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SALT LAKE CITY, UT 84121

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The SALT LAKE CITY, UT real estate market (84121) currently shows 113 active listings, with 37 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 51 days on market compared to 50 days last year.

The median listing price has fallen 7.9% year-over-year, from $799,900 to $737,000.

Whether you are buying or selling in SALT LAKE CITY, UT, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 39,759  ·  Density: 238.2/mi²  ·  Median household income: $108,873

Typical home value: $532,957  ·  Homeownership: 75.0%

Market Overview

Active Listings
113
⇧ 14.1% vs 99 last year
Pending
37
33% pending ratio
Median Price
$737,000
⇩ 7.9% vs $799,900 last year
Average Price
$1,232,743
⇩ 19.8% vs $1,537,565 last year
Days on Market
51
⇧ 2% vs 50 days last year

Price Per Square Foot

Median $/sqft
$313
vs $313/sqft last year
Median Home Size
2,611 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 113 this year vs 99 last year
  • Days on market: 51 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $737,000 (-7.9% YoY)
  • Average: $1,232,743 (-19.8% 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 13.9 miles — 1,351 listings ($2,083,405,941 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
84121Salt Lake City, UT 841210.0 mi118$146,735,242$749,950$1,243,519
84109Salt Lake City, UT 841095.3 mi49$63,029,092$899,750$1,286,308
84093Sandy, UT 840937.1 mi41$49,357,727$828,750$1,203,847
84094Sandy, UT 840949.3 mi52$31,979,220$582,444$614,985
84107Salt Lake City, UT 8410710.0 mi131$69,136,429$501,750$527,759
84047Midvale, UT 8404710.2 mi131$64,633,173$461,975$493,383
84070Sandy, UT 8407010.5 mi49$26,290,509$536,225$536,541
84108Salt Lake City, UT 8410811.4 mi38$63,197,230$1,224,500$1,663,085
84098Park City, UT 8409811.7 mi463$1,309,841,353$1,350,000$2,829,031
84123Salt Lake City, UT 8412311.9 mi81$41,051,205$499,975$506,805
84020Draper, UT 8402012.3 mi131$159,537,826$858,675$1,217,846
84111Salt Lake City, UT 8411113.2 mi25$21,063,475$543,250$842,539
84101Salt Lake City, UT 8410113.9 mi42$37,553,460$560,000$894,130

Frequently Asked Questions

How many homes are for sale in SALT LAKE CITY, UT 84121?

As of March 2026, there are 113 active listings in SALT LAKE CITY, UT (zip code 84121), compared to 99 the prior year.

What is the median home price in SALT LAKE CITY, UT 84121?

The median listing price in SALT LAKE CITY, UT 84121 is $737,000 as of March 2026, a 7.9% decrease from $799,900 the prior year.

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

Homes in SALT LAKE CITY, UT 84121 spend an average of 51 days on the market before going under contract, compared to 50 days the prior year.

Is it a seller's or buyer's market in SALT LAKE CITY, UT 84121?

Based on current inventory and days-on-market data as of March 2026, SALT LAKE CITY, UT 84121 is currently a Buyer's Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 51 days on market compared to 50 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 84121 save an estimated $14,740 compared to a typical 5% commission on the median listing price of $737,000. 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.