Welcome to our 84115 real estate data hub, tailored for investors in South Salt Lake, UT. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 84115 in South Salt Lake, UT. Discover Section 8 housing opportunities and challenges to maximize your investment potential in SALT LAKE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in South Salt Lake, UT real estate investing. Uncover the wealth of information available, and position yourself for success in the South Salt Lake property market.
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Location Overview
- Zip Code: 84115
- City: South Salt Lake
- State: UT
- Metro Area: Salt Lake City, UT
- County Name: SALT LAKE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $432,401
- Average Home Price (Single Family Homes): $440,290
- Average Monthly Rental Price (All Types): $1,549
- Price-to-Rent Ratio: 23
- Zillow Projected % appreciation from 4/2023-4/2024: 1.6%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,310
- Average 3 Bedroom Section 8 Rental Rates: $1,800
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 27.51
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 20.02
- Number of Units Offered in Section 8 in the County: 2655
- Number of Occupied Units in Section 8 in the County: 2488
- Percentage of Section 8 Units Occupied in the County: 93.69999695%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 924.54
- Total % Appreciation since 2000 (Government Data): 270.5
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.79%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -1.14%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 36.6%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 63.07%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 169.38%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 131.2%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 221.62%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -1.35%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 7.96%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 31.06%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 52%