Salt Lake City 84104

Salt Lake City, UT · Salt Lake County, UT · 59,231 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

32affordability /100

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

Payment burden
41.1%
severe
Days on market
34
daily
Price cuts
24.1%
of active
Valuation
+31.2%
vs assessor
Look up an address
40
/100
Mixed
stable · balanced · prices rising year-over-year.
Price trend
62
Affordability
25
Valuation
35
Economic health
32

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

57/ 100SellerBalancedBuyer
Balanced Market
Needs 27% correction for affordability
DOM: 26d (falling) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)90
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)75
Cancellation Rate (10%)0
Days on Market (5%)20

Balanced market in 84104. List price is roughly fair — focus on condition and value. Payment burden: 41.2% of median income. A 15% price correction needed to reach 30% affordability threshold. Median days on market: 26. Renting is approximately 78% cheaper than buying (price-to-rent ratio: 21.4).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
STABLEBALANCED

Market is holding steady with balanced conditions. Conditions are balanced between buyers and sellers.

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Market snapshoteach number, once

Median price
$416,314
▴ 0.1% YoY
Days on market
34
daily · zip_data
Median rent
$1,624
ZORI
Investor score
45/100
cash-flow lens
Active listings
45
90-day

Valuation3 lenses, different anchors

vs assessor
+31.2%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$546,400
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%
Lotvox comps · mv_valuation_gap
Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$307
Price-to-income6.8×

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How 84104 ranks in UT
percentile vs all Utah ZIPs · n=240
Market velocity74%
Supply tightness80%
Affordability25%
Investment yield88%
Appreciation12%

Affordability, supply & momentum

42SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply12.6 mo
Days on Market34d
Inv vs History-1.0%
Listing Density5.7/1k
Affordability — payment burden
Monthly payment (P&I)$2,103
Payment burden41.1%
Median income · ZIP$61,326
Mortgage rate6.49% · 30yr
Total monthly own$2,519
Monthly rent$1,624
Market dynamics
Price cut %24.1%
Momentumstable
LeverageBALANCED
Months of supply12.6
Sales (90d)0
Investment analysis
Median rent$1,624
Price-to-rent21.4
Est. cap rate3.0%
Buy vs rentfavors renting

Livability

Walk score10
Transit score7
Bike score—

Historical trends

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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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