ZIP 84117

84117 is one of 42 ZIP codes that lie mostly in Salt Lake County, UT.

Shaded by typical home value, it ranks 11 of the 34 nearby ZIPs shown.

6 school locations in 84117: 5 middle, 1 high.

In alphabetical order: Bonneville Jr High, Cottonwood School, Olympus Jr High, Spring Lane School, and more on the ZIP page. Locations only — no ratings are shown here.

In January 2000 the typical home in 84117 was worth $219,026.

Values peaked at $699,004 in August 2026. The latest reading is the peak.

As of August 2026: $699,004, +4.0% over twelve months.

Start with the typical home: $699,004. Put 20% down and borrow $559,203 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $3,872 a month in principal and interest.

The median household here earns $87,451 a year, $7,288 a month. So the payment takes 53.1% of income — rated “severe” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 16.6% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $1,311.

In December 2020, with rates at 2.68%, it was $1,656.

By August 2026, at 6.67%, it was $3,596 — +117% since December 2020, while the home's value moved +37%.

Reported values rose +219% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $432,270. So the real change is +62%, not +219%.

84117: +219% since January 2000.

Salt Lake County: +219% since January 2000.

Utah: +215% since January 2000 — 84117 ran ahead of it by 4 points.

Against 240 Utah ZIP codes, 84117 sits at the 11th percentile for affordability (price vs local income).

71st for appreciation (recent value growth); 23rd for rental yield (rent vs price).

Owning the typical home costs about $4,571 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,585 a month.

Price divided by a year's rent: 36.8. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 39 a month (Redfin, 3-month rolling data through August 2026). That is 85% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 124.

Going out — closed sales: about 24 a month. That is 60% of the 2015–2019 level for the same months. The drain is drawn 46% narrower: the share of homes for sale that sell each month is 54% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 5.1 months of supply — inside the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 14 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 24 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 38 — so sales ran at 63% of it, and below it in 19 of the last 24 months.

Across Salt Lake County, builders pulled permits for 7,179 new homes in 2025.

Of those, 36% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Salt Lake County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 11,948 moved in. Among the ten receiving the most, 14,547 moved out.

Net across those counties: −2,599 households. Beside it, homes for sale in this ZIP: 124 in June 2026.

Most arrivals came from Utah, UT (4,666 households); most departures went to Utah, UT (5,735).

County assessor records list 11,182 properties with a market value here. Their average assessed market value is $740,900; the typical home value is $699,004.

The assessor average sits +6.0% from the market figure — an average against a typical value, so treat it as a check, not a verdict.