Glendale, Salt Lake City, UT—84104
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Glendale, Salt Lake City, UT
As of Oct '25, the median home price in Glendale, Salt Lake City, UT is $401,000, with a year-over-year change of -0.2%. This indicates that home prices in Glendale, Salt Lake City, UT are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $401,000 | -0.2% |
| Single Family | $403,000 | 0.0% |
| Condos | $247,000 | 3.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $311,000 | 0.0% |
2 Bed | $357,000 | -0.6% |
3 Bed | $410,000 | 0.0% |
4 Bed | $441,000 | -0.5% |
| 5 Bed | $476,000 | -0.6% |
% of Housing Stock
Rental Trends — Glendale, Salt Lake City, UT
As of July '25, Rentcast reports the average rent in Glendale, Salt Lake City, UT is $1,630, with a year-over-year rent change of 5.2%. Per bedroom, the median rent as of July '25 in Glendale, Salt Lake City, UT is studios: $1,200, 1-bedrooms: $1,190, 2-bedrooms: $1,590, 3-bedrooms: $1,990, 4-bedrooms: $2,460. The most common rental property sizes in Glendale, Salt Lake City, UT are 2-bedroom and 1-bedroom, accounting for 42.9% and 21.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,630 |
| Studio Rent | $1,200 | $1,200 |
| 1 Bed Rent | $1,100 | $1,190 |
| 2 Bed Rent | $1,480 | $1,590 |
| 3 Bed Rent | $2,040 | $1,990 |
| 4 Bed Rent | $2,400 | $2,460 |
% of Rental Stock
Property Listings — Glendale, Salt Lake City, UT
As of Oct '25, Realtor.com reports that the median days on market for a home in Glendale, Salt Lake City, UT is 50. This is a increase of 19.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 41.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $416,000 | -2.0% |
Listing Count | 49 | -19.0% |
| Listings as % of Homes | 0.5% | -19.0% |
Days on Market | 50 | 19.0% |
Demographics — Glendale, Salt Lake City, UT
As of the latest ACS Survey released in 2023, Glendale, Salt Lake City, UT has a population of 24,100, which has decreased by -7.5% over the past 5 years. Glendale, Salt Lake City, UT is a popular place for families, as children make up 26.6% of the population. The area has a poorly educated workforce, with 22.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,100 | -7.5% |
% Under 18 | 26.6% | -13.4% |
% Seniors | 9.7% | 27.6% |
% WFH | 10.3% | 281.5% |
% w/ College Degree | 22.3% | 48.7% |
As of the latest ACS Survey released in 2023, Glendale, Salt Lake City, UT is a predominantly hispanic area, with 46.9% of the population identifying as hispanic. The hispanic population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Glendale, Salt Lake City, UT is white, making up 33.2% of the population. Foreign-born residents account for 26.5% of the population in Glendale, Salt Lake City, UT, and this percentage has decreased by 14.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 33.2% | 5.1% |
% Black | 5.5% | 52.8% |
% Hispanic | 46.9% | 0.6% |
% Asian | 5.2% | -24.6% |
% Foreign Born | 26.5% | -14.8% |
Mortgage and Risk — Glendale, Salt Lake City, UT
According to HUD data as of 2023, there were 319 mortgage originations in Glendale, Salt Lake City, UT, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Glendale, Salt Lake City, UT. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 319 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Glendale, Salt Lake City, UT
As of 2024, the percent of homes in Glendale, Salt Lake City, UT under the Section 8 program is 6.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Glendale, Salt Lake City, UT, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 243 |
Total Units Section 8 | 203 |
% Rentals under Section 8 | 6.0% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $1,100 | $1,260 |
| 2 Bedroom | $40 | $1,480 | $1,520 |
| 3 Bedroom | $0 | $2,040 | $2,040 |
| 4 Bedroom | -$80 | $2,400 | $2,320 |
Affordability — Glendale, Salt Lake City, UT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.3 |
| Median Home Price | $401,000 |
| Median Household Income | $61,300 |