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 July 2026, the median home price in South Salt Lake, Utah is $466,000, which is 11.2% below the Utah state median of $525,000. Home prices in South Salt Lake range from $175,000 to $799,900, with an average sale price of $474,941. 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 warm market that leans slightly toward sellers. Key indicators include an average sale-to-list price ratio of 99.4% and homes spending an average of 48 days on the market. South Salt Lake’s median home price is ~11% below the Utah average, yet properties sell 21% faster and at 99.4% of list price, showing stronger local demand.

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 48 days on the market before going under contract compared to the Utah state average of 61 days (21.2% below average). This is a moderate pace, giving buyers some time to make decisions. 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 July 2026, there are 44 active homes for sale in South Salt Lake, Utah with 68 new listings added recently. In the most recent reporting period, 38 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 68 new listings recently added to the market, with prices starting from $175,000. 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 $466,000.

Question 6

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

Accepted Answer

South Salt Lake home prices are 11.2% below the Utah state median of $525,000, with a local median of $466,000. Homes sell faster than the state average — 48 days in South Salt Lake vs 61 days statewide (21.2% below average). The sale-to-list ratio is 99.4% 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 $466,000, compared to the statewide median of $525,000 — a difference of $59,000 (-11.2%). 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 48 days, compared to 61 days statewide (21.2% below average). This faster pace signals strong buyer demand in the area. The overall market temperature is considered warm.

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 7.1% over the past year. The median sale price went from $420,000 to $450,000. 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 7.1% year-over-year and days on market decreasing by 21.4%. The market temperature is rated "warm" based on current conditions. South Salt Lake’s median home price is ~11% below the Utah average, yet properties sell 21% faster and at 99.4% of list price, showing stronger local demand. 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 June 2025, the median home sale price in South Salt Lake, Utah was $420,000. Today, the median is $450,000, representing a change of +7.1% ($30,000 increase). During that same period, the average days on market went from 48 to 38 days.

Question 12

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

Accepted Answer

South Salt Lake remains a relatively affordable enclave within Utah, with its median closed price at $466 K—about $59 K below the state median. Despite a modest 4.7% month‑over‑month price increase, the market is moving quickly: homes sell in just 48 days, 21% faster than the state average, and the sale‑to‑list ratio sits at 99.4%, indicating buyers are willing to meet asking prices. Single‑family homes are especially hot, posting a 32.1% YoY price jump to $555 K, while townhomes and condos are seeing a modest 6.2% price decline, reflecting divergent demand across property types.

On the macro side, mortgage rates have risen gradually over the past six months, climbing from 6.11% to 6.46% for a 30‑year fixed, and recent news cites spikes to 6.5%‑6.51% due to geopolitical tensions. Unemployment remains stable (U.S. ~4.2‑4.4%, Utah steady at 3.6%), and consumer sentiment is flat, suggesting no immediate economic shock. The combination of rising financing costs and a tight, fast‑moving local inventory keeps the market in a “warm” zone—demand outpacing supply, but with enough price elasticity to absorb modest rate hikes. Buyers should act promptly, especially for single‑family homes, while sellers can expect near‑list offers and quick closings. The market temperature is rated "warm." South Salt Lake’s median home price is ~11% below the Utah average, yet properties sell 21% faster and at 99.4% of list price, showing stronger local demand.

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 price rose 4.7% month‑over‑month to $466 K, while the state median sits at $525 K.. Homes spend only 48 days on market versus the state’s 61‑day average, a 21.2% advantage.. Single‑family homes surged 32.1% YoY to a $555 K median, outpacing the 6.2% YoY dip in townhomes/condos.. Mortgage rates have ticked up modestly (30‑yr 6.11% → 6.46% Jan‑Jul), adding cost pressure but not yet dampening local sales momentum.. 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 $175,000 to $799,900, with a median price of $466,000. The standard deviation is $147,650, 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 $555,000 (+32.1% YoY), while townhomes/condos are $330,000 (-6.2% YoY). SFRs sell in 29 days vs 24 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 $297. The average home size is 1,622 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 6.46% and Utah's unemployment rate is 3.6%, with South Salt Lake's market rated as "warm." Prices are rising at 7.1% year-over-year. Strong demand means well-priced homes move quickly — being pre-approved helps. 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

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South Salt Lake Real Estate FAQ

Frequently Asked Questions About South Salt Lake Real Estate