Name: South Salt Lake Real Estate Market Data
Creator: Propaired

Question 1

What is the median home price in South Salt Lake, Utah in 2026?

Accepted Answer

As of May 2026, the median home price in South Salt Lake, Utah is $472,340, which is 8.8% below the Utah state median of $517,990. Home prices in South Salt Lake range from $190,900 to $715,000, with an average sale price of $460,609. These figures are based on recent closed transactions in the South Salt Lake real estate market.

Question 2

Is South Salt Lake, Utah a buyer's or seller's market?

Accepted Answer

South Salt Lake, Utah is currently a balanced market. Key indicators include an average sale-to-list price ratio of 99.9% and homes spending an average of 64 days on the market. South Salt Lake homes trade about 9% below the Utah median, sell faster (64 vs 72 days) and at near‑list prices, while inventory remains ample.

Question 3

How long do homes stay on the market in South Salt Lake?

Accepted Answer

Homes in South Salt Lake, Utah spend an average of 64 days on the market before going under contract compared to the Utah state average of 72 days (10.6% below average). This gives buyers time to carefully evaluate options and negotiate terms. Properties that are priced competitively and show well tend to sell fastest.

Question 4

How many homes are for sale in South Salt Lake, Utah?

Accepted Answer

As of May 2026, there are 32 active homes for sale in South Salt Lake, Utah with 69 new listings added recently. In the most recent reporting period, 27 transactions closed in South Salt Lake. The inventory level can change quickly, so checking regularly helps buyers stay ahead of new opportunities.

Question 5

Are there new construction homes for sale in South Salt Lake, Utah?

Accepted Answer

Yes — South Salt Lake currently has 69 new listings recently added to the market, with prices starting from $190,900. New construction homes (year built ≥ 2025 or builder-flagged in MLS) can be found using the "New Construction" filter on Propaired. The overall median home price in South Salt Lake is $472,340.

Question 6

How does South Salt Lake compare to the Utah state average?

Accepted Answer

South Salt Lake home prices are 8.8% below the Utah state median of $517,990, with a local median of $472,340. Homes sell faster than the state average — 64 days in South Salt Lake vs 72 days statewide (10.6% below average). The sale-to-list ratio is 99.9% locally vs 99.0% statewide.

Question 7

Are homes in South Salt Lake more expensive than the Utah average?

Accepted Answer

No, homes in South Salt Lake are more affordable than the Utah state average. The median home price in South Salt Lake is $472,340, compared to the statewide median of $517,990 — a difference of $45,650 (-8.8%). This makes South Salt Lake an attractive option for buyers seeking value in Utah.

Question 8

Do homes sell faster in South Salt Lake than the rest of Utah?

Accepted Answer

Yes, homes in South Salt Lake sell faster than the Utah average. The average days on market in South Salt Lake is 64 days, compared to 72 days statewide (10.6% below average). This faster pace signals strong buyer demand in the area. The overall market temperature is considered balanced.

Question 9

How have home prices changed in South Salt Lake over the past year?

Accepted Answer

Home prices in South Salt Lake, Utah have increased by 8.1% over the past year. The median sale price went from $397,830 to $430,000. This strong appreciation reflects growing demand in the area. Check the South Salt Lake market trends section above for detailed charts.

Question 10

Is the South Salt Lake housing market heating up or cooling down?

Accepted Answer

The South Salt Lake housing market is currently heating up, with prices up 8.1% year-over-year and days on market decreasing by 15.2%. The market temperature is rated "balanced" based on current conditions. South Salt Lake homes trade about 9% below the Utah median, sell faster (64 vs 72 days) and at near‑list prices, while inventory remains ample. Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 11

What were South Salt Lake home prices this time last year?

Accepted Answer

In May 2025, the median home sale price in South Salt Lake, Utah was $397,830. Today, the median is $430,000, representing a change of +8.1% ($32,170 increase). During that same period, the average days on market went from 48 to 40 days.

Question 12

What is the current market outlook for South Salt Lake, Utah?

Accepted Answer

South Salt Lake’s residential market is currently priced below the state average, with a median close price of $472,340 versus Utah’s $518,888. The market has seen a steep 20.4% month‑over‑month price decline, yet demand remains solid: the sale‑to‑list ratio sits at 99.9% and properties are selling about 8 days faster than the state average (64 days vs 72). Inventory is relatively high, with 71 new listings over the past three months compared with only 27 closed transactions, suggesting a modest surplus of supply that is tempering price growth.

On the macro side, mortgage rates have edged higher in the last 30 days, climbing from a low of 6.06% in February to 6.35% in May for the 30‑year loan, while the Fed Funds rate has held steady at 3.64% since March. Unemployment is stable (U.S. ≈ 4.3%, Utah ≈ 3.6%) and consumer sentiment has plateaued around 56.4, providing a neutral economic backdrop. Housing starts and permits remain robust, and regional real‑estate sentiment hovers near the midpoint of its index, reinforcing a balanced market regime. Recent local news—such as the new Utah e‑bike law and shifts within the LDS Church—may subtly influence demographic trends, but they have not yet translated into noticeable market volatility. Overall, the market is balanced, with price pressure easing while demand stays resilient. The market temperature is rated "balanced." South Salt Lake homes trade about 9% below the Utah median, sell faster (64 vs 72 days) and at near‑list prices, while inventory remains ample.

