The story of this market
The typical home in ZIP 84123 sells for about $539,000, or $258 per square foot.
Prices are down 1.2% from a year ago, which gives buyers more room to negotiate. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $1,500 a month.
ZIP 84123 — Taylorsville
The 84123 housing market is currently experiencing a period of price stabilization with a median sale price of $539,000. High price-to-rent ratios and a moderate inventory level suggest a cooling trend compared to previous years, driven by broader economic factors and interest rate sensitivity. Buyers are finding more leverage, as evidenced by the 28% share of listings with price cuts.
This ZIP is well-suited for families and commuters seeking a central location in the Salt Lake Valley with established infrastructure and access to major employment centers.
Median prices moved down 1.2% year over year.
Homes spend a median of 34 days on market with 4.1 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 7.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 84123, Salt Lake County, UT
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Taylorsville area are generally consistent with suburban Salt Lake County averages, though property crime remains a primary focus for local law enforcement.
Schools serving the 84123 ZIP are part of the Granite School District, which provides a diverse range of educational programming and maintains moderate performance ratings across its elementary and secondary campuses.
The area faces standard regional risks including seismic activity common to the Wasatch Front and occasional air quality inversions, with flood risk primarily localized to specific drainage corridors.
Economic momentum is driven by the area's central location in the Salt Lake Valley, with ongoing redevelopment of older commercial corridors and proximity to major employment hubs in Salt Lake City and Murray.
Property taxes are assessed by Salt Lake County based on market value, with rates determined by the aggregate of municipal, county, and school district levies; no specific local income-linked tax exemptions apply to residential parcels.
Residents benefit from direct access to I-215 and I-15, providing efficient transit to downtown Salt Lake City and the Silicon Slopes tech corridor.
The area features several community parks and is within short driving distance of the Jordan River Parkway trail system and various regional shopping centers.
The rental market shows high demand with a price-to-rent ratio of 30.8, indicating that while rental occupancy is stable, cash-flow potential for investors is constrained by current purchase prices.
The economy is anchored by a mix of retail, healthcare, and professional services, with significant employment spillover from the broader Salt Lake City metropolitan area.
The area is served by a robust network of arterial roads and UTA bus routes, with proximity to light rail stations in neighboring cities.
Development is focused on high-density residential infill and the modernization of aging commercial infrastructure along major corridors.
Salt Lake County Assessor maintains a market-value assessment system with annual adjustments based on neighborhood sales data.
Parcels are subject to Granite School District taxes and various municipal service districts for water, sewer, and fire protection.
Property insurance premiums are influenced by regional wildfire and seismic risk factors, with standard market availability for residential coverage.
Data retrieved from US Census Bureau ZCTA 84123 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Thanksgiving Point4.616.3 mi
- Liberty Park4.66.2 mi
- Gardner Village4.63.6 mi
- Classic Fun Center4.45.4 mi
- Boondocks Food and Fun - Draper4.311.6 mi
- Delta Center4.67.5 mi
- Salt Palace Convention Center4.57.5 mi
- Utah First Credit Union Amphitheatre4.36.2 mi
- Utah State Capitol4.78.2 mi
- Snowbird4.614.7 mi
- Loveland Living Planet Aquarium4.69 mi
- Temple Square4.77.7 mi
- Utah's Hogle Zoo4.58.2 mi
- Utah State Capitol4.78.2 mi
- Liberty Park4.66.2 mi
- Temple Square4.77.7 mi
- Utah State Capitol4.78.2 mi
- Thanksgiving Point4.616.3 mi
- Natural History Museum of Utah4.88.7 mi
- Clark Planetarium4.67.3 mi
- Utah's Hogle Zoo4.58.2 mi
- Liberty Park4.66.2 mi
- Sugar House Park4.75.6 mi
- Red Butte Garden and Arboretum4.88.7 mi
- Wheeler Historic Farm4.73.3 mi
- Topgolf Salt Lake City4.32.6 mi
- Mulligans Golf & Games4.27 mi
- Eaglewood Golf Course4.712.2 mi
- Mountain Dell Golf Course4.512.9 mi
- River Oaks Golf Course4.35.4 mi
- Fashion Place4.42.3 mi
- City Creek Center4.57.5 mi
- Chinatown Supermarket4.62.9 mi
- The Shops at South Town4.36.9 mi
- Valley Fair Mall43 mi
- Salt Lake City International Airport4.29.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Extensive regional trail system for walking and cycling.
Central community space for local events and recreation.
Major regional retail and dining destination located nearby.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.