Salt Lake City, UT metro area Housing Market Brief
metro · UT · score computed October 2026
What is Salt Lake City, UT metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 5 of 5 (population 278,335–19,798,537) · comparable within its band
Where is Salt Lake City, UT metro area in its market cycle?
Salt Lake City, UT metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Salt Lake City, UT metro area?
Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Salt Lake City, UT metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $554K | 0% | Redfin |
| Median Days on Market | 58 days | 0% | Realtor.com via FRED |
| Months of Supply | 4.1 | ▲ +32.3% | Redfin |
| Homes for Sale | 4,140 | ▲ +18.5% | Redfin |
| Homes Sold | 963 | ▼ -11.2% | Redfin |
| Median Price / Sq Ft | $246 | ▼ -1.8% | Redfin |
How has Salt Lake City, UT metro area’s Alpha Score moved?
Markets like Salt Lake City, UT metro area
- Missoula, MT metro area, MTmetro38
- Washington, DC metro area, DCmetro17
- Bremerton, WA metro area, WAmetro36
- Spokane, WA metro area, WAmetro36
- Ogden, UT metro area, UTmetro44
- Naples, FL metro area, FLmetro33
- Nashville, TN metro area, TNmetro47
- Hilton Head Island, SC metro area, SCmetro47
- Asheville, NC metro area, NCmetro42
- Yuba City, CA metro area, CAmetro37
Frequently asked questions
Is Salt Lake City, UT metro area a buyer's or seller's market?
In the scores computed October 2026, Salt Lake City, UT metro area is classified as a Balanced Market, based on its Alpha Score of 42 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Salt Lake City, UT metro area?
The median sale price in Salt Lake City, UT metro area is $554K, having held roughly steady over the past year, according to Redfin.
How affordable is Salt Lake City, UT metro area?
Salt Lake City, UT metro area scores 12 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Salt Lake City, UT metro area's Alpha Score?
Salt Lake City, UT metro area's strongest dimension is Economic Strength (80/100) and its weakest is Rental Yield (10/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Salt Lake City, UT metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.