What is the median home price in Downtown Salt Lake City, Salt Lake City?

The median home price in Downtown Salt Lake City is $395,000, down 25% year-over-year. Homes sell in a median of 65 days. The sale-to-list ratio is 98.02%.

How much does it cost to sell a home in Downtown Salt Lake City?

On a $395,000 home in Downtown Salt Lake City, a traditional agent charges around 3% — about $11,850. With Ridley Essentials ($999) or Ridley Pro ($3,499), you save $8,351 while getting MLS listing and expert support.

How long does it take to sell a home in Downtown Salt Lake City?

The median home in Downtown Salt Lake City spends 65 days on market. 30.56% of listings go pending within two weeks. 29 homes sold recently in this neighborhood.

Is Downtown Salt Lake City a good neighborhood to sell in right now?

Downtown Salt Lake City had 29 homes sell recently at a median of $395,000. Sellers are getting 98.02% of their asking price. 13.79% of homes sold above list price. Ridley's flat fee means you keep more regardless of market conditions.

National/Utah/Salt Lake City

Downtown Salt Lake City · Salt Lake City, UT

Is Now a Good Time to Sell in Downtown Salt Lake City, Salt Lake City?

The median home in Downtown Salt Lake City sells for $395,000 with prices down 25% year-over-year. Ridley's flat fee saves you $8,351.

Downtown Salt Lake City Real Estate Market Conditions

44out of 100

Ridley Sell Score

How it's scored →

Cooling

44/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Downtown Salt Lake City market is cooling, and sellers need to be strategic. Buyers have more options and are negotiating harder. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Utah average is 4.8.

Price MomentumFavors buyers

Prices down 24.76190476% year-over-year — vs. +8.5% statewide.

Seller LeverageNeutral

Homes selling at 98.02% of asking — buyers are negotiating 2% below list. Utah average is 98.5%.

Bidding ActivityFavors buyers

13.79% of homes selling above list price — 26% below the Utah average of 18.6%.

Sale SpeedNeutral

65 median days on market — 13 days faster than the Utah average.

Market UrgencyNeutral

30.56% of listings go pending within 2 weeks — vs. 23.4% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Utah average is 28%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$395,000

-25%

Days on Market

Price per Sq Ft

$370

Sale-to-List Ratio

98.02%

Homes Sold

Sold Above List

13.79%

Pending in 2 Weeks

30.56%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Salt Lake City — delivered monthly.

Your savings

How much can you save selling in Downtown Salt Lake City?

$0Estimated savings

That's 6 months of groceries — save 2.1% of your home value

Your Downtown Salt Lake City home value

$395,000

$50,000$10M

Traditional Agent (3%)

$11,850

Ridley Pro (flat fee)

$3,499

Ready to sell in Downtown Salt Lake City?

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Cost comparison

Cost to sell in Downtown Salt Lake City

	Traditional Agent	Best valueRidley Pro	Ridley Essentials
Listing fee	$11,850	$3,499	$999
Buyer agent	$11,0602.8% avg	$7,900~2% avg	$7,900~2% avg
Closing costs (~1.5%)	$5,925	$5,925	$5,925
Total cost	$28,835	$17,324	$14,824
You save	—	$8,351	$10,851

Based on the Downtown Salt Lake City median home price of $395,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Downtown Salt Lake City

A flat fee of $3,499 instead of the typical $11,850 commission — with a dedicated agent at every step.

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Downtown Salt Lake City market data so you list at the right price.

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Downtown Salt Lake City buyers look — plus a custom Ridley listing page with AI chat.