Salt Lake County 1st Quarter 2023 Median Home Prices
Summary of how the Salt Lake County Utah housing market performed in the 1st quarter of 2023.
1st Quarter 2023 Housing Market Update
For the first time in a long time, the median sales price for Salt Lake County homes dropped, with a 1st quarter price of $500,000, a fall of 3.94%. The total number of homes sold fell sharply with 2460 homes sold, down 24.56%. The days on market rose sharply to 40 days, an increase of 566.67%.
Single Family Home Sales
The single-family home market saw the worst drops of all home types in the 1st quarter, dropping 6.49% to stand at $563,650. Total number of sales fell 20% to 1759 sales. The time taken to sell a home climbed 583.33% to sit at 41 days.
Condo Home Sales
The median sales price for a condo dropped 2.78% to $360,000 in the first quarter, while home sales sank 31.99% with 253 homes sold. The total days on market climbed 533.33% to stand at 38 days.
| Zip Code | City | Property Type | Median Price | Percentage Change |
|---|---|---|---|---|
| 84009 * | South Jordan | Single Family | $630,000 | down 10.25% |
| 84009 * | South Jordan | Condo | $396,000 | N/A |
| 84020 | Draper | Single Family | $747,500 | down 21.81% |
| 84020 | Draper | Condo | $365,000 | N/A |
| 84044 | Magna | Single Family | $400,000 | down 5.08% |
| 84044 | Magna | Condo | $264,500 | N/A |
| 84047 | Midvale | Single Family | $433,000 | down 15.92% |
| 84047 | Midvale | Condo | $320,000 | up 3,23% |
| 84065 | Riverton | Single Family | $660,000 | down 6.91% |
| 84065 | Riverton | Condo | No Sales | No Sales |
| 84070 | Sandy | Single Family | $510,500 | down 10.67% |
| 84070 | Sandy | Condo | $344,975 | down 0.87% |
| 84084 | West Jordan | Single Family | $465,000 | down 5.58% |
| 84084 | West Jordan | Condo | $365,000 | N/A |
| 84088 | West Jordan | Single Family | $525,000 | down 8.46% |
| 84088 | West Jordan | Condo | $465,000 | N/A |
| 84092 | Sandy | Single Family | $849,500 | up 7.77% |
| 84092 | Sandy | Condo | $681,250 | N/A |
| 84093 | Sandy | Single Family | $728,850 | down 6.56% |
| 84093 | Sandy | Condo | No Sales | N/A |
| 84094 | Sandy | Single Family | $505,000 | down 12.93% |
| 84094 | Sandy | Condo | $450,000 | N/A |
| 84095 | South Jordan | Single Family | $800,000 | up 1.36% |
| 84095 | South Jordan | Condo | $465,000 | N/A |
| 84096 | Herriman | Single Family | $640,000 | down 7.24% |
| 84096 | Herriman | Condo | $340,000 | N/A |
| 84101 | Salt Lake City | Single Family | $405,000 | N/A |
| 84101 | Salt Lake City | Condo | $550,000 | up 4.76% |
| 84102 | Salt Lake City | Single Family | $615,000 | down 5.38% |
| 84102 | Salt Lake City | Condo | $384,500 | up 2.26% |
| 84103 | Salt Lake City | Single Family | $749,000 | down 21.98% |
| 84103 | Salt Lake City | Condo | $382,500 | down 3.53% |
| 84104 | Salt Lake City | Single Family | $353,000 | down 13.88% |
| 84104 | Salt Lake City | Condo | $220,000 | N/A |
| 84105 | Salt Lake City | Single Family | $665,619 | up 2.4% |
| 84105 | Salt Lake City | Condo | No Sales | N/A |
| 84106 | Salt Lake/Millcreek | Single Family | $575,000 | down 10.16% |
| 84106 | Salt Lake/Millcreek | Condo | $393,500 | up 15.54% |
| 84107 | Murray | Single Family | $540,000 | down 0.42% |
| 84107 | Murray | Condo | $299,900 | up 9.05% |
| 84108 | Salt Lake City | Single Family | $793,000 | down 8.24% |
| 84108 | Salt Lake City | Condo | $496,450 | down 20.44% |
| 84109 | Millcreek | Single Family | $723,500 | down 10.12% |
| 84109 | Millcreek | Condo | $361,000 | N/A |
| 84111 | Salt Lake City | Single Family | $542,500 | down 7.26% |
| 84111 | Salt Lake City | Condo | $420,000 | up 40.47% |
| 84115 | South Salt Lake | Single Family | $444,000 | down 8.55% |
| 84115 | South Salt Lake | Condo | $302,500 | down 28.18% |
| 84116 | Salt Lake City | Single Family | $417,000 | down 5.57% |
| 84116 | Salt Lake City | Condo | $210,000 | N/A |
| 84117 | Holladay | Single Family | $799,900 | down 1.97% |
| 84117 | Holladay | Condo | $298,400 | down 22.69% |
| 84118 | Taylorsville/Kearns | Single Family | $410,000 | down 4.65% |
| 84118 | Taylorsville/Kearns | Condo | $381,400 | N/A |
| 84119 | West Valley City | Single Family | $429,950 | up 2.37% |
| 84119 | West Valley City | Condo | $277,500 | down 14.62% |
| 84120 | West Valley City | Single Family | $429,900 | down 6.75% |
| 84120 | West Valley City | Condo | $385,000 | N/A |
| 84121 | Cottonwood | Single Family | $665,000 | down 12.84% |
| 84121 | Cottonwood | Condo | $468,500 | up 15.39% |
| 84123 | Taylorsville/Murray | Single Family | $470,000 | down 10.65% |
| 84123 | Taylorsville/Murray | Condo | $270,000 | N/A |
| 84124 | Holladay | Single Family | $765,000 | down 10.16% |
| 84124 | Holladay | Condo | $380,000 | N/A |
| 84128 | West Valley City | Single Family | $430,000 | down 7.32% |
| 84128 | West Valley City | Condo | $329,000 | N/A |
| 84129 | Taylorsville | Single Family | $460,000 | down 5.56% |
| 84129 | Taylorsville | Condo | No Sales | N/A |
Data for home prices information provided by WFRMLS.
* The 84009 zip code was added to South Jordan in the 3rd quarter 2015.