Is Salt Lake City a buyer's or seller's market?
The Salt Lake City housing market is balanced as of October 2026, with Salt Lake County, Utah scoring 45 of 100 on our market score, a balanced market (Realtor.com data). Homes for sale would last 4.5 months at the September 2026 sales pace, against 3.3 months a year earlier (Redfin).
These are county-level numbers for Salt Lake County, Utah, the county Salt Lake City is in. Market score: Realtor.com® Economic Research, October 2026. Months of supply: Source: Redfin, a national real estate brokerage. September 2026.
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The Salt Lake City housing market right now
What it means
About 26 of every 100 homes for sale in Salt Lake County, Utah were under contract in October 2026, and the typical listing had been on the market 62 days. That is close to the middle of US counties. Neither side has a clear edge; the home, the price and the street matter more than the market label.
Salt Lake County, Utah market score
0of 100
Balanced market▼ 11 vs a year ago
26 of every 100 homes for sale are under contract.
Ring marks a year ago
What we're watching
The score has been slipping
Salt Lake County, Utah's market score went from 55 to 45 over the three months to October 2026, against 56 a year earlier. Homes have been going under contract slower relative to what's for sale.
More homes for sale than a year ago
3,608 homes were listed in October 2026, 20% more than the same month last year (Realtor.com).
More sellers are cutting prices
32% of listings had a price cut in October 2026, against 30% a year earlier. The US figure was 21% (Realtor.com).
Supply is stretching out
Months of supply was 4.5 in September 2026, against 3.3 a year earlier (Redfin).
These describe the direction of recent months, not a forecast.
Two years of Salt Lake County data
Market score, 0 to 100
Better for buyers45
▼ 11 vs a year ago
Realtor.com, October 2026
Latest month: October 2026Homes for sale
Better for buyers3,608
▲ 20% vs a year ago
Realtor.com, October 2026
Latest month: October 2026Median days on market
Better for buyers62days
▲ 4 vs a year ago
Realtor.com, October 2026
Latest month: October 2026Listings with a price cut
Better for buyers32%
▲ 3 pts vs a year ago
Realtor.com, October 2026
Latest month: October 2026
County-level figures for Salt Lake County, Utah. Dashed lines on days on market and price cuts show the US. Realtor.com® Economic Research.
Salt Lake City housing market by home type
Months of supply is how long the homes for sale would last at the current sales pace. A common rule of thumb reads under about five months as leaning to sellers and over six or seven as leaning to buyers.
| Home type | Months of supply | A year earlier | Median sale price | Median days on market | Homes sold |
|---|---|---|---|---|---|
| All homes | 4.5 | 3.3 | $564K | 46 days | 929 |
| Single-family | 3.9 | 3.1 | $644K | 40 days | 659 |
| Condo | 6.6 | 4.5 | $357K | 63 days | 101 |
| Townhome | 5.3 | 3.4 | $459K | 60 days | 161 |
Salt Lake County, Utah, September 2026. "Few sales" marks fewer than 10 homes sold in the month, so that row can swing a lot. Source: Redfin, a national real estate brokerage.
Salt Lake City market questions
Is Salt Lake City a buyer's or seller's market?
The Salt Lake City housing market is balanced as of October 2026, with Salt Lake County, Utah scoring 45 of 100 on our market score, a balanced market (Realtor.com data). Homes for sale would last 4.5 months at the September 2026 sales pace, against 3.3 months a year earlier (Redfin).
Why are the Salt Lake City numbers for Salt Lake County, Utah?
Monthly listing and sales data is published reliably by county, so we use the county Salt Lake City is in. Neighborhoods inside the county can lean differently.
How is the market score worked out?
We divide homes under contract by homes for sale in each county, using Realtor.com data, then rank that against about 3,000 US counties on a 0 to 100 scale. 40 or under leans to buyers, 60 or over leans to sellers, and the range between is balanced.
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