Salt Lake County 2022 Annual Median Home Prices
Summary of how the Salt Lake County Utah housing market performed in 2022.
Annual 2022 Housing Market Update
The Salt Lake Housing Market again increased in value in 2022. The median sales price stood at $527,650 an increase of 14.70%, while the time taken to sell a home was 11 days (up 83%), and total units sold dropped 25.57% with 13406 sales.
Single Family Home Sales
On the surface, Salt Lake County Single-Family Home Prices did really well in 2022. The median sales price for a home was $606,000 which was a 13.7% increase year over year. Home sales did decline by 24% and the days on market rose to 11 days (a very good number). So prices were up but underlying data points weakened (total sales and days on market).
Condo Home Sales
Condo prices performed the best in 2022 with sales prices increasing 17.07% to sit at $360,000. Condo's sold fast taking just 9 days to go under contract (still a 28% decline over 2021) but the total unit sales dropped substantially down 32%.
| Zip Code | City | Property Type | Median Price | Percentage Change |
|---|---|---|---|---|
| 84009 * | South Jordan | Single Family | $691,848 | up 14.21% |
| 84009 * | South Jordan | Condo | $359,950 | up 19.98% |
| 84020 | Draper | Single Family | $910,000 | up 11.66% |
| 84020 | Draper | Condo | $431,000 | up 24.14% |
| 84044 | Magna | Single Family | $430,000 | up 15.75% |
| 84044 | Magna | Condo | $271,500 | up 23.41% |
| 84047 | Midvale | Single Family | $515,000 | up 11.96% |
| 84047 | Midvale | Condo | $346,000 | up 28.15% |
| 84065 | Riverton | Single Family | $708,750 | up 15.24% |
| 84065 | Riverton | Condo | $390,000 | up 24.80% |
| 84070 | Sandy | Single Family | $555,000 | up 15.29% |
| 84070 | Sandy | Condo | $345,000 | up 15% |
| 84084 | West Jordan | Single Family | $514,000 | up 12.72% |
| 84084 | West Jordan | Condo | $350,000 | up 17.45% |
| 84088 | West Jordan | Single Family | $557,500 | up 14.95% |
| 84088 | West Jordan | Condo | $492,500 | up 21.60% |
| 84092 | Sandy | Single Family | $816,500 | up 6.59% |
| 84092 | Sandy | Condo | $402,500 | N/A |
| 84093 | Sandy | Single Family | $805,000 | up 18.99% |
| 84093 | Sandy | Condo | $662,500 | N/A |
| 84094 | Sandy | Single Family | $576,000 | up 11.84% |
| 84094 | Sandy | Condo | $363,000 | up 19.02% |
| 84095 | South Jordan | Single Family | $779,250 | up 11.32% |
| 84095 | South Jordan | Condo | $542,500 | N/A |
| 84096 | Herriman | Single Family | $687,328 | up 10.01% |
| 84096 | Herriman | Condo | $386,000 | up 31.97% |
| 84101 | Salt Lake City | Single Family | $527,500 | N/A |
| 84101 | Salt Lake City | Condo | $552,750 | up 28.58% |
| 84102 | Salt Lake City | Single Family | $687,500 | up 7.63% |
| 84102 | Salt Lake City | Condo | $376,000 | up 17.52% |
| 84103 | Salt Lake City | Single Family | $900,000 | up 8.25% |
| 84103 | Salt Lake City | Condo | $417,500 | up 26.52% |
| 84104 | Salt Lake City | Single Family | $401,650 | up 11.57% |
| 84104 | Salt Lake City | Condo | $230,000 | up 35.29% |
| 84105 | Salt Lake City | Single Family | $725,000 | up 10.69% |
| 84105 | Salt Lake City | Condo | $477,000 | N/A |
| 84106 | Salt Lake/Millcreek | Single Family | $635,500 | up 15.55% |
| 84106 | Salt Lake/Millcreek | Condo | $355,000 | up 12.88% |
| 84107 | Murray | Single Family | $551,595 | up 14.50% |
| 84107 | Murray | Condo | $296,400 | up 11.01% |
| 84108 | Salt Lake City | Single Family | $840,000 | up 6.60% |
| 84108 | Salt Lake City | Condo | $565,000 | up 18.95% |
| 84109 | Millcreek | Single Family | $760,000 | up 8.57% |
| 84109 | Millcreek | Condo | $348,500 | up 7.56% |
| 84111 | Salt Lake City | Single Family | $540,000 | up 17.33% |
| 84111 | Salt Lake City | Condo | $357,250 | up 8.26% |
| 84115 | South Salt Lake | Single Family | $513,438 | up 22.25% |
| 84115 | South Salt Lake | Condo | $400,000 | up 26.98% |
| 84116 | Salt Lake City | Single Family | $460,000 | up 14.43% |
| 84116 | Salt Lake City | Condo | $234,000 | up 23.16% |
| 84117 | Holladay | Single Family | $795,500 | up 11.65% |
| 84117 | Holladay | Condo | $375,000 | up 25% |
| 84118 | Taylorsville/Kearns | Single Family | $430,000 | up 13.16% |
| 84118 | Taylorsville/Kearns | Condo | $250,000 | N/A |
| 84119 | West Valley City | Single Family | $435,000 | up 12.99% |
| 84119 | West Valley City | Condo | $315,000 | up 23.53% |
| 84120 | West Valley City | Single Family | $460,000 | up 15% |
| 84120 | West Valley City | Condo | $410,500 | N/A |
| 84121 | Cottonwood | Single Family | $760,000 | up 15.15% |
| 84121 | Cottonwood | Condo | $427,250 | up 20.39% |
| 84123 | Taylorsville/Murray | Single Family | $543,150 | up 8.31% |
| 84123 | Taylorsville/Murray | Condo | $305,000 | up 19.61% |
| 84124 | Holladay | Single Family | $827,500 | up 16.55% |
| 84124 | Holladay | Condo | $422,500 | up 20.71% |
| 84128 | West Valley City | Single Family | $479,500 | up 11.12% |
| 84128 | West Valley City | Condo | $367,500 | N/A |
| 84129 | Taylorsville | Single Family | $480,000 | up 12.94% |
| 84129 | Taylorsville | Condo | $343,000 | up 47.53% |