Housing Prices in South Salt Lake, UT

How much do homes in South Salt Lake, UT cost?

Median List Price

$487,000

$299/sqft

Based on all homes listed in April 2024.

Difference Since Last Month

+$31,000(+6.8%)

Key Takeaway

The list price of homes in South Salt Lake has increased by 6.8% since March.

Summary: The median home list price in South Salt Lake was $487,000 in April 2024, up 6.8% from the previous month, and the median price per square foot was $299.

Median List Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $319.9K$312.4K
-2.3%
3 $450K$423.9K
-5.8%
4 $484.4K$600K
+23.9%
5+ $700K$700K
0.0%

Summary: South Salt Lake housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes increased by 23.9%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

South Salt Lake
+6.8%
Salt Lake City
-0.3%
West Valley City
-3.7%

Housing Supply in South Salt Lake, UT

How many homes are available in South Salt Lake, UT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2746+70.4%

Summary: The South Salt Lake real estate market had 46 homes for sale in April 2024, a 70.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 710
+42.9%
3 1114
+27.3%
4 413
+225.0%
5+ 59
+80.0%

Summary: The South Salt Lake housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 225%, and 5+ bedroom homes increased by 80%.

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

Mar 2024Apr 2024CHANGE
68 Days62 Days-9.4%

Summary: Homes in South Salt Lake had an average listing age of 62 days in Apr 2024, down by 9.4% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 7 Days Ago

Newest Listings in South Salt Lake, UT

Nearby Markets to South Salt Lake, UT

What housing markets are near South Salt Lake, UT?