The Salt Lake City Central Business District housing market is not very competitive. The median sale price of a home in Salt Lake City Central Business District was $525K last month, up 5.0% since last year. The median sale price per square foot in Salt Lake City Central Business District is $556, up 16.6% since last year.
Salt Lake City Central Business District Housing Market Trends
What is the housing market like in Salt Lake City Central Business District today?
In February 2025, Salt Lake City Central Business District home prices were up 5.0% compared to last year, selling for a median price of $525K. On average, homes in Salt Lake City Central Business District sell after 124 days on the market compared to 65 days last year. There were 13 homes sold in February this year, up from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$525,000
+5.0% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Salt Lake City Central Business District, UT
$525,000
+5.0%
United States
To compare other locations to the Salt Lake City Central Business District and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Salt Lake City add value to a home.
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How hot is the Salt Lake City Central Business District housing market?
Salt Lake City Central Business District is not very competitive. Homes sell in 105.5 days.
0
100
25
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 106 days.
Hot homes
can sell for about 1% below list price and go pending in around 58 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Salt Lake City Central Business District, UT
97.6%
+2.6 pt
United States
Schools in Salt Lake City Central Business District
Learn about schools in the Salt Lake City Central Business District area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Salt Lake City Central Business District housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Salt Lake City Central Business District.
Flood Factor - Major
37% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Salt Lake City Central Business District has a major risk of flooding. 220 properties in Salt Lake City Central Business District are likely to be
severely affected
by flooding over the next 30 years. This represents 37% of all properties in Salt Lake City Central Business District. Flood risk is increasing slower than the national average.
54% of properties are at risk of wildfire over the next 30 years
Fire Factor
Salt Lake City Central Business District has a moderate risk of wildfire. There are 582 properties in Salt Lake City Central Business District that have some risk of being affected by wildfire over the next 30 years. This represents 54% of all properties in Salt Lake City Central Business District.
Salt Lake City Central Business District has minimal risk of severe winds over the next 30 years
Wind Factor
Salt Lake City Central Business District has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Salt Lake City Central Business District has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Salt Lake City Central Business District have a Moderate Heat Factor®.
Salt Lake City Central Business District is expected to see a 171% increase in the number of days over 95ºF over the next 30 years. Salt Lake City Central Business District is expected to experience 8