The story of this market
The typical home in ZIP 84116 sells for about $455,000, or $377 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 50 days to sell. HUD's fair market rent for a two-bedroom is $1,338 a month.
ZIP 84116 — Salt Lake City
The 84116 housing market is currently balanced, with supply and demand in equilibrium. Homes are selling at approximately the asking price, reflecting stable market conditions for buyers and sellers.
This ZIP is suitable for a mix of buyers and renters seeking a balanced market environment within the Salt Lake City area.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 50 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 102% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.3% · poverty 13.1% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 84116
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The rental market in 84116 shows a median asking rent of $1,650 per month with a year-over-year change of 3.84%.
Data sourced from Census Reporter and ACS 5-year estimates.
- Lagoon Amusement Park4.414 mi
- Liberty Park4.612 mi
- Gardner Village4.617.3 mi
- Classic Fun Center4.419.4 mi
- Cherry Hill4.314.9 mi
- Delta Center4.610 mi
- Salt Palace Convention Center4.510.2 mi
- Utah First Credit Union Amphitheatre4.312.2 mi
- Utah State Capitol4.710.3 mi
- Utah State Fairpark4.38.8 mi
- Temple Square4.710.4 mi
- Utah State Capitol4.710.3 mi
- Liberty Park4.612 mi
- Great Salt Lake State Park4.110 mi
- Cathedral of the Madeleine4.810.8 mi
- Temple Square4.710.4 mi
- Utah State Capitol4.710.3 mi
- Natural History Museum of Utah4.813.9 mi
- Clark Planetarium4.69.9 mi
- Conference Center4.910.2 mi
- Liberty Park4.612 mi
- Great Salt Lake State Park4.110 mi
- Capitol Hill, Salt Lake City, UT4.810.3 mi
- Pioneer Park3.910.2 mi
- Memory Grove4.810.5 mi
- Antelope Island Marina4.418 mi
- Eaglewood Golf Course4.79.7 mi
- Stonebridge Golf Club4.58.9 mi
- Glendale Golf Course4.110.2 mi
- Golf the Round4.312.5 mi
- Bountiful Ridge Golf Course4.411.6 mi
- City Creek Center4.510.4 mi
- Valley Fair Mall411.4 mi
- Smith's4.211.5 mi
- WinCo Foods4.312.1 mi
- Harmons Grocery - City Creek4.510.6 mi
- Salt Lake City International Airport4.25.7 mi
- Ogden - Hinckley Airport4.225.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price diverges 96.2% from the nearest retained anchor (researched-property base layer) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: confirmed genuine market swing — the flagged $455,000 was independently re-read and corroborated by 2 source(s); it stands as the new anchor baseline.