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Market Report, Salt Lake County
Median sale price, median rent, days on market, inventory and rent-to-price ratio for Salt Lake City, with nearby cities for comparison.
$535K
Median Home Price
$1,650/mo
Median Rent
205,000
Population
1.5%
Growth Rate
Avg Days on Market
22 days
Median Household Income
$65K
Owner-Occupied Homes
48%
Gross Rent Yield
3.7%
Rent-to-Income Ratio
30%
Price-to-Income Ratio
8.2x
Elevation
4,226 ft
School District: Salt Lake City School District
| City | Price | Rent | Population | Growth | DOM |
|---|---|---|---|---|---|
| Salt Lake City | $535K | $1,650 | 205,000 | 1.5% | 22 |
| South Salt Lake | $385K | $1,350 | 26,000 | 2.5% | 18 |
| Millcreek | $500K | $1,600 | 62,000 | 1.3% | 23 |
| West Valley City | $400K | $1,400 | 140,000 | 1.6% | 20 |
| North Salt Lake | $460K | $1,550 | 22,000 | 2.8% | 22 |
| Murray | $445K | $1,500 | 52,000 | 1.4% | 21 |
| Taylorsville | $410K | $1,400 | 60,000 | 1.3% | 20 |
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