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Downtown (Central)

SALT LAKE CITY, UT 84111

Real Estate Market Report  ·  Salt Lake County
Balanced Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 84111

Downtown (Central)

Market Analysis

Data as of September 2026. Source: Realtor.com.

The SALT LAKE CITY, UT real estate market (84111) currently shows 53 active listings, with 10 pending sales. Homes are averaging 99 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 99 days on market compared to 104 days last year.

The median listing price has risen 14.3% year-over-year, from $437,450 to $499,999.

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Market Context

Market Context

Population: 12,882  ·  Density: 3,655.9/mi²  ·  Median household income: $51,624

Typical home value: $374,942  ·  Homeownership: 24.0%

Market Overview

Active Listings
53
⇧ 3.9% vs 51 last year
Pending
10
19% pending ratio
Median Price
$499,999
⇧ 14.3% vs $437,450 last year
Average Price
$602,115
⇧ 3.8% vs $579,924 last year
Days on Market
99
⇩ 4.8% vs 104 days last year

Price Per Square Foot

Median $/sqft
$374
⇩ 15% vs $440/sqft last year
Median Home Size
1,155 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
—

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 53 this year vs 51 last year
  • Days on market: 99 now vs 104 last year

Median & Average Pricing

Year over Year
  • Median: $499,999 (+14.3% YoY)
  • Average: $602,115 (+3.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.6 miles — 871 listings ($532,598,726 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
84111Salt Lake City, UT 841110.0 mi25$21,063,475$543,250$842,539
84102Salt Lake City, UT 841021.1 mi53$33,073,113$434,500$624,021
84115Salt Lake City, UT 841152.9 mi57$26,335,083$478,375$462,019
84103Salt Lake City, UT 841033.8 mi87$92,955,846$819,925$1,068,458
84104Salt Lake City, UT 841045.2 mi41$16,305,044$390,475$397,684
84107Salt Lake City, UT 841076.8 mi131$69,136,429$501,750$527,759
84123Salt Lake City, UT 841237.0 mi81$41,051,205$499,975$506,805
84120West Valley City, UT 841207.4 mi91$46,544,498$474,900$511,478
84129Salt Lake City, UT 841298.2 mi80$42,462,080$499,875$530,776
84116Salt Lake City, UT 841168.7 mi53$21,760,793$418,725$410,581
84087Woods Cross, UT 840879.5 mi41$22,126,716$537,000$539,676
84109Salt Lake City, UT 8410910.1 mi49$63,029,092$899,750$1,286,308
84118Salt Lake City, UT 8411810.6 mi82$36,755,352$437,200$448,236

Frequently Asked Questions

How many homes are for sale in SALT LAKE CITY, UT 84111?

As of September 2026, there are 53 active listings in SALT LAKE CITY, UT (zip code 84111), compared to 51 the prior year.

What is the median home price in SALT LAKE CITY, UT 84111?

The median listing price in SALT LAKE CITY, UT 84111 is $499,999 as of September 2026, a 14.3% increase from $437,450 the prior year.

How long do homes stay on the market in SALT LAKE CITY, UT?

Homes in SALT LAKE CITY, UT 84111 spend an average of 99 days on the market before going under contract, compared to 104 days the prior year.

Is it a seller's or buyer's market in SALT LAKE CITY, UT 84111?

Based on current inventory and days-on-market data as of September 2026, SALT LAKE CITY, UT 84111 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 99 days on market compared to 104 days last year.

How much can I save on real estate commission in SALT LAKE CITY, UT?

With SELL123.com's maximum 3% commission, sellers in SALT LAKE CITY, UT 84111 save an estimated $10,000 compared to a typical 5% commission on the median listing price of $499,999. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.