Zillow predicts Salt Lake will be the nation's 10th hottest housing market this year. No other Western state made the real estate company's Top 10 list. Another analysis ranks Utah the third least-affordable state for homebuyers.
In fact, even in recent years, despite higher interest rates, the Salt Lake City real estate market has remained relatively stable, with stagnant or slightly increasing median home prices. Looking ahead to 2025, appreciation is expected to continue, making it more likely that home values will rise.
Three towns made our list: West Valley City, Salt Lake City, and Sandy. We curated data from studies on the best places to buy an investment property, median sale prices, and proprietary TurboTenant data.