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 19 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?