Wasatch Front Home Prices Hit Records Amid Inventory Crunch

Home prices across Utah's Wasatch Front reached record levels in recent quarters, driven by persistent low inventory and robust demand from a booming population and job market. Statewide, prices surged 27% in 2021, shattering a 43-year record, with the median Wasatch Front price hitting $347,000 in Q2 that year, up 6% from $327,000 the prior year.[1] Salt Lake County led with a median of $404,193, while Weber County lagged at $300,000; more than 77% of homes sold under $450,000, but million-dollar sales jumped to 4% of the market.[1]