The Downtown Salt Lake City housing market is somewhat competitive. Homes in Downtown Salt Lake City receive 2 offers on average and sell in around 54 days. The median sale price of a home in Downtown Salt Lake City was $459K last month, down 6.3% since last year. The median sale price per square foot in Downtown Salt Lake City is $537, up 18.0% since last year.
What is the housing market like in Downtown Salt Lake City today?
In April 2024, Downtown Salt Lake City home prices were down 6.3% compared to last year, selling for a median price of $459K. On average, homes in Downtown Salt Lake City sell after 54 days on the market compared to 48 days last year. There were 35 homes sold in April this year, up from 35 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$459,000
-6.3% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Downtown Salt Lake City, UT
$459,000
-6.3%
United States
To compare other locations to the Downtown Salt Lake City and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Salt Lake City add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown Salt Lake City housing market?
Downtown Salt Lake City is somewhat competitive. Homes sell in 46 days.
0
100
46
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 46 days.
Hot homes
can sell for around list price and go pending in around 17 days.
Learn about schools in the Downtown Salt Lake City area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Salt Lake City housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Salt Lake City.
Risk Factor
Flood Factor - Severe
69% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Salt Lake City has a severe risk of flooding. 1,639 properties in Downtown Salt Lake City are likely to be
severely affected
by flooding over the next 30 years. This represents 69% of all properties in Downtown Salt Lake City. Flood risk is increasing slower than the national average.
34% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Salt Lake City has a moderate risk of wildfire. There are 1,350 properties in Downtown Salt Lake City that have some risk of being affected by wildfire over the next 30 years. This represents 34% of all properties in Downtown Salt Lake City.
Downtown Salt Lake City has minimal risk of severe winds over the next 30 years
Wind Factor
Downtown Salt Lake City has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
83% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Downtown Salt Lake City has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 83% of homes in Downtown Salt Lake City have a Moderate Heat Factor®.
Downtown Salt Lake City is expected to see a 157% increase in the number of days over 95ºF over the next 30 years. Downtown Salt Lake City is expected to experience 7