Salt Lake City, UT Housing


95 Reviews



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Salt Lake City, UT is a great place for those looking to invest in real estate. The median value of housing in the area is currently $500,800, which is higher than the national median value of $338,100. Additionally, the house appreciation rate has been 8.33% over the past year, slightly higher than the US average of 8.27%. This makes Salt Lake City an ideal location to purchase a home and reap the benefits of its increasing value.

The median home cost in Salt Lake City is $500,800. Home appreciation the last 10 years has been 165.1%. Home Appreciation in Salt Lake City is up 15.0%.

Average Age of Homes
- The median age of Salt Lake City real estate is 60 years old
The Rental Market in Salt Lake City
- Renters make up 47.5% of the Salt Lake City population
- 2.4% of houses and apartments in Salt Lake City, 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

  HousingSalt Lake City, UtahUnited States
  90,609.0139,647,020.0
  6142
  $500,800$338,100
  15.0%16.6%
  81.6%57.0%
  165.1%101.1%
  $6.08$10.98
  $2,313$2,690
  44.4%57.4%
  8.2%11.2%
  47.5%31.4%
  Vacant Housing
  2.4%1.9%
  0.9%0.4%
  0.3%0.7%
  0.4%0.4%
  1.4%3.6%
  2.7%4.1%
  Value of Owner-Occupied Housing
  1.3%2.6%
  1.3%2.4%
  0.3%2.8%
  0.6%3.9%
  0.4%4.5%
  4.1%11.3%
  6.7%13.0%
  19.8%20.1%
  19.3%13.6%
  14.6%8.3%
  18.1%9.7%
  8.1%3.9%
  3.2%2.2%
  0.8%0.8%
  1.4%1.1%
  Housing Units by Year Structure Built
  0.2%0.2%
  6.8%13.6%
  6.8%13.6%
  6.4%13.6%
  7.6%13.2%
  11.3%14.8%
  6.4%13.6%
  12.8%10.0%
  9.2%4.7%
  27.8%12.2%
Reviews for Salt Lake City
    See all (95)

Over 1 years ago

I've lived in the Salt Lake City metro area for almost 10 years, and it has its pros and cons. Pros: -Beautiful mountains - even if you don't go, just look towards  More

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Over 4 years ago

Love it more  More

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Over 4 years ago

Salt Lake City feels like home. There are so many things to do and see. There are many families and one thing to look out for is, there are many cranes and high rises  More

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