Selling Salt LakeSelling Salt Lake

The Utah market

What is happening in Utah real estate

Live numbers, plain answers and the stories worth a read, from the team at Selling Salt Lake. Thinking about buying or selling? We are happy to talk it through.

The market right now

Salt Lake County, October 2026 closings. Updated November 2, 2026.

  • Median price

    $550,000

    Down 3% from a year ago

  • Months of supply

    4.0

    Balanced

  • Days on market

    46

    Median, for homes that sold

  • 30-year mortgage rate

    7.15%

    Conventional, lender index

This week in Salt Lake County

New listings, homes that went under contract and homes sold over the past seven days.

  • 273

    new homes listed, 258 this week last year

  • 230

    went under contract

  • 166

    sold, 247 this week last year

Buyer's market or seller's market?

Months of supply is how long today's homes would last at the current pace of sales. Under 3 months favours sellers, over 6 favours buyers.

Months of supply by county

Hover or tap a county.

Seller's marketBalancedBuyer's market3 mo6 moStatewide 4.6Davis 3.8Utah 3.9Salt Lake 4Weber 4.2Tooele 4.3Summit 7.7Wasatch 7.8

Salt Lake County · 4 months, balanced · 4,111 active, 982 under contract, about 1,024 closings a month

What would your payment be?

Try a price, a down payment and a rate. It starts from what homes are selling for now.

Starts at the median price of what is selling now.

%

Starts at today's 7.15% average for a 30-year loan.

Loan length

Estimated monthly payment

$2,972

Principal and interest

Loan amount
$440,000
Interest over 30 years
$629,844

An estimate for planning, not a loan offer. Property tax, insurance and any HOA dues are extra.

Where mortgage rates have been

Pick the loan types you care about. Rates move every day; the shaded stripe is the past week.

Mortgage rates, last twelve months

Daily lender-sheet indices through Oct 30, 2026. The week's move is marked on each line's label.

Mortgage rates over the last twelve months: 30-yr conventional, 15-yr conventional, 30-yr jumbo, 30-yr FHA, 30-yr VA, 30-yr investment (est.)5.00%5.50%6.00%6.50%7.00%7.50%8.00%NovDecJanFebMarAprMayJunJulAugSepOctInvestment 30 7.77% (-0.08 wk)Jumbo 30 7.16% (-0.35 wk)Conv 30 7.15% (-0.08 wk)FHA 30 7.04% (+0.02 wk)VA 30 6.79% (-0.13 wk)Conv 15 6.47% (-0.25 wk)
Latest rate and its change on the week, month and year, in points and percent, by loan type
LoanNowWeekMonthYear
30-yr conventional7.15%-0.08(-1.1%)-0.24(-3.2%)+0.96(+15.5%)
15-yr conventional6.47%-0.25(-3.7%)-0.16(-2.3%)+1.07(+19.7%)
30-yr jumbo7.16%-0.35(-4.6%)-0.41(-5.4%)+0.73(+11.4%)
30-yr FHA7.04%+0.02(+0.3%)-0.04(-0.6%)+1.02(+17.0%)
30-yr VA6.79%-0.13(-1.8%)-0.22(-3.1%)+1.06(+18.5%)
30-yr investment (est.)*7.77%-0.08(-1.0%)-0.24(-3.0%)+0.96(+14.0%)

* 30-yr investment (est.): Conforming 30 plus 0.625 points; no published index exists for investment property loans.

Which areas are heating up?

Prices and sales compared with a year ago, city by city and county by county.

Salt Lake County by city

Cities to the right are selling more homes than last year; cities near the top are seeing prices rise.

Where each city is heading

Year to date vs last year. Bigger dot, more sales. Hover or tap a city for its numbers.

Steady-31%-16%0%+16%+31%-8%-4%0%+4%+8%Sales vs last year →Median price vs last year →Heating upPrices up, fewer salesMore sales, softer pricesCoolingCounty avgSalt Lake CityWest JordanSouth JordanHerrimanWest Valley CitySandyTaylorsvilleDraperMurrayMillcreek
  • Heating up (4)

    , , ,

  • Prices up, fewer sales (5)

    , , , ,

  • More sales, softer prices (3)

    , ,

  • Cooling (4)

    , , ,

  • Steady (2)

    ,

Across the Wasatch Front

This year so far against last year, with all of Utah for comparison.

