40% |
| 84117 | Holladay | Condo | $300,000 | down 30.23% |
| 84118 | Taylorsville/Kearns | Single Family | $420,500 | up 8.24% |
| 84118 | Taylorsville/Kearns | Condo | $242,825 | N/A |
| 84119 | West Valley City | Single Family | $421,000 | up 2.81% |
| 84119 | West Valley City | Condo | $287,000 | N/A |
| 84120 | West Valley City | Single Family | $437,250 | up 3.61% |
| 84120 | West Valley City | Condo | $315,000 | N/A |
| 84121 | Cottonwood | Single Family | $730,000 | up 0.63% |
| 84121 | Cottonwood | Condo | $451,500 | up 10.12% |
| 84123 | Taylorsville/Murray | Single Family | $515,000 | down 1.90% |
| 84123 | Taylorsville/Murray | Condo | $295,000 | up 1.37% |
| 84124 | Holladay | Single Family | $810,000 | up 8% |
| 84124 | Holladay | Condo | $512,450 | N/A |
| 84128 | West Valley City | Single Family | $450,000 | down 4.25% |
| 84128 | West Valley City | Condo | $352,700 | N/A |
| 84129 | Taylorsville | Single Family | $460,000 | up 4.56% |
| 84129 | Taylorsville | Condo | $349,500 | N/A |