84117, Salt Lake City, UT Housing Market

ZIP code 84117's median home value is $705K, up 7.1% over the past year. Homes here sell in a median 43 days. Its PropertyIQ Score of 37 sits below the state average of 50, marking a market positioned to lag its state over the next three years.

The 84117, Salt Lake City, UT housing market operates at a level of granularity that broader geographic analyses miss entirely. PropertyIQ's ZIP-level scoring for 84117 captures neighborhood-specific demand patterns within UT, revealing micro-market trends that metro and county data average away. This hyperlocal intelligence is critical for making precise investment and homebuying decisions.

Mountain West ZIP codes experienced explosive growth through 2022, with dramatic variation in post-boom performance. PropertyIQ's ZIP-level scores separate neighborhoods with sustained demand from those experiencing corrections, providing the hyperlocal precision investors need in volatile markets. Within the Mountain West, ZIP code 84117's PropertyIQ Score of 37 runs below the Mountain West norm.

The PropertyIQ Score for 84117, Salt Lake City, UT is built from four inputs measured at the ZIP-code level: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a score above 50 points to a micro-market positioned to outperform its state.

Use PropertyIQ's analytics tools to evaluate 84117, Salt Lake City, UT alongside other ZIP codes and investment opportunities. The interactive map, ZIP-level rankings, and AI-generated reports provide the hyperlocal market intelligence that separates informed decisions from guesswork.