Market Intelligence · UT / Salt Lake City

Salt Lake City, UT 84118 Housing Market

The typical home value in Salt Lake City 84118 is $450,524, down 0.5% over the past year. The median list price stands at $437,475, with homes spending a median of 48 days on market.

Updated June 2026Median value$451K

The median home value in Salt Lake City, UT 84118 is $451K as of June 2026, down 0.5% 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 84118 range

$414K to $487K

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

-0.5% over 12 months

Typical home value in 84118 over the last 12 months: $453K in Jun 2025 to $451K in Jun 2026 (-0.5%).

Jun 2025$453K

Jun 2026$451K

The numbers

What is the 84118 housing market like?

Typical home value

$451K

Down0.5%YoY

Median list price

$437K

Days on market

48

Up33.3%MoM

Homes for sale

52

Price cuts

30.2%

New listings

30

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

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The comparison

How do 84118 home prices compare?

  • 84118$450,524
  • 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

Currently 52 homes are for sale in this ZIP, with 30 new listings as of early June 2026. Median days on market at 48 suggests a moderate pace of sales activity. About 30.2% of listings have received price cuts, reflecting some softness in buyer demand. The recent decline in typical home value indicates sellers should price competitively and be realistic about what the market will bear.

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