Is now a good time to buy land in Salt Lake City, Utah?
Salt Lake City, Utah is currently a strong buyer's market with 168.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
168.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 1 |
Salt Lake City, Utah is currently a strong buyer's market with 168.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Salt Lake City, Utah currently has 168.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Salt Lake City, Utah is 0.6% (3-month basis), indicating slow demand.
There are currently 56 active listings in Salt Lake City, Utah. 18 new listings have hit the market in the last 90 days. The median asking price is $550K.
Over the past 12 months, Salt Lake City, Utah saw 1 properties sold. In just the last 3 months, 1 properties changed hands.
The 3-month absorption rate in Salt Lake City, Utah is 0.6%. The 12-month rate is 0.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.