This Utah metro area ranks near top of the nation for home price increases

by | Mar 19, 2022 | 0 comments

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A new national housing report has again placed Utah’s capital city among the top in the nation for housing markets with the biggest home price increases.

Salt Lake City ranked among the top five of 51 metro areas across the nation for the biggest year-over-year increases in median sales price, with an overall median price of $516,759 last month. That’s up 26% from a median price of $410,000 in February 2021, according to RE/MAX’s national housing report for February released Thursday.

 

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