Salt Lake City, UT metro area Housing Market Brief
metro · as of May 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.
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.
Salt Lake City, UT metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $551K | ▲ +0.2% |
| Median Days on Market | 35 days | ▲ +16.7% |
| Months of Supply | 3.0 | ▲ +3.5% |
| Homes for Sale | 3,669 | ▼ -2% |
| Homes Sold | 1,223 | ▼ -5.3% |
| Median Price / Sq Ft | $255 | ▼ -0.4% |
| Sale-to-List Ratio | 99.3% | 0% |
How has Salt Lake City, UT metro area’s Alpha Score moved?
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Frequently asked questions
Is Salt Lake City, UT metro area a buyer's or seller's market?
As of May 2026, Salt Lake City, UT metro area is classified as a Balanced Market, based on its Alpha Score of 46 out of 100. The classification reflects current price, inventory, 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 $551K, having held roughly steady over the past year.
How affordable is Salt Lake City, UT metro area?
Salt Lake City, UT metro area scores 50 out of 100 on affordability — moderately affordable 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 Affordability (50/100) and its weakest is Inventory Health (36/100). 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.