Question 13

What are the key highlights of the South Salt Lake housing market?

Accepted Answer

Key highlights of the South Salt Lake, Utah housing market include: Median sale price is $472,340, roughly 9% lower than the Utah median of $518,888.. Prices fell 20.4% month‑over‑month, indicating a sharp short‑term correction.. Homes spend only 64 days on market, 10% less time than the state average.. These insights are derived from recent MLS transaction data and local market analysis.

Question 14

What is the price range for homes in South Salt Lake, Utah?

Accepted Answer

Homes in South Salt Lake, Utah range from $190,900 to $715,000, with a median price of $472,340. The standard deviation is $140,371, indicating relatively consistent pricing across the area. This range reflects the diversity of housing options available, from starter homes to luxury properties.

Question 15

How do South Salt Lake schools compare to the state average?

Accepted Answer

Of the 4 schools in South Salt Lake, 0 (0%) are rated as high-performing and 0 have strong academics indicators. Families should research individual school ratings on our South Salt Lake schools page for detailed performance breakdowns.

Question 16

What is the internet quality in South Salt Lake, Utah?

Accepted Answer

South Salt Lake has an average broadband download speed of 9733 Mbps and 100% of homes have access to fiber internet. Top internet providers include Utah Telecommunication Open Infrastructure Agency, Google Fiber. This is above average for Utah, supporting remote work and streaming. Residents have an average of 14.6 provider options.

Question 17

Are single-family homes or condos a better investment in South Salt Lake?

Accepted Answer

In South Salt Lake, single-family homes have a median price of $539,900 (+18.7% YoY), while townhomes/condos are $370,000 (+17.5% YoY). SFRs sell in 36 days vs 18 days for condos. Single-family homes are appreciating faster. Both property types are available with AI-powered search on Propaired.

Question 18

What is the price per square foot in South Salt Lake?

Accepted Answer

The median price per square foot in South Salt Lake, Utah is $278. The average home size is 1,614 sqft. This metric helps compare value across neighborhoods and property types — a lower price per sqft may indicate better value, while higher prices often reflect premium locations or finishes.

Question 19

Is now a good time to buy a home in South Salt Lake, Utah?

Accepted Answer

The 30-year mortgage rate is currently 6.35% and Utah's unemployment rate is 3.6%, with South Salt Lake's market rated as "balanced." Prices are rising at 8.1% year-over-year. Current conditions may favor buyers with more negotiating room. Market timing depends on your personal financial situation and goals.

Question 20

When is the best time to buy a home in South Salt Lake?

Accepted Answer

Historically, May offers the most new listings in South Salt Lake, giving buyers the widest selection. Spring (April–June) typically sees the most inventory while winter months often have less competition and potentially more motivated sellers. However, Utah's growing market means opportunities exist year-round. Set up alerts on Propaired to be notified when new listings match your criteria.

Question 21

Is South Salt Lake a safe place to live?

Accepted Answer

South Salt Lake has a safety rating of 1.0 out of 10 (10 = safest) based on 2024 BCI NIBRS data. The overall crime rate is 180.2 per 1,000 residents, which is 289% above the statewide average, making it higher than average for crime. The violent crime rate is 29.1 per 1,000 residents and the property crime rate is 89.6 per 1,000 residents. (Population: 25,930)

Question 22

What is the crime rate in South Salt Lake?

Accepted Answer

In 2024, South Salt Lake's total NIBRS crime rate was 180.2 offenses per 1,000 residents. This includes crimes against persons (29.1 per 1K), property crimes (89.6 per 1K), and crimes against society. For comparison, the statewide average is approximately 46.4 per 1,000 residents. Source: Bureau of Criminal Identification NIBRS report.

Market Overview

Key Metrics

Detailed Market Analysis

Advanced Metrics

Trend Charts

Price Distribution & Property Mix

Featured Homes in South Salt Lake

$190,700

$729,900

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$795,000

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$339,900

$398,000

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$364,900

Deals & Lifestyle in South Salt Lake

$190,700

$729,900

$204,900

$549,900

$795,000

$429,000

$339,900

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$352,000

$409,900

$364,900

$339,900

$204,900

$549,900

$599,900

$489,000

$399,000

$489,000

Highlights in South Salt Lake

$4,900,000

$2,300,000

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$1,400,000

$1,200,000

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$479,000

$615,000

$2,395

Contact for Price

$399,000

$445,000

$599,900

$530,000

Contact for Price

$190,700

$729,900

$795,000

$429,000

$352,000

$495,000

$1,095,000

$495,000

$625,000

$1,200,000

$364,900

$639,900

$669,500

South Salt Lake Real Estate FAQ

Frequently Asked Questions About South Salt Lake Real Estate

What is the median home price in South Salt Lake, Utah in 2026?

What is the median home price in South Salt Lake, Utah in 2026?

Is South Salt Lake, Utah a buyer's or seller's market?

Is South Salt Lake, Utah a buyer's or seller's market?

How long do homes stay on the market in South Salt Lake?

How long do homes stay on the market in South Salt Lake?

How many homes are for sale in South Salt Lake, Utah?

How many homes are for sale in South Salt Lake, Utah?

Are there new construction homes for sale in South Salt Lake, Utah?

Are there new construction homes for sale in South Salt Lake, Utah?

How does South Salt Lake compare to the Utah state average?