Salt Lake City, UT — Momentum Score, Home Values & Best-For

All states·Utah·Salt Lake City

Salt Lake County · Salt Lake City · population 217,783

Growing fast
Salt Lake City, UT
Image: Wikipedia · Salt Lake City
View watchlist →
65
Rising
Momentum score · 0–100

Where Salt Lake City stands

Population growing 2.2% per year.

Median home $580,126
1-year +1.4%
5-yr CAGR +3.6%
vs 5-yr peak -2.9%
Population +2.2%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2022-06$580k$265k$384k$503k$621k201620182020202220242026

Lifestyle scores

🚶
Walkability
40/100
Car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
55/100
Some transit
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
87/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,632/mo$1,255$1,496$1,737202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent120122100120202220242026

Rent vs buy

Price-to-rent ratio: 29.6
Rent

At a 29.6 price-to-rent ratio, renting beats buying in Salt Lake City for most shorter holds. The premium you pay to own would take many years of rent savings to recoup, and that's before maintenance, taxes, and opportunity cost on the down payment.

How the momentum score breaks down

methodology →
Home YoY
57 · w22%
Home 5-yr CAGR
57 · w22%
Distance from peak
73 · w18%
Population growth
82 · w16%
Rent YoY
54 · w12%
Home 10-yr CAGR
77 · w10%
Long thesis

Salt Lake City has held up across the cycle: home values at $580,126 with +3.6% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Salt Lake City's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Salt Lake City

Salt Lake City is a city in Salt Lake County, Utah, with an estimated population of 217,783. The population has grown 2.2% per year on average between 2020 and 2024 — among the faster-growing communities in the state. The median home value in Salt Lake City is $580,126 as of 2026-04, up 1.4% over the last 12 months. Over the last five years, home values have averaged +3.6% annual growth (-2.9% from the 5-year peak). Rents in Salt Lake City average $1,632 per month, roughly flat year-over-year (+1.3%). The composite momentum score is 65 of 100 (Rising). The market is healthy with prices supported by underlying demand.

Bull case

People are voting with their feet: population growing 2.2% per year since 2020 — that’s faster than ~80% of US cities.
Held the highs: currently -2.9% from the 5-year peak — this market refused to give back gains.

Bear case

Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Salt Lake City (Wikipedia)

Salt Lake City, often shortened to Salt Lake or SLC, is the capital and most populous city of the U.S. state of Utah. It is the county seat of Salt Lake County, the most populous county in the state. The population was 199,723 at the 2020 census, while the Salt Lake City metropolitan area has an estimated 1.3 million residents and is the 46th-largest metropolitan area in the United States. It is also part of the larger Salt Lake City–Ogden–Provo combined statistical area, an urban corridor along a 120-mile (190 km) segment of the Wasatch Front with a population of approximately 2.8 million. It is one of the principal urban centers within the Great Basin, along with Reno, Nevada.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

City facts

MayorErin Mendenhall (D)
Area110.81 sq mi
Elevation4265 ft
Platted1851
Nickname"The Crossroads of the West"
Density1797.52/sq mi
Named forGreat Salt Lake

Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.

Things to see in Salt Lake City(Main sights)

  • Salt Lake Temple
  • Temple Square
  • Salt Lake Tabernacle
  • Mormon Tabernacle Choir
  • LDS Conference Center
  • Family History Library
  • Eagle Gate
  • American Institute of Architects
  • Thomas Kearns
  • Governor's Mansion
  • City and County Building
  • Cathedral of the Madeleine

+18 more on Wikipedia.

Extracted from the Wikipedia article. Names linked in the source — open the city’s Wikipedia page for details.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Salt Lake County right now.

Public-safety links are official .gov sources, not curated by us. Salt Lake County routes NWS alerts; check the state EM portal for non-weather emergencies.

Neighborhoods of Salt Lake City

20 tracked · ranked by median home value
1Arcadia Heights$1,363,020+1.8%
2East Bench$1,181,208+5.5%
3Yalecrest$1,123,965+6.7%
4Bonneville Hills$956,946+2.2%
5Wasatch Hollow$852,734+4.3%
6Greater Avenues$796,805-0.2%
7Sugar House$680,330+2.6%
8East Central$656,765+3.0%
9Capitol Hill$548,133-2.2%
10Liberty Wells$547,004+4.2%
11Downtown$536,696-0.6%
12Central City-Liberty Wells$520,572-0.4%
13Westpointe$489,371-1.5%
14People's Freeway$468,350+2.3%
15Rose Park$457,184-2.4%
16Jordan Meadows$437,302+2.1%
17Central City$422,973-2.8%
18Glendale$422,921+0.6%
19Fairpark$418,267-1.4%
20Poplar Grove$402,624-2.3%

Cities like Salt Lake City

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
36° / 20°
avg high / low
Summer (Jul)
92° / 64°
avg high / low
Sunny days/yr
226
~62% of year
Annual precip
12″ rain
53″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
Very low
Wildfire
High
Earthquake
Moderate
Flood
Low

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Salt Lake City area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Salt Lake City listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local economy & environment

Humidity
51%
Dry climate
Median household income
$89,100
Utah state median
Top industries (state-level)
Tech (SL Valley)HealthcareTourism

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

Cities similar to Salt Lake City

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