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Salt Lake City is the most populous municipality city in Utah. It was ranked 24th on U.S News & World Report’s 2019 list of best places to live in America. Through our research findings, we have concluded that home values have been on the rise for the past several years. This ongoing trend is expected to continue through the end of 2020. 

Zillow.com has posted median home value in Salt Lake City at $407,370. The leading American online real estate database reported that home values have increased by 5.9% over the past year, and it is expected to continue to climb another 2.1% by the end of the year. 

Through Zillow search results, we have found that there are currently 78 foreclosure listings in Salt Lake City. Also, the homes from the cities on this list typically stay on Zillow for anywhere from 50 to 60 days. While there are not a ton of foreclosures listed for sale in Salt Lake City, it is in large part due to the fact they don’t stay on the market for very long. 

Salt Lake (Northeast and Northwest)

Two major cities in the northern region of Salt Lake County include Midvale and Magna. There has been a spike in home values in both of these cities (Midvale 5.6% increase and Magna 6.6 increase). There are currently three foreclosure listings on USAHUD.com in Salt Lake Northeast and Northwest regions combined.

Salt Lake (Southeast and Southwest)

A few examples of cities in the southeast and southwest region of the Salt Lake region include Draper, Sandy, Riverton, South Jordan, West Jordan, and Herriman. The home values in these cities have increased from anywhere from approximately 4% to 6% in just the last year alone. There are currently 2 foreclosure listings on USAHUD.com in Salt Lake Southeast and Northwest regions combined.


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