Draper 84020

Salt Lake City, UT · Salt Lake County, UT · 14,340 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

37affordability /100

Buyer leverage is seller slight; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
38%
severe
Days on market
31
daily
Price cuts
32.4%
of active
Valuation
-10%
vs assessor
Look up an address
46
/100
Mixed
warming · seller slight · prices rising year-over-year.
Price trend
55
Affordability
25
Valuation
70
Economic health
37

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

66/ 100SellerBalancedBuyer
Negotiate Hard
Needs 21.1% correction for affordability
DOM: 84d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)75
Valuation Gap (25%)25
Supply & Demand (20%)85
Buy vs Rent (15%)100
Cancellation Rate (10%)50
Days on Market (5%)75

Moderate buyer leverage in 84020. Room to negotiate 5-10% below list. Payment burden: 38.0% of median income. A 8% price correction needed to reach 30% affordability threshold. Median days on market: 84. Renting is approximately 232% cheaper than buying (price-to-rent ratio: 39.8).

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.
WARMINGSELLER SLIGHT

Market is warming with rising prices. Sellers hold a slight edge.

Address lookup$99 report path

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Market snapshoteach number, once

Median price
$819,379
▴ 1.9% YoY
Days on market
31
daily · zip_data
Median rent
$1,717
ZORI
Investor score
32/100
cash-flow lens
Active listings
163
90-day

Valuation3 lenses, different anchors

vs assessor
-10.0%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$737,750
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+85.8%
County-wide market — the widest, slowest signal.
Salt Lake+85.8%
Utah+82.8%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$233
Price-to-income6.3×

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How 84020 ranks in UT
percentile vs all Utah ZIPs · n=240
Market velocity79%
Supply tightness57%
Affordability35%
Investment yield19%
Appreciation39%

Affordability, supply & momentum

42SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply9.4 mo
Days on Market31d
Inv vs History+20.6%
Listing Density10.3/1k
Affordability — payment burden
Monthly payment (P&I)$4,139
Payment burden38%
Median income · ZIP$130,680
Mortgage rate6.49% · 30yr
Total monthly own$4,958
Monthly rent$1,717
Market dynamics
Price cut %32.4%
Momentumwarming
LeverageSELLER SLIGHT
Months of supply9.4
Sales (90d)0
Investment analysis
Median rent$1,717
Price-to-rent39.8
Est. cap rate1.6%
Buy vs rentfavors renting

Livability

Walk score6
Transit score2
Bike score

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Salt Lake County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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