Market Intelligence · UT / Salt Lake City

Salt Lake City, UT 84116 Housing Market

Homes in Salt Lake City's 84116 ZIP typically trade at $455,735, down 0.8% over the past year. Current listings sit at a median price of $434,975, with homes averaging 53 days on market.

Updated June 2026Median value$456K

The median home value in Salt Lake City, UT 84116 is $456K as of June 2026, down 0.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 84116 range

$419K to $492K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.8% over 12 months

Typical home value in 84116 over the last 12 months: $460K in Jun 2025 to $456K in Jun 2026 (-0.8%).

Jun 2025$460K

Jun 2026$456K

The numbers

What is the 84116 housing market like?

Typical home value

$456K

Down0.8%YoY

Median list price

$435K

Days on market

53

Up55.9%MoM

Homes for sale

29

Price cuts

13.8%

New listings

18

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 84116 home prices compare?

  • 84116$455,735
  • Salt Lake City$540,334
  • Utah$500,515
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Salt Lake City: 18 ZIPs; Utah: 186 ZIPs; United States: 26,270 ZIPs).

Context

The ZIP has 29 homes listed for sale as of June 2026, with 18 new listings added recently. At a median of 53 days on market, homes are taking about a month and a half to sell. The median list price of $434,975 sits modestly below the typical home value of $455,735. Price cuts appear on 13.8% of listings, a sign that sellers are adjusting expectations. For someone considering a sale, this points to a market where negotiation and realistic pricing matter more than in stronger conditions.

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20% · $91,147

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