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Bowthorpe

SALT LAKE CITY, UT 84124

Real Estate Market Report  ·  Salt Lake County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
48
⇩ 25% vs 64 last year
Pending
16
33% pending ratio
Median Price
$899,000
⇩ 28.1% vs $1,250,000 last year
Average Price
$1,156,436
⇩ 26.5% vs $1,573,829 last year
Days on Market
88
⇩ 6.4% vs 94 days last year

Market Context

Population: 22,918  ·  Density: 1,146.9/mi²  ·  Median household income: $109,264

Typical home value: $654,061  ·  Homeownership: 77.3%

Market Analysis

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

The SALT LAKE CITY, UT real estate market (84124) currently shows 48 active listings, with 16 pending sales. Homes are averaging 88 days on the market before going under contract.

Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 88 days on market compared to 94 days last year.

The median listing price has fallen 28.1% year-over-year, from $1,250,000 to $899,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 48 this year vs 64 last year
  • Days on market: 88 now vs 94 last year

Median & Average Pricing

Year over Year
  • Median: $899,000 (-28.1% YoY)
  • Average: $1,156,436 (-26.5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.5 miles — 861 listings ($731,402,752 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
84124Salt Lake City, UT 841240.0 mi48$55,508,928$899,000$1,156,436
84106Salt Lake City, UT 841063.5 mi87$61,549,716$598,997$707,468
84093Sandy, UT 840935.4 mi31$34,536,325$962,445$1,114,075
84105Salt Lake City, UT 841055.4 mi46$43,833,492$754,000$952,902
84047Midvale, UT 840475.9 mi125$61,513,375$465,000$492,107
84121Salt Lake City, UT 841216.5 mi106$136,456,980$785,000$1,287,330
84111Salt Lake City, UT 841117.1 mi27$21,102,309$559,000$781,567
84119West Valley City, UT 841197.6 mi78$34,341,294$425,000$440,273
84070Sandy, UT 840707.8 mi45$22,993,065$530,000$510,957
84092Sandy, UT 840928.5 mi43$87,227,779$1,276,000$2,028,553
84084West Jordan, UT 840849.0 mi71$35,842,717$510,000$504,827
84088West Jordan, UT 840889.6 mi67$46,010,508$560,000$686,724
84095South Jordan, UT 8409510.5 mi87$90,486,264$749,499$1,040,072

Frequently Asked Questions

How many homes are for sale in SALT LAKE CITY, UT 84124?

As of January 2026, there are 48 active listings in SALT LAKE CITY, UT (zip code 84124), compared to 64 the prior year.

What is the median home price in SALT LAKE CITY, UT 84124?

The median listing price in SALT LAKE CITY, UT 84124 is $899,000 as of January 2026, a 28.1% decrease from $1,250,000 the prior year.

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

Homes in SALT LAKE CITY, UT 84124 spend an average of 88 days on the market before going under contract, compared to 94 days the prior year.

Is it a seller's or buyer's market in SALT LAKE CITY, UT 84124?

Based on current inventory and days-on-market data as of January 2026, SALT LAKE CITY, UT 84124 is currently a Seller's Market. Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 88 days on market compared to 94 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 84124 save an estimated $17,980 compared to a typical 5% commission on the median listing price of $899,000. 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.