  • Salt Lake

    Steady

    Median, year to date

    $559,900+1%

    Sales
    10,420
    -2%
    Days
    36
    +3%
    Supply
    4.0 mo

    Sales down 2% and the median up 1% on last year, with 4.0 months of supply. Sales and prices are close to last year.

  • Utah

    Prices up, fewer sales

    Median, year to date

    $525,000+4%

    Sales
    8,099
    -5%
    Days
    43
    +13%
    Supply
    3.9 mo

    Sales down 5% and the median up 4% on last year, with 3.9 months of supply. Prices are holding up but fewer buyers are getting there: affordability is the limit.

  • Davis

    Steady

    Median, year to date

    $530,000-1%

    Sales
    2,959
    -2%
    Days
    37
    +6%
    Supply
    3.8 mo

    Sales down 2% and the median down 1% on last year, with 3.8 months of supply. Sales and prices are close to last year.

  • Weber

    Steady

    Median, year to date

    $449,000+1%

    Sales
    3,000
    -1%
    Days
    46
    +12%
    Supply
    4.2 mo

    Sales down 1% and the median up 1% on last year, with 4.2 months of supply. Sales and prices are close to last year.

  • Tooele

    Steady

    Median, year to date

    $464,950-1%

    Sales
    1,076
    -3%
    Days
    52
    +11%
    Supply
    4.3 mo

    Sales down 3% and the median down 1% on last year, with 4.3 months of supply. Sales and prices are close to last year.

  • Summit

    Cooling

    Median, year to date

    $1,600,0000%

    Sales
    903
    -9%
    Days
    52
    +6%
    Supply
    7.7 mo

    Sales down 9% and the median flat on last year, with 7.7 months of supply. Fewer sales at lower prices: buyers have the leverage.

  • Wasatch

    Prices up, fewer sales

    Median, year to date

    $1,028,735+2%

    Sales
    755
    -10%
    Days
    57
    +21%
    Supply
    7.8 mo

    Sales down 10% and the median up 2% on last year, with 7.8 months of supply. Prices are holding up but fewer buyers are getting there: affordability is the limit.

  • All of Utah

    Steady

    Median, year to date

    $524,900+2%

    Sales
    33,327
    -2%
    Days
    43
    +10%
    Supply
    4.6 mo

    Sales down 2% and the median up 2% on last year, with 4.6 months of supply. Sales and prices are close to last year.

When is the best time to buy or sell?

How busy each month is this year against 2022 to 2025. Listings and sales rise and fall with the seasons.

Listings entered and sold, by month

2026 on top of the 2022 to 2025 range. Above the band is busier than any recent year; below it, quieter. The month in progress is left off.

  • 2022 to 2025 range and average
  • 2026

Salt Lake County: listings entered

Oct: +28% vs the 2022 to 2025 average

Salt Lake County: listings entered: 2026 against the 2022 to 2025 range by month01,0002,000JFMAMJJASOND2026avg
Table
20222023202420252026
Jan1,0208819521,0501,265
Feb1,1538231,0339991,375
Mar1,5641,0931,2061,3311,675
Apr1,6721,0691,3551,5042,015
May1,6801,2601,5641,6621,878
Jun1,7141,3511,3361,3681,811
Jul1,3991,1101,2011,3011,714
Aug1,2391,2691,3401,2401,687
Sep1,1301,1581,1851,2371,545
Oct1,0381,0911,1651,3091,472
Nov7528118859009
Dec599676618709

Salt Lake County: sold

Oct: -22% vs the 2022 to 2025 average

Salt Lake County: sold: 2026 against the 2022 to 2025 range by month05001,000JFMAMJJASOND2026avg
Table
20222023202420252026
Jan954624740710692
Feb1,033800938837864
Mar1,3551,1311,0751,0071,113
Apr1,3769771,1181,0731,169
May1,4571,1851,2551,2471,231
Jun1,4811,1381,1461,1961,339
Jul1,1091,0841,1641,1581,211
Aug1,2771,1871,1581,1501,006
Sep1,1499371,0381,1171,007
Oct8899971,0891,088788
Nov8398339158410
Dec8088459631,029

