Housing Prices in South Salt Lake, UT
How much do homes in South Salt Lake, UT cost?
Median List Price
$485,000
$298/sqft
Based on all homes listed in May 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in South Salt Lake has increased by 3.2% since April.
Summary: The median home list price in South Salt Lake was $485,000 in May 2024, up 3.2% from the previous month, and the median price per square foot was $298.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $215K | N/A |
| 2 Bedrooms | $333.4K | $362.4K | +8.7% |
| 3 Bedrooms | $435K | $489.9K | +12.6% |
| 4 Bedrooms | $595K | $517.4K | -13.0% |
| 5+ Bedrooms | $700K | $769K | +9.9% |
Summary: South Salt Lake housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 12.6%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 9.9%.
Median List Price Compared To Nearby Cities
| South Salt Lake | $469.9K | $485K | +3.2% |
| Salt Lake City | $644.9K | $649.9K | +0.8% |
| West Valley City | $485K | $486.4K | 0.3% |
Housing Supply in South Salt Lake, UT
How many homes are available in South Salt Lake, UT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 33 | 64 | +93.9% |
Summary: The South Salt Lake real estate market had 64 homes for sale in May 2024, a 93.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 8 | 20 | +150.0% |
| 3 Bedrooms | 11 | 21 | +90.9% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 7 | 12 | +71.4% |
Summary: The South Salt Lake housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 90.9%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 71.4%.
Days on Market for South Salt Lake, UT
How long does it take to sell a home in South Salt Lake, UT?
Average Listing Age
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 63 Days | 55 Days | -12.7% |
Summary: Homes in South Salt Lake had an average listing age of 55 days in May 2024, down by 12.7% compared to the previous month.
Based on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved.