Market Intelligence · UT / Salt Lake City

Salt Lake City, UT 84121 Housing Market

The typical home value in Salt Lake City 84121 is $743,833, up 3.4% over the past year. Homes are listing at a median price of $881,950 and typically spend 57 days on market.

Updated September 2026Median value$744K

The median home value in Salt Lake City, UT 84121 is $744K as of September 2026, up 3.4% 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.

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Typical 84121 range

$684K to $803K

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

+3.4% over 12 months

Typical home value in 84121 over the last 12 months: $719K in Sep 2025 to $744K in Sep 2026 (+3.4%).

Sep 2025$719K

Sep 2026$744K

The numbers

What is the 84121 housing market like?

Typical home value

$744K

Up3.4%YoY

Median list price

$882K

Down4.7%MoM

Days on market

57

Up9.6%MoM

Homes for sale

131

Up14.9%MoM

Price cuts

36.6%

Up53.2%MoM

New listings

44

Down15.4%MoM

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

The outlook

84121 housing market forecast 2027

+1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 84121 to rise 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 84121 rose 3.4%, per the Zillow Home Value Index.

Will home prices drop in 84121?

Zillow's forecast does not call for a drop: it expects typical home values in 84121 to rise 1.4% by September 2027, after a 3.4% rise 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.

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The comparison

How do 84121 home prices compare?

  • 84121$743,833
  • 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

Salt Lake City 84121 has 131 homes for sale as of September 2026, with 44 new listings entering the market during that month. The median list price sits at $881,950, while the typical home value is $743,833, reflecting a year-over-year gain of 3.4%. Homes are moving at a median pace of 57 days on market. For sellers, the fact that 36.6% of listings have received a price cut suggests a market where initial pricing matters and some adjustment is common.

Monthly payment

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20% · $148,767

Common questions

What people ask us.

What is the typical home value in 84121?

The typical home value is $743,833, which has increased 3.4% over the past year.

How many homes are currently for sale in 84121?

There are 131 homes for sale as of September 2026, with 44 new listings that month.

How long do homes typically stay on the market in 84121?

The median days on market is 57, and the median list price is $881,950.

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