Salt Lake City Metro Area, UT Housing

Salt Lake City, UT Metro Area is an attractive place for homeowners due to the high housing median value of $535,100 which is over $200,000 more than the US median value. Over the course of the past year, appreciation in this area has been higher than the national average with an increase of 11.04% compared to 8.27%. This makes Salt Lake City a desirable place for people looking to invest in housing.

The median home cost in Salt Lake City Metro Area is $535,100. Home appreciation the last 10 years has been 161.3%. Home Appreciation in Salt Lake City Metro Area is up 15.6%.

Average Age of Homes

- The median age of Salt Lake City Metro Area real estate is 37 years old

The Rental Market in Salt Lake City Metro Area

- Renters make up 31.0% of the Salt Lake City Metro Area population
- 1.8% of houses and apartments in Salt Lake City Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Salt Lake City, Utah	United States
	443,908.0	139,647,020.0
	37	42
	$535,100	$338,100
	15.6%	16.6%
	82.2%	57.0%
	161.3%	101.1%
	$6.45	$10.98
	$2,329	$2,690
	64.7%	57.4%
	5.2%	11.2%
	30.2%	31.4%
Vacant Housing
	1.8%	1.9%
	0.5%	0.4%
	0.4%	0.7%
	0.3%	0.4%
	0.9%	3.6%
	1.4%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	1.1%	2.4%
	0.7%	2.8%
	0.4%	3.9%
	0.4%	4.5%
	2.5%	11.3%
	5.7%	13.0%
	22.9%	20.1%
	24.5%	13.6%
	16.6%	8.3%
	16.3%	9.7%
	4.8%	3.9%
	1.6%	2.2%
	0.4%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	14.8%	13.6%
	14.8%	13.6%
	15.1%	13.6%
	11.9%	13.2%
	17.4%	14.8%
	15.1%	13.6%
	8.3%	10.0%
	3.5%	4.7%
	7.5%	12.2%

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