Salt Lake County 2021 3rd Quarter Median Home Prices
Summary of how the Salt Lake County Utah housing market performed in the 3rd quarter of 2021.
2021 3rd Quarter Housing Market Update
Salt Lake County home prices continued their seemingly endless climb, with the median home price climbing from $455,000 to $478,539 in a single quarter and climbing 24.30% in the last year. While prices continued to climb the number of sales did not follow suit, in fact, they declined 19.11% compared to the same time last year. This decline was in part due to fewer homes coming on the market, and maybe also the result of home buyer fatigue. Those homes that sold, sold fast, taking just a median of 7 days to go under contract.
Single Family Home Sales
Single-family home prices hit the $550,000 level to set a new all-time high, 27.17% higher than last year. Sales were down 27.17% but homes sold extremely fast, taking a median of just 7 days.
Condo Home Sales
The condo market while not performing to the same level as single-family homes, still returned a very healthy 15.46% increase in sales price. The median sales price stood at $280,000 for the quarter. Unlike other home types, condos saw a large increase in sales, with 27.03% more condos selling when compared to last year.
Zip Code | City | Property Type | Median Price | Percentage Change |
---|---|---|---|---|
84009 * | South Jordan | Single Family | $632,450 | up 31.27% |
84009 * | South Jordan | Condo | $303,000 | up 37.10% |
84020 | Draper | Single Family | $872,000 | up 33.33% |
84020 | Draper | Condo | $364,000 | NA |
84044 | Magna | Single Family | $392,000 | up 26.45% |
84044 | Magna | Condo | $220,000 | NA |
84047 | Midvale | Single Family | $471,000 | up 21.71% |
84047 | Midvale | Condo | $275,000 | up 25.18% |
84065 | Riverton | Single Family | $640,000 | up 33.60% |
84065 | Riverton | Condo | $365,000 | NA |
84070 | Sandy | Single Family | $488,500 | up 24.98% |
84070 | Sandy | Condo | $310,000 | up 27.05% |
84084 | West Jordan | Single Family | $477,500 | up 28.02% |
84084 | West Jordan | Condo | $299,000 | up 25.88% |
84088 | West Jordan | Single Family | $500,000 | up 20.48% |
84088 | West Jordan | Condo | $430,000 | NA |
84092 | Sandy | Single Family | $800,000 | up 39.74% |
84092 | Sandy | Condo | $657,500 | NA |
84093 | Sandy | Single Family | $662,500 | up 13.25% |
84093 | Sandy | Condo | $510,000 | NA |
84094 | Sandy | Single Family | $525,000 | up 29.63% |
84094 | Sandy | Condo | $288,000 | NA |
84095 | South Jordan | Single Family | $720,000 | up 31.87% |
84095 | South Jordan | Condo | $457,500 | NA |
84096 | Herriman | Single Family | $637,500 | up 34.21% |
84096 | Herriman | Condo | $291,086 | up 12.00% |
84101 | Salt Lake City | Single Family | $385,500 | NA |
84101 | Salt Lake City | Condo | $420,000 | up 11.41% |
84102 | Salt Lake City | Single Family | $630,000 | up 9.57% |
84102 | Salt Lake City | Condo | $305,500 | up 6.59% |
84103 | Salt Lake City | Single Family | $832,500 | up 30.44% |
84103 | Salt Lake City | Condo | $340,000 | up 25.93% |
84104 | Salt Lake City | Single Family | $364,500 | up 27.67% |
84104 | Salt Lake City | Condo | $185,000 | NA |
84105 | Salt Lake City | Single Family | $681,000 | up 36.21% |
84105 | Salt Lake City | Condo | $210,000 | N/A |
84106 | Salt Lake/Millcreek | Single Family | $575,500 | up 19.83% |
84106 | Salt Lake/Millcreek | Condo | $328,250 | up 26.25% |
84107 | Murray | Single Family | $507,000 | up 24.26% |
84107 | Murray | Condo | $275,000 | up 30.95% |
84108 | Salt Lake City | Single Family | $830,000 | up 24.94% |
84108 | Salt Lake City | Condo | $425,000 | up 7.90% |
84109 | Millcreek | Single Family | $729,000 | up 23.56% |
84109 | Millcreek | Condo | $331,000 | NA |
84111 | Salt Lake City | Single Family | $452,000 | up 18.95% |
84111 | Salt Lake City | Condo | $354,000 | up 20% |
84115 | South Salt Lake | Single Family | $414,000 | up 16.62% |
84115 | South Salt Lake | Condo | $325,000 | up 26.46% |
84116 | Salt Lake City | Single Family | $420,000 | up 26.89% |
84116 | Salt Lake City | Condo | $195,000 | NA |
84117 | Holladay | Single Family | $759,000 | up 16.79% |
84117 | Holladay | Condo | $277,500 | up 14.67% |
84118 | Taylorsville/Kearns | Single Family | $400,000 | up 28.21% |
84118 | Taylorsville/Kearns | Condo | No Sales | NA |
84119 | West Valley City | Single Family | $395,000 | up 25.40% |
84119 | West Valley City | Condo | $275,000 | up 29.72% |
84120 | West Valley City | Single Family | $413,500 | up 29.12% |
84120 | West Valley City | Condo | $218,500 | NA |
84121 | Cottonwood | Single Family | $650,500 | up 11.87% |
84121 | Cottonwood | Condo | $395,000 | up 15.75% |
84123 | Taylorsville/Murray | Single Family | $503,000 | up 27.99% |
84123 | Taylorsville/Murray | Condo | $270,300 | up 25.72% |
84124 | Holladay | Single Family | $704,375 | up 18.18% |
84124 | Holladay | Condo | $287,950 | up 4.80% |
84128 | West Valley City | Single Family | $455,000 | up 30% |
84128 | West Valley City | Condo | No Sales | NA |
84129 | Taylorsville | Single Family | $435,000 | up 24.32% |
84129 | Taylorsville | Condo | $225,000 | NA |