Salt Lake City, UT (84111) is an excellent area for housing. It has seen an increase in value over the past year, with the median house value standing at $402,100. This is a slight increase from the US median of $338,100. Over the last year, housing values have appreciated 8.33% in Salt Lake City, slightly higher than the US average of 8.27%. This makes it a great place to invest in real estate and enjoy a growing home value over time.
The median home cost in Salt Lake City (zip 84111) is $402,100. Home appreciation the last 10 years has been 165.1%. Home Appreciation in Salt Lake City (zip 84111) is up 15.0%.
Average Age of Homes
- The median age of Salt Lake City (zip 84111) real estate is 59 years old
The Rental Market in Salt Lake City (zip 84111)
- Renters make up 73.1% of the Salt Lake City (zip 84111) population
- 5.0% of houses and apartments in Salt Lake City (zip 84111), 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.