Is Salt Lake City, UT a buyer's market or a seller's market?
Salt Lake City, UT is a balanced market right now. There are 3,669 homes for sale, and at the current pace of sales it would take about 3.0 months to sell all of them.
The rule of thumb agents use: under three months of homes for sale favors sellers, over five months favors buyers, and in between is a fair fight. Salt Lake City, UT sits at 3.0.
Buyers and sellers are about evenly matched right now. The typical home took 35 days to go under contract, and 29% of sales closed above the asking price.
Source: Redfin's published market data for the Salt Lake City, UT area, through May 2026.
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More about the Salt Lake City, UT market
- When is the best month to sell a house in Salt Lake City, UT?
- How long does it take to sell a house in Salt Lake City, UT?
- Do homes sell above asking price in Salt Lake City, UT?
- Are home prices going up or down in Salt Lake City, UT?
- How many homes are for sale in Salt Lake City, UT?
- All Salt Lake City, UT housing numbers
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Figures come from Redfin's published market data for the Salt Lake City, UT area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.