Market Intelligence · UT / Salt Lake City

Salt Lake City, UT 84118 Housing Market

The typical home value in 84118 is $441,974, down 1.2% over the past year. The median list price stands at $442,125, with homes taking a median of 42 days to sell as of September 2026.

Updated September 2026Median value$442K

The median home value in Salt Lake City, UT 84118 is $442K as of September 2026, down 1.2% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

Sell without the wait

Sell your Salt Lake City home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 84118 range

$407K to $477K

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.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 84118 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Salt Lake City, UT.

12-month value trend

-1.2% over 12 months

Sep 2025$447K

Low $442KHigh $451K

Sep 2026$442K

The numbers

What is the 84118 housing market like?

As of September 2026

Typical home value

$442K

1.2%YoY

Median list price

$442K

0.1%MoM

Days on market

2.3%MoM

Homes for sale

9.1%MoM

Price cuts

26.1%

9.1%MoM

New listings

18.8%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

84118 housing market forecast 2027

+1.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 84118 to rise 1.0% by September 2027.

Over the 12 months through September 2026, typical home values in 84118 fell 1.2%, per the Zillow Home Value Index.

Will home prices drop in 84118?

Zillow's forecast does not call for a drop: it expects typical home values in 84118 to rise 1.0% by September 2027, after a 1.2% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

Free home value report

See what your 84118 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 84118 home prices compare?

84118$441,974
Salt Lake City$530,296
Utah$497,454
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Salt Lake City: 18 ZIPs; Utah: 186 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 60 homes for sale in 84118, with 38 new listings added to the market. The median days on market of 42 suggests homes are moving at a measured pace. About 26.1% of listings have seen a price cut, reflecting some seller adjustment as values soften. The median list price of $442,125 aligns closely with typical home values. For sellers, this is a market that rewards realistic pricing and honest positioning.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $88,395

Term

Rate (%)

Common questions

What people ask us.

What is the typical home value in 84118?

The typical home value is $441,974, down 1.2% over the past year as of September 2026.

How many homes are currently for sale in 84118?

There are 60 homes for sale in 84118 as of September 2026, with 38 new listings recently added.

How long do homes typically stay on the market in 84118?

The median days on market is 42 as of September 2026.

Discover

Nearby ZIP markets.

Keep reading