Salt Lake City 84104

Salt Lake City, UT · Salt Lake County, UT · 59,231 properties · updated 7/26/2026

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

42%

severe

Days on market

daily

Price cuts

28.1%

of active

Valuation

+31.7%

vs assessor

Look up an address

/100

Weak

stable · balanced · prices rising year-over-year.

Price trend

Affordability

Valuation

Economic health

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

Balanced Market

Needs 28.6% 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: 41.0% 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.

Address lookup$99 report path

Look Up an Address in 84104

Just type the street — we'll auto-scope the search to ZIP 84104.

Actions

Export, share, or compare this ZIP

Compare

Share & embed

free · county-record data · links back here

X LinkedIn Facebook Email Share card

Embed this market card on your site

<iframe src="https://lotvox.com/embed/zip/84104" width="100%" height="300" style="border:0;border-radius:12px;overflow:hidden;max-width:640px" loading="lazy" title="Salt Lake City 84104 — Lotvox market card"></iframe>
<p style="font:12px system-ui;margin:4px 0 0"><a href="https://lotvox.com/salt-lake-city/zip/84104?utm_source=embed&utm_medium=backlink">Salt Lake City 84104 housing market data</a> by <a href="https://lotvox.com/">Lotvox</a></p>

Market snapshoteach number, once

Median price

$414,957

▴ 0.2% YoY

Days on market

daily · zip_data

Median rent

$1,524

ZORI

Investor score

45/100

cash-flow lens

Active listings

90-day

Valuation3 lenses, different anchors

vs assessor

+31.7%

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

+85.0%

County-wide market — the widest, slowest signal.

Salt Lake+85.0%

Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.

Pricing detail

Price / sqft$307

Price-to-income6.8×

Unlock Vacancy Data

Available with Lotvox Pro — $29/mo.

Start free trial

How 84104 ranks in UT

percentile vs all Utah ZIPs · n=240

Market velocity73%

Supply tightness80%

Affordability25%

Investment yield88%

Appreciation14%

Affordability, supply & momentum

41SUPPLY

BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply12.6 mo

Days on Market34d

Inv vs History-0.2%

Listing Density5.7/1k

Affordability — payment burden

Monthly payment (P&I)$2,144

Payment burden42%

Median income · ZIP$61,326

Mortgage rate6.71% · 30yr

Total monthly own$2,559

Monthly rent$1,524

Market dynamics

Price cut %28.1%

Momentumstable

LeverageBALANCED

Months of supply12.6

Sales (90d)0

Investment analysis

Median rent$1,524

Price-to-rent21.4

Est. cap rate3.0%

Buy vs rentfavors renting

Livability

Walk score10

Transit score7

Bike score—

Historical trends

Unlock Historical Trends

Available with Lotvox Pro — $29/mo.

Start free trial

Price bandsmix-shift

Price Bands — the median behind the median

A single median rises whenever expensive homes become a bigger share of what sells, even if no tier got more expensive. These are the tiers underneath it, computed from recorded arms-length deed transactions in Salt Lake.

Current tiers · 12 months to Invalid Datefloor 10 sales/tier

7 tiers had too few sales at every level and are left blank rather than estimated.

Tier	Median	$/sqft	Sales	Share	Source
Under $250k	—	—	—	—	fewer than 10 sales at zip, county and metro level
$250k–$500k	—	—	—	—	fewer than 10 sales at zip, county and metro level
$500k–$750k	—	—	—	—	fewer than 10 sales at zip, county and metro level
$750k–$1M	—	—	—	—	fewer than 10 sales at zip, county and metro level
$1M–$1.5M	—	—	—	—	fewer than 10 sales at zip, county and metro level
$1.5M–$2M	—	—	—	—	fewer than 10 sales at zip, county and metro level
$2M+	—	—	—	—	fewer than 10 sales at zip, county and metro level

No mix-shift history for this area. no geography from this ZIP up to metro has 8+ quarters of 10+ recorded arms-length sales across at least 4 price tiers. Trends are drawn only from recorded transactions; the last-sale snapshot above cannot carry a time series, because a property that sold twice keeps only its latest sale — which drags the history upward through the tiers and would invent the very mix shift this section exists to test for.

National context — not local

NAR's aggregate existing-home median for the United States and the West census region. This is the figure the tiers above are a check on. It is national/regional and says nothing about 84104.

United States
West

Copyright, National Association of Realtors. Reprinted with permission. Retrieved from FRED, Federal Reserve Bank of St. Louis. FRED publishes a rolling 13-month window for these series.

Tiers computed from Lotvox parcel and deed substrate through Aug 25 (10 later months withheld as partially loaded). Sample floor 10 sales per tier; below it a figure is drawn from the county or metro and labelled, or left blank. Multi-parcel bulk deeds and duplicate records are excluded.

Unlock Price Bands

Available with Lotvox Pro — $29/mo.

Start free trial

Salt Lake County contextmacro · jobs · debt · migration

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

ZIP 84104→Salt Lake County, UT

12-Month Direction

-2Stable

Confidence

100%

DeterioratingStableImproving

BuildersLens Market Intelligence

Market Score

37· Weak

Market Score grades housing-market conditions (affordability, valuation, supply). The county Healthy/Moderate/Distressed badge measures economic distress (jobs, debt, poverty) — the two can read differently.

Payment Burden38

37.5%

severe

Source: Lotvox · Updated 2026-05-15

Buy vs Rent0

2.522x

rent advantage

Source: Lotvox · Updated 2026-05-15

Valuation0

+85%

overvalued

Source: Lotvox comps · Updated 2026-05-15