Markets/Utah/Salt Lake City

Salt Lake City, UT Real Estate Market 2026

Investor-grade market analytics for Salt Lake City, Utah. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$554,407

+1.8% year-over-year

Est. Rental Yield

3.4%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Salt Lake City Market Summary

Salt Lake City, UT is in a stabilization phase with 1.8% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability is moderately stretched with a price-to-income ratio of 5.83x, above the national average of 4.8x. Net negative migration (-1,959 returns/year) is reducing housing demand pressure. Climate risk is moderate (48/100) with manageable exposure. Rental yield of 3.42% is below average, suggesting this market is more suited for appreciation-driven strategies.

Affordability

Affordability Score60/100
Price-to-Income Ratio5.8x (national avg 4.8x)
Median Household Income$95,045

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Salt Lake City, UT's primary climate exposure is wildfire (60/100). The composite climate risk score of 48/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Salt Lake City dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.

Salt Lake City Real Estate Market Data 2026 | Lotlytics | Lotlytics