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Home appreciation in Salt Lake City, UT

Over the five years ending 2025, home prices in Salt Lake City, UT grew an average of 9.0% a year.

Price growth at a glance

1-year

+3.2%

2025 over 2024. Utah: +3.2%.

5-year, per year

+9.0%

Average annual growth, 2020 to 2025. Utah: +9.3%.

10-year, per year

+8.6%

+127.6% in total since 2015. Utah: +8.6%.

How does your home compare?

Salt Lake City, UT home prices rose 127.6% over the ten years to 2025, while its ZIP codes ranged from +100.3% to +164.3%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Salt Lake City, UT compares with Utah

Utah averaged +9.3% a year, putting Salt Lake City, UT behind the state overall. For five-year price growth, Salt Lake City, UT ranks 218th out of 409 metros nationwide and 5th out of 5 in Utah.

Index, 2005 = 100

Salt Lake City-Murray, UT and Utah, quarterly house price index rebased to 100 in 2005.
YearSalt Lake City-Murray, UTUtah
2005 Q1100100
2005 Q2103103
2005 Q3107107
2005 Q4111110
2006 Q1115114
2006 Q2122119
2006 Q3129124
2006 Q4133129
2007 Q1138133
2007 Q2141136
2007 Q3143138
2007 Q4144139
2008 Q1143139
2008 Q2141137
2008 Q3137132
2008 Q4136132
2009 Q1135131
2009 Q2129126
2009 Q3123121
2009 Q4122119
2010 Q1121117
2010 Q2119116
2010 Q3120117
2010 Q4119116
2011 Q1114111
2011 Q2112109
2011 Q3114111
2011 Q4114111
2012 Q1114111
2012 Q2114110
2012 Q3117113
2012 Q4119115
2013 Q1120116
2013 Q2124119
2013 Q3127121
2013 Q4129123
2014 Q1130124
2014 Q2133126
2014 Q3134128
2014 Q4136129
2015 Q1137130
2015 Q2139132
2015 Q3142135
2015 Q4144137
2016 Q1146139
2016 Q2149142
2016 Q3153145
2016 Q4155147
2017 Q1158150
2017 Q2164155
2017 Q3167158
2017 Q4169160
2018 Q1173164
2018 Q2179169
2018 Q3183173
2018 Q4185175
2019 Q1188178
2019 Q2192182
2019 Q3195184
2019 Q4198187
2020 Q1200190
2020 Q2204193
2020 Q3209198
2020 Q4216205
2021 Q1224213
2021 Q2245234
2021 Q3263252
2021 Q4272261
2022 Q1285273
2022 Q2308294
2022 Q3303292
2022 Q4293283
2023 Q1292281
2023 Q2299286
2023 Q3299289
2023 Q4296287
2024 Q1302290
2024 Q2309297
2024 Q3312299
2024 Q4313300
2025 Q1315302
2025 Q2319306
2025 Q3321307
2025 Q4322309
2026 Q1324311
2026 Q2327314

Chart through 2026 Q2. Annual growth figures through 2025.

Five-year and ten-year growth rates were similar, at +8.6% a year over ten years and +127.6% in total, suggesting a similar pattern over both periods.

Over this history, home prices peaked in 2007, fell 19.6% to its 2011 low, and regained the 2007 level in 2016.

The strongest year was 2021 at +21.1%, and the weakest was 2009 at -8.5%.

In 2025 alone the index moved +3.2%, against +3.2% for the state.

ZIP codes in Salt Lake City, UT

Over the ten years to 2025, the 34 ZIP codes FHFA measures in this metro ranged from +100.3% in 84020 to +164.3% in 84104, while the metro as a whole rose 127.6%.

Fastest-rising ZIP codes

10-year change

  1. 84104+164.3%
  2. 84044+142.3%
  3. 84116+141.9%
  4. 84120+141.5%
  5. 84115+140.7%

Slowest-rising ZIP codes

10-year change

  1. 84020+100.3%
  2. 84108+100.6%
  3. 84096+101.1%
  4. 84103+102.1%
  5. 84095+106.8%
ZIP codes in Salt Lake City-Murray, UT ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
84104+0.8%+8.2%+10.2%+164.3%
84044+1.7%+8.6%+9.3%+142.3%
84116+1.0%+7.6%+9.2%+141.9%
84120+2.9%+8.9%+9.2%+141.5%
84115+3.7%+8.1%+9.2%+140.7%
84118+2.2%+9.0%+9.2%+140.4%
84128+2.1%+8.4%+8.7%+131.2%
84119-2.0%+8.0%+8.7%+131.1%
84107+3.4%+9.3%+8.7%+130.3%
84094+3.0%+9.3%+8.7%+129.4%
84121+2.6%+9.5%+8.5%+126.9%
84047+1.7%+8.7%+8.5%+126.3%
84117+6.4%+10.0%+8.5%+125.9%
84111+1.8%+7.4%+8.5%+125.7%
84084+1.3%+8.7%+8.5%+125.5%
84070+4.0%+8.6%+8.4%+125.0%
84029+3.3%+9.1%+8.4%+124.8%
84093+5.2%+9.7%+8.4%+124.8%
84102+7.7%+8.2%+8.4%+123.7%
840740.0%+8.3%+8.4%+123.6%
84092+1.6%+9.3%+8.2%+120.9%
84123+1.0%+8.4%+8.2%+120.1%
84088+3.0%+8.7%+8.1%+118.5%
84124+4.4%+8.9%+8.1%+118.5%
84106+2.5%+7.8%+8.1%+117.3%
84109+3.0%+8.3%+7.9%+114.8%
84081+0.8%+8.3%+7.9%+114.1%
84065+3.2%+8.9%+7.9%+113.3%
84105+3.3%+7.8%+7.8%+111.1%
84095+0.2%+8.7%+7.5%+106.8%
84103+3.6%+7.3%+7.3%+102.1%
84096+1.2%+7.9%+7.2%+101.1%
84108+2.5%+7.7%+7.2%+100.6%
84020+3.9%+8.4%+7.2%+100.3%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Salt Lake City-Murray, UT and Utah, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006118.4+18.4%115.8
2007134.1+13.2%129.9
2008131.9-1.6%128.3
2009120.8-8.5%118.2
2010113.4-6.1%110.8
2011107.8-4.9%104.9
2012109.9+1.9%106.5
2013118.9+8.1%113.8
2014126.3+6.3%120.4
2015133.1+5.4%127.2
2016143.1+7.6%136.3
2017156.2+9.1%148.1
2018170.9+9.4%161.8
2019183.2+7.2%173.8
2020196.7+7.4%186.7
2021238.2+21.1%228.1
2022281.9+18.4%271.7
2023281.3-0.2%271.6
2024293.4+4.3%282.1
2025302.8+3.2%291.2

The 5 measured metros in Utah

Measured metros in Utah ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Logan, UT-ID+3.1%+10.3%+9.1%
2St. George, UT+1.6%+9.5%+8.4%
3Provo-Orem-Lehi, UT+3.7%+9.3%+8.5%
4Ogden, UT+3.1%+9.2%+8.9%
5Salt Lake City-Murray, UT+3.2%+9.0%+8.6%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the Utah row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

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Measured FHFA data · chart through 2026 Q2