
4502 E Wyndom Ct Unit 509
Salt Lake City, UT
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Featured local agent — Salt Lake City, UT
Compass Real Estate · Salt Lake City, UT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Housing market overview · Updated monthly ·
$580,075median sale price
The median home sale price in Salt Lake City, UT is $580,075, down 2.5% year-over-year. Homes sell in an average of 27 days with 576 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Salt Lake City, UT is currently a seller's market, based on 2.6 months of supply and homes selling in about 27 days. How we determine this →
Homes sold
218
Last 12 weeks
Days on market
27
Average pace
Active listings
576
2.6 months supply
Sale-to-list
99.6%
Below asking
| Metric | Value |
|---|---|
| Median sale price | $580,075 |
| Median list price | $600,000 |
| Year-over-year price change | -2.5% |
| Average days on market | 27 days |
| Active inventory | 576 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 99.6% |
| Median price per sq ft | $373/sq ft |
| Homes sold (latest month) | 218 |
| New listings (latest month) | 284 |
| Listings with a price cut | 35.9% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How the Salt Lake City, UT market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $694,000 | $375/sq ft | 144 | 18 days |
| Condo / Co-op | $387,000 | $374/sq ft | 54 | 49 days |
| Townhouse | $590,075 | $339/sq ft | 12 | 27 days |
Source: Redfin · Updated monthly
The Salt Lake City housing market is currently classified as a seller's market with a median sale price of $580,075. Prices have fallen 2.5% compared to last year, with homes spending an average of 27 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.7x provides context for how home values compare to local earning capacity.
There are currently 576 homes listed for sale in Salt Lake City, Utah. The median listing price is $600K. Featured listings range from $200,000 to $950,000.

Salt Lake City, UT

Salt Lake City, UT

Salt Lake City, UT

Salt Lake City, UT

Salt Lake City, UT

Salt Lake City, UT

Salt Lake City, UT

Salt Lake City, UT

Salt Lake City, UT

Salt Lake City, UT

Salt Lake City, UT

Salt Lake City, UT
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Active listings
576
Homes on market
Median list price
$600K
Avg. days on market
27
Days until sale
New this week
284
Newly listed
Population
203,888
Median income
$74,925/yr
Median age
33 years
Owner-occupied
46.8%
College grads
50.9%
Avg commute
19.6 min
Source: U.S. Census Bureau ACS
Zillow home value
$580,299
Zillow rent index
$1,629/mo
Price-to-rent ratio
29.7x
Price-to-income
7.7x
Source: Zillow Research
Salt Lake City is a community of approximately 204K residents with a median age of 33 years.The median household income is $74,925, which represents a working-class community with solid middle-income opportunities. 50.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 46.8%, showing a blend of owner and renter-occupied properties. The average commute time is 19.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Salt Lake City offers a balanced lifestyle with accessible home values relative to local income levels.
50 schools tracked · 39,197 students
The largest public schools serving Salt Lake City, UT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
West High
Grades 7-12 · 2,505 students
Brighton High
Grades 8-12 · 2,393 students
Olympus High
Grades 9-12 · 2,167 students
Skyline High
Grades 7-12 · 2,125 students
Highland High
Grades 9-12 · 2,009 students
East High
Grades 9-12 · 1,863 students
Cottonwood High
Grades 9-12 · 1,495 students
Utah Connections Academy
Grades K-12 · 947 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Want a head-to-head view? Compare Salt Lake City side-by-side with any other U.S. city using our market-comparison tool.
For investors evaluating Salt Lake City, the price-to-rent ratio of 29.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 2.5% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Salt Lake City's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Salt Lake City's median home price.
The median home sale price in Salt Lake City is $580,075, down 2.5% from last year.
Homes typically spend 27 days on market before going under contract.
The median household income is $74,925 per year.
With 2.6 months of supply, Salt Lake City is currently a seller's market.
There are currently 576 homes listed for sale in Salt Lake City, UT.
The Zillow Home Value Index (ZHVI) for Salt Lake City is $580,299, representing the typical home value in the area.
The median condo/co-op sale price in Salt Lake City, UT is $387,000, compared to $694,000 for a single-family home, based on the latest Redfin data.
The median single-family home price in Salt Lake City, UT is $694,000 (about $375 per square foot).
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