Market Intelligence · UT / Salt Lake City

Salt Lake City, UT 84123 Housing Market

The typical home value in Salt Lake City's 84123 ZIP code is $532,843, up 1.2% over the past year. Homes here carry a median list price of $525,000 and spend a median of 55 days on the market.

Updated August 2026Median value$533K

The median home value in Salt Lake City, UT 84123 is $533K as of August 2026, up 1.2% 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

$490K to $575K

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

+1.2% over 12 months

Typical home value in 84123 over the last 12 months: $526K in Aug 2025 to $533K in Aug 2026 (+1.2%).

Aug 2025$526K

Aug 2026$533K

The numbers

What is the 84123 housing market like?

Typical home value

$533K

Up1.2%YoY

Median list price

$525K

Down0.9%MoM

Days on market

55

Up19.6%MoM

Homes for sale

64

Up10.3%MoM

Price cuts

41.0%

Up28.1%MoM

New listings

16

Down52.9%MoM

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

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The comparison

How do 84123 home prices compare?

  • 84123$532,843
  • Salt Lake City$534,559
  • Utah$497,284
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Salt Lake City: 18 ZIPs; Utah: 186 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, there are 64 homes for sale in 84123, with 16 new listings coming on the market. The median list price sits at $525,000, close to the typical home value of $532,843, which is up 1.2% over the past year. Sellers are adjusting expectations, with 41.0% of listings taking a price cut, and homes are taking a median of 55 days to sell. For a seller, the data points to a slow-moving market where pricing right from the start matters.

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