New Construction
New construction is most active in Utah County, in Lehi, American Fork, and Saratoga Springs, with homes from $450,000 to $700,000 serving tech workers along the Silicon Slopes corridor.
Salt Lake City, Utah · New Homes
New homes in Salt Lake City.
Utah's Silicon Slopes corridor between Salt Lake City and Provo created one of the most intense demand environments in the West, with a young, growing population and a booming tech sector, and geography constrained by mountains and desert pushing prices sharply higher.
New construction is most active in Utah County, in Lehi, American Fork, and Saratoga Springs, with homes from $450,000 to $700,000 serving tech workers along the Silicon Slopes corridor.
At a glance
Salt Lake City market snapshot
Median Home Price
$500,000
Median Rent
$1,700
Market Trend
Cooling
Cost of Living Index
110
Why Salt Lake City
What makes Salt Lake City different
Why People Move Here
Silicon Slopes tech corridor and outdoor recreation and young population driving demand and strong job growth and proximity to world-class ski resorts
Schools
Jordan School District and Alpine School District in Utah County serve rapidly growing Silicon Slopes corridor with strong academic performance, driving demand in Lehi, American Fork, and Draper.
Top Neighborhoods
Sandy, Draper, South Jordan, Herriman, Lehi, American Fork, Provo, and Orem
Major Employers
Microsoft Utah campus and Adobe Creative Cloud headquarters and Goldman Sachs Salt Lake City operations and Intermountain Health system and University of Utah research enterprise and eBay technology campus
Who's building
Top builders active in Salt Lake City
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Common questions
Salt Lake City FAQ
Is Salt Lake City a good place to buy a home?
Salt Lake City offers Silicon Slopes tech employment and world-class outdoor recreation access and strong population growth, though prices risen significantly from baseline.
What is the median home price in Salt Lake City?
The median home price in Salt Lake City is approximately $500,000 with Utah County communities along Silicon Slopes from mid $400,000s to above $700,000.
Which Salt Lake City suburbs have the most new construction?
Lehi, American Fork, Saratoga Springs, Herriman, and South Jordan lead Salt Lake City metro in new construction activity.
Is Salt Lake City good for real estate investors?
Salt Lake City offers strong long-term rental demand from tech workforce and University of Utah students and young growing population.
What is driving Salt Lake City housing demand?
Silicon Slopes tech sector growth and Microsoft, Adobe, and Goldman Sachs employment and Utah youngest median age and ski resort proximity drive demand.
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