Home ValuePros

Market Intelligence · UT / Salt Lake City

Salt Lake City, UT 84123 Housing Market

The typical home in Salt Lake City, UT 84123 is worth $539,482, up 1.4% over the past year. The median list price stands at $486,975, with homes spending a median of 51 days on the market.

Updated June 2026Median value$539K

The median home value in Salt Lake City, UT 84123 is $539K as of June 2026, up 1.4% 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 84123 range

$496K to $583K

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

+1.4% over 12 months

Typical home value in 84123 over the last 12 months: $532K in Jun 2025 to $539K in Jun 2026 (+1.4%).

Jun 2025$532K

Jun 2026$539K

The numbers

What is the 84123 housing market like?

Typical home value

$539K

Up1.4%YoY

Median list price

$487K

Days on market

51

Up30.8%MoM

Homes for sale

57

Price cuts

26.1%

New listings

40

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

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The comparison

How do 84123 home prices compare?

  • 84123$539,482
  • 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

There are 57 homes for sale in 84123 as of June 2026, with 40 new listings in the most recent period. The median list price of $486,975 sits below the typical home value of $539,482, suggesting room between asking and actual home worth. However, 26.1% of listings have seen price cuts, indicating sellers are adjusting expectations. With a median of 51 days on market, homes are taking moderate time to move. If you're considering selling, the modest year-over-year appreciation and prevalence of price reductions suggest a balanced market where pricing realistically from the start matters.

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