84120 — Salt Lake County, Utah Market Snapshot
Housing market data for zip code 84120 in Salt Lake County, Utah. Updated monthly with median prices, days on market, and more.
Market Sales Data
88 sales in 2026 (year to date)
Median Sale Price
$460,000
Days to Sell
42
Homes Sold
88
Inventory
49
Sale-to-List
100.0%
New Listings
98
Price/SqFt
$240
Pending Sales
84
Conforming Loan Available
Most homebuyers in 84120 can comfortably use conventional financing. The median home price of $460,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
84120's market is balanced with homes taking an average of 42 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 84120 (100.0% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 84120 can comfortably use conventional financing. The median home price of $460,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 84120 are set at the county level.
2026 Loan Limits — Salt Lake County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $637,100 |
| 2 Units | $1,066,250 | $815,600 |
| 3 Units | $1,288,800 | $985,900 |
| 4 Units | $1,601,750 | $1,225,200 |
Affordability Snapshot — Zip 84120
To purchase the median home at $460,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,674.
Monthly Payment
$3,674
Income Required
$157,473
Principal & Interest
$2,834/mo
Down Payment (5%)
$23,000
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 84120.
Estimated Monthly Payment
$2,997
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