Salt Lake City, UT
Balanced's marketSalt Lake City's market is in transition: +1.4% YoY, median DOM 13 days. Selective deals only.
DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026
| Detail | Value | Detail | Value |
|---|---|---|---|
| Median list price | $536,567 | Median sale price | $599,207 |
| Sale-to-list ratio | 0.987 | % sold below list | +63.9% |
| Active inventory | 566 | New listings | 230 |
How Salt Lake City has moved.
Salt Lake City sits at a median home value of $580,126 as of the latest Zillow read, essentially flat year-over-year, which historically is the most workable environment for disciplined wholesalers.
The sale-to-list ratio of 0.987 signals a balanced market — neither bid wars nor fire sales dominate. 63.9% of closings land below list, leaving room to negotiate on the right deal but no broad discount across the board.
Rents are the weak side of this market. ZORI is $1,632/mo against a $580k median — a 3.38% gross yield isn’t enough to make most BRRRRs cash-flow at today’s debt costs. Plan to exit, not hold.
Median days-on-market is running around 13 days against 566 active listings — that’s a fast-moving market. Speed is the moat; pre-arranged proof of funds and a tight buyers list are the difference between getting under contract and getting outbid.
MDR’s composite investor score for Salt Lake City is 47/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. Lower tier this quarter. Watch list, not deploy list — re-evaluate next read.
The same data, five operator lenses.
Lead lists, sourcing channels, and disposition strategies tuned to the local market.
ARV math, rehab scope, and exit timing for the local buyer profile.
Buy-rehab-rent-refi-repeat math tuned to local rents, prices, and DSCR.
Buy-and-hold rental analysis tuned to local rents, taxes, and tenant mix.
Subject-to, seller financing, wraps, and lease-options sized for the local market.
Salt Lake City for investors.
Is Salt Lake City a good market for real estate investors in 2026?
Metro Deal Report's composite investor score for Salt Lake City is 47/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. Salt Lake City is a lower-tier market right now. Watch list, not deploy list, until the numbers shift.
What is the median home price in Salt Lake City?
The typical home value in Salt Lake City as of the most recent Zillow read is $580,126. Median list price is $536,567 and median sale price is $599,207. Year-over-year change: +1.4%.
What can a landlord expect to rent a property for in Salt Lake City?
Zillow's Observed Rent Index for Salt Lake City is $1,632/mo. Against the typical home value of $580k, that produces a gross annual rent yield of 3.38% — below the national 4-5% baseline, which makes BRRRR difficult at today's debt costs.
Is Salt Lake City a buyer's or seller's market?
Salt Lake City's current sale-to-list ratio is 0.987 with 63.9% of homes closing below list. That's a balanced market — neither side dominates. Median days on market: 13 days. Active inventory: 566 listings.
Which investment strategy works best in Salt Lake City?
Salt Lake City's data favors a mixed approach — no single strategy dominates, so selective deal sourcing wins. See the per-strategy breakdowns at /wholesaling/salt-lake-city, /brrrr/salt-lake-city, and /flipping/salt-lake-city.
Loan options for Salt Lake City properties.
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