Salt Lake City, UT is an up-and-coming area with a median value of $371,900 for housing. This is slightly higher than the median value of $338,100 for houses across the US. In addition, the appreciation rate for houses in Salt Lake City was 8.33% last year, compared to 8.27% across the US. This shows that Salt Lake City real estate market continues to be a great investment opportunity and is a fast growing area with potential for further development.
The median home cost in Salt Lake City (zip 84104) is $371,900. Home appreciation the last 10 years has been 165.1%. Home Appreciation in Salt Lake City (zip 84104) is up 15.0%.
Average Age of Homes
- The median age of Salt Lake City (zip 84104) real estate is 50 years old
The Rental Market in Salt Lake City (zip 84104)
- Renters make up 48.8% of the Salt Lake City (zip 84104) population
- 1.1% of houses and apartments in Salt Lake City (zip 84104), 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.