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Featured local agent — South Salt Lake, UT
Sarah Mitchell
Compass Real Estate · South Salt Lake, UT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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South Salt Lake, UT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$472,340median sale price
How is the South Salt Lake, UT housing market right now?
The median home sale price in South Salt Lake, UT is $472,340, up 18.1% year-over-year. Homes sell in an average of 26 days with 63 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.)
Is South Salt Lake a buyer's or seller's market?
South Salt Lake, UT is currently a seller's market, based on 2.5 months of supply and homes selling in about 26 days. How we determine this →
Homes sold
25
Last 12 weeks
Days on market
26
Average pace
Active listings
63
2.5 months supply
Sale-to-list
99.0%
Below asking
What does the South Salt Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $472,340 |
| Median list price | $479,900 |
| Year-over-year price change | +18.1% |
| Average days on market | 26 days |
| Active inventory | 63 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 99.0% |
| Median price per sq ft | $307/sq ft |
| Homes sold (latest month) | 25 |
| New listings (latest month) | 31 |
| Listings with a price cut | 46.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in South Salt Lake by property type?
How the South Salt Lake, 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 | $542,500 | $336/sq ft | 14 | 40 days |
| Condo / Co-op | $305,000 | $296/sq ft | 4 | 22 days |
| Townhouse | $430,000 | $294/sq ft | 7 | 8 days |
Source: Redfin · Updated monthly
The South Salt Lake housing market is currently classified as a seller's market with a median sale price of $472,340. Prices have risen 18.1% compared to last year, with homes spending an average of 26 days on market, indicating 2.5 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 6.5x provides context for how home values compare to local earning capacity.
Homes for sale in South Salt Lake
There are currently 63 homes listed for sale in South Salt Lake, Utah. The median listing price is $480K.
Active listings
63
Homes on market
Median list price
$480K
Avg. days on market
26
Days until sale
New this week
31
Newly listed
Who lives in South Salt Lake?
Population
26,277
Median income
$68,035/yr
Median age
31.5 years
Owner-occupied
37.9%
College grads
33.9%
Avg commute
19.7 min
Source: U.S. Census Bureau ACS
What are homes worth in South Salt Lake?
Zillow home value
$444,319
Zillow rent index
$1,541/mo
Price-to-rent ratio
24.0x
Price-to-income
6.5x
Source: Zillow Research
What is it like to live in South Salt Lake?
South Salt Lake is a community of approximately 26K residents with a median age of 31.5 years.The median household income is $68,035, which represents a working-class community with solid middle-income opportunities. 33.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 37.9%, showing a blend of owner and renter-occupied properties. The average commute time is 19.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, South Salt Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve South Salt Lake?
1 schools tracked · 221 students
The largest public schools serving South Salt Lake, 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.
Utah International Charter School
Grades 6-12 · 221 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near South Salt Lake, UT?
Want a head-to-head view? Compare South Salt Lake side-by-side with any other U.S. city using our market-comparison tool.
Is South Salt Lake a good real estate investment market?
For investors evaluating South Salt Lake, the price-to-rent ratio of 24.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 18.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on South Salt Lake's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using South Salt Lake's median home price.
Frequently asked questions
What is the average home price in South Salt Lake?
The median home sale price in South Salt Lake is $472,340, up 18.1% from last year.
How long do homes stay on market in South Salt Lake?
Homes typically spend 26 days on market before going under contract.
What is the median income in South Salt Lake?
The median household income is $68,035 per year.
Is South Salt Lake a buyer's or seller's market?
With 2.5 months of supply, South Salt Lake is currently a seller's market.
What is the Zillow home value estimate for South Salt Lake?
The Zillow Home Value Index (ZHVI) for South Salt Lake is $444,319, representing the typical home value in the area.
What is the median condo price in South Salt Lake?
The median condo/co-op sale price in South Salt Lake, UT is $305,000, compared to $542,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in South Salt Lake?
The median single-family home price in South Salt Lake, UT is $542,500 (about $336 per square foot).
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