Statewide: listings entered

Oct: +29% vs the 2022 to 2025 average

Statewide: listings entered: 2026 against the 2022 to 2025 range by month02,0004,0006,000JFMAMJJASOND2026avg
Table
20222023202420252026
Jan3,1312,7783,1683,7044,415
Feb3,6352,6833,2903,7114,669
Mar4,7703,3053,8364,5435,791
Apr5,0213,3404,3514,9566,359
May5,1533,9664,7445,1096,000
Jun5,1964,0194,2574,5565,911
Jul4,4663,4524,1014,4065,827
Aug3,9253,8534,1844,2075,393
Sep3,4433,5213,7784,1435,079
Oct3,1213,2393,8454,3084,678
Nov2,4252,5582,8843,13238
Dec1,9332,2132,2102,658

Statewide: sold

Oct: -17% vs the 2022 to 2025 average

Statewide: sold: 2026 against the 2022 to 2025 range by month02,0004,000JFMAMJJASOND2026avg
Table
20222023202420252026
Jan2,8612,0472,3352,2622,343
Feb3,0442,6372,8052,8262,879
Mar4,1033,4453,2423,2453,586
Apr4,0923,0453,4253,5063,762
May4,2713,5713,7733,9373,779
Jun4,2873,5523,4403,7394,048
Jul3,3623,1743,5103,7723,837
Aug3,8613,5523,5623,7483,298
Sep3,6732,9783,2543,5423,192
Oct2,7462,9363,3923,4932,603
Nov2,4412,4883,0622,8180
Dec2,6292,6493,1673,443

Residential MLS classes only: single family, condominium, townhouse, twin, small multi-family, mobile and recreational.

Mobile homes are counted in closed sales and listings entered but excluded from median price and list-to-sale ratio.

List-to-sale is the median of close price over original list price. Months of supply is active listings over the average monthly closings of the twelve months ending with the report month.

The feed keeps only each listing's current status, so 'went under contract' counts listings still under contract or backup whose status changed in the window; daily inventory history accumulates from the snapshot cron's first run.

Source: the Utah MLS (UtahRealEstate.com), residential homes. Mortgage rates: Optimal Blue indices through FRED. Information is deemed reliable but is not guaranteed; every market is local and your own home may differ.

In the news

Housing and real estate stories worth a read, with the publication each came from.

  • Salt Lake Tribune · November 1, 2026

    Judge weighing whether Echo Canyon developers can run their own temporary government

    Developers at Echo Canyon in southern Utah are operating as a temporary government over their own project. A judge is weighing whether to end that arrangement.

    Read the story
  • HousingWire · October 31, 2026

    A path to sub-7% mortgage rates is back on the table

    A path to mortgage rates below 7% is back on the table as rates have fallen. Housing demand has stabilized over the last two weeks.

    Read the story
  • Yahoo Finance · October 29, 2026

    Mortgage rates fall again this week as the Fed waits

    Mortgage rates are lower again this week while the Fed holds off.

    Read the story
  • KUTV · October 29, 2026

    Utah closer to a buyer's market, but home and loan prices remain high

    Utah is moving closer to a buyer's market, but home prices and loan prices remain high.

    Read the story
  • The Salt Lake Tribune · October 27, 2026

    Audit of impact fees uncovers surprising news about Utah home prices

    An audit of impact fees has turned up findings about Utah home prices.

    Read the story
  • KSL News · October 26, 2026

    Pending U.S. home sales hit a new low, with fewer Utah homes under contract

    Pending home sales nationally hit a new low, and fewer homes went under contract in Utah. Agents should expect slower contract activity in their local market.

    Read the story
  • KSL · October 23, 2026

    Utah Housing Corporation's president and CEO resigns as shakeup continues

    The president and CEO of Utah Housing Corporation has resigned as leadership changes at the agency continue.

    Read the story
  • National Association of REALTORS® · October 20, 2026

    Fewer buyers go under contract as mortgage rates remain high

    Fewer buyers went under contract as mortgage rates stayed high.

    Read the story

What do these numbers mean for you?

Every street is different. Selling Salt Lake can tell you what is happening in your neighbourhood and what it means for your plans.