84124 — Salt Lake County, Utah Market Snapshot
Housing market data for zip code 84124 in Salt Lake County, Utah. Updated monthly with median prices, days on market, and more.
Market Sales Data
50 sales in 2026 (year to date)
Median Sale Price
$872,500
Days to Sell
7
Homes Sold
50
Inventory
47
Sale-to-List
100.1%
New Listings
88
Price/SqFt
$358
Pending Sales
77
Jumbo Loan Likely Needed
The median home in 84124 at $872,500 exceeds the 2026 conforming loan limit of $832,750 by $39,750. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
84124 is an extremely competitive market with homes selling in just 7 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 84124 (100.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 84124 at $872,500 exceeds the 2026 conforming loan limit of $832,750 by $39,750. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 84124 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 84124
To purchase the median home at $872,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $6,835.
Monthly Payment
$6,835
Income Required
$292,921
Principal & Interest
$5,376/mo
Down Payment (5%)
$43,625
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 84124.
Estimated Monthly Payment
$5,550
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 84124. Tell us what you're looking for.