Is the Salt Lake City housing market favoring buyers or sellers in 2025?

The Salt Lake City housing market in 2025 is currently leaning towards a buyer's market due to increased inventory and longer listing times.

What is the average price range for a home in Salt Lake City?

While varying across reports, the average median home price in Salt Lake City is around $526,279.

How much has the average rent for a 1-bedroom apartment increased in Salt Lake City recently?

The average rent for a 1-bedroom apartment in Salt Lake City has seen a significant 20% increase since approximately 2022.

What percentage of housing units in Salt Lake City are occupied by renters?

Renters slightly outnumber homeowners in Salt Lake City, occupying 52% of the housing units.

Which Salt Lake City neighborhood is considered the most walkable?

Central City stands out as the most walkable neighborhood in Salt Lake City, boasting a walk score of 87.

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Last updated April 10, 2025

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