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Downtown (Central)

SALT LAKE CITY, UT 84111

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 84111

Downtown (Central)

Market Analysis

Data as of February 2026. Source: Realtor.com.

The SALT LAKE CITY, UT real estate market (84111) currently shows 25 active listings, with 4 pending sales. Homes are averaging 82 days on the market before going under contract.

Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 82 days on market compared to 96 days last year.

The median listing price has risen 9.2% year-over-year, from $497,500 to $543,250.

Whether you are buying or selling in SALT LAKE CITY, UT, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 12,882  ·  Density: 3,655.9/mi²  ·  Median household income: $51,624

Typical home value: $374,942  ·  Homeownership: 24.0%

Market Overview

Active Listings
25
⇩ 44.4% vs 45 last year
Pending
4
16% pending ratio
Median Price
$543,250
⇧ 9.2% vs $497,500 last year
Average Price
$842,539
⇧ 30.2% vs $647,165 last year
Days on Market
82
⇩ 14.6% vs 96 days last year

Price Per Square Foot

Median $/sqft
$476
⇧ 6.5% vs $447/sqft last year
Median Home Size
1,164 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 25 this year vs 45 last year
  • Days on market: 82 now vs 96 last year

Median & Average Pricing

Year over Year
  • Median: $543,250 (+9.2% YoY)
  • Average: $842,539 (+30.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.6 miles — 800 listings ($482,549,614 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
84111Salt Lake City, UT 841110.0 mi27$21,102,309$559,000$781,567
84102Salt Lake City, UT 841021.1 mi59$37,011,821$459,500$627,319
84115Salt Lake City, UT 841152.9 mi53$25,124,756$484,000$474,052
84103Salt Lake City, UT 841033.8 mi81$83,872,341$875,000$1,035,461
84104Salt Lake City, UT 841045.2 mi38$15,414,966$389,999$405,657
84107Salt Lake City, UT 841076.8 mi113$58,264,382$494,900$515,614
84123Salt Lake City, UT 841237.0 mi72$35,394,048$472,500$491,584
84120West Valley City, UT 841207.4 mi79$40,085,311$474,900$507,409
84129Salt Lake City, UT 841298.2 mi84$44,036,244$500,000$524,241
84116Salt Lake City, UT 841168.7 mi47$19,816,516$435,400$421,628
84087Woods Cross, UT 840879.5 mi37$21,484,864$580,000$580,672
84109Salt Lake City, UT 8410910.1 mi37$47,401,403$879,900$1,281,119
84118Salt Lake City, UT 8411810.6 mi73$33,540,653$439,900$459,461

Frequently Asked Questions

How many homes are for sale in SALT LAKE CITY, UT 84111?

As of February 2026, there are 25 active listings in SALT LAKE CITY, UT (zip code 84111), compared to 45 the prior year.

What is the median home price in SALT LAKE CITY, UT 84111?

The median listing price in SALT LAKE CITY, UT 84111 is $543,250 as of February 2026, a 9.2% increase from $497,500 the prior year.

How long do homes stay on the market in SALT LAKE CITY, UT?

Homes in SALT LAKE CITY, UT 84111 spend an average of 82 days on the market before going under contract, compared to 96 days the prior year.

Is it a seller's or buyer's market in SALT LAKE CITY, UT 84111?

Based on current inventory and days-on-market data as of February 2026, SALT LAKE CITY, UT 84111 is currently a Seller's Market. Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 82 days on market compared to 96 days last year.

How much can I save on real estate commission in SALT LAKE CITY, UT?

With SELL123.com's maximum 3% commission, sellers in SALT LAKE CITY, UT 84111 save an estimated $10,865 compared to a typical 5% commission on the median listing price of $543,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.