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Salt Lake City 84116

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Utah
$507K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
48
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$450K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Apr 2026 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
20172018201920202021202220242026
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
20172018201920202021202220242026
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
20172018201920202021202220242026
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
20172018201920202021202220242026
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
20172018201920202021202220242026
Preforeclosure filingsForeclosure notices filed each month. A rise can be an early sign that more owners are struggling. Auction stage counts the filings that reached a scheduled foreclosure auction.FilingsAuction stage
20162018201920212022202320252026

Housing Stock

HomesHow many homes we have records for in this area.7,231
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$450K
Median sizeThe middle home size here, measured in square feet.1,475 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1957
Single familyThe share of homes here that are single-family houses.87%
CondosThe share of homes here that are condos.3.7%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.61%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.0.9%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.71%
Company ownedThe share of homes owned by a company or trust instead of a person.18%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.40%
Typical ownership tenureHow long the typical owner here has held their home.10.0 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.118
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.102
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.354

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.20%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.37,376
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.437 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$68K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$84K
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.16 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.66%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all ZIP codes nationally.

How Salt Lake City 84116 compares

By median home value, Salt Lake City 84116 is the 31st most expensive of 36 ZIP codes in Salt Lake County, and its typical home is worth more than 22% of all homes in Salt Lake County.

Home values in Salt Lake City 84116

Share of homes at each estimated value.

Median
$230K$691K
ZIP codes in Salt Lake County ranked by median home value
#Salt Lake CountyMedian valueHomes
1Salt Lake City 84108$1.1M6,878
2Salt Lake City 84124$1M7,412
3Draper 84020$902K13,797
4Salt Lake City 84109$891K8,295
5South Jordan 84095$861K11,244
6Sandy 84092$852K9,908
7Salt Lake City 84103$840K7,560
8Sandy 84093$826K7,909
9Salt Lake City 84121$774K14,735
10Salt Lake City 84117$771K8,334
11Salt Lake City 84105$751K7,838
12Riverton 84065$704K15,245
13South Jordan 84009$673K15,202
14Herriman 84096$630K21,300
15Salt Lake City 84106$622K11,779
16Sandy 84094$593K8,528
17West Jordan 84088$585K9,440
18West Jordan 84081$577K14,289
19Salt Lake City 84102$565K4,878
20Sandy 84070$556K7,551
21Salt Lake City 84123$542K9,375
22Salt Lake City 84107$528K9,330
23Salt Lake City 84101$510K1,665
24West Jordan 84084$504K8,685
31Salt Lake City 84116$450K7,231

36 ZIP codes in Salt Lake County are ranked; the most valuable are listed here.

About the Salt Lake City 84116 market

What is the median home price in Salt Lake City 84116, UT?

The median sale price in Salt Lake City 84116, UT is $507,059 (data through April 2026), based on deeds recorded with the county.

How many homes sell in Salt Lake City 84116, UT each year?

48 homes sold in Salt Lake City 84116, UT over the last 12 months (data through April 2026). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Salt Lake City 84116, UT?

Salt Lake City 84116, UT contains 7,231 residential properties, with a median of 1,475 square feet, 3 bedrooms, built around 1957. The median TopHap Estimate is $450K.

How does Salt Lake City 84116, UT compare to the rest of Salt Lake County?

By median home value, Salt Lake City 84116, UT is the 31st most expensive of 36 ZIP codes in Salt Lake County. Its typical home is worth more than 22% of all homes in Salt Lake County. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Salt Lake City 84116, UT?

71% of homes in Salt Lake City 84116, UT are owner-occupied. 18% are held by a company rather than an individual.

How much equity do owners in Salt Lake City 84116, UT hold?

61% of mortgaged homes in Salt Lake City 84116, UT are equity-rich, meaning the loan balance is under half the home's value. 0.9% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Salt Lake City 84116 on the map

See every recorded sale, price heat map, school zone and flood overlay across Salt Lake City 84116in TopHap’s interactive 3D map.

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