84098 Housing Market Report December 2024Summit County, Utah

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Housing Prices in 84098, UT

How much do homes in 84098, UT cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$2,190,000$721/SqFt
-$1,200,000
-35.4%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 84098 has decreased by 35.4% since last year.

Summary: The median home list price in 84098 was $2,190,000 in December 2024, down 35.4% from the previous year, and the median price per square foot was $721.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
84060
-28.2%
84098
-35.4%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1-$599K
N/A
2$669.5K$746.5K
+11.5%
3$1.9M$1.2M
-36.2%
4$2.6M$2.6M
-2.1%
5$7.3M$4.9M
-32.0%

Summary: 84098 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +11.5%. The home price for 3 bedroom homes decreased by -36.2%. The home price for 4 bedroom homes decreased by -2.1%. The home price for 5 bedroom homes decreased by -32.0%.

Housing supply in 84098, UT

How many homes are available in 84098, UT?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
242Last MonthDec 2024
2102 months agoNov 2024
+15.2 %
Change MoMNov – Dec

Summary: The 84098 real estate market had 242 homes for sale in Dec 2024, a 15.2 % increase compared to Nov 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
1712
+71.4%
22935
+20.7%
34044
+10.0%
44957
+16.3%
58594
+10.6%

Summary: 84098 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +71.4%. The inventory for 2 bedroom homes increased by +20.7%. The inventory for 3 bedroom homes increased by +10.0%. The inventory for 4 bedroom homes increased by +16.3%. The inventory for 5 bedroom homes increased by +10.6%.

Days on Market for 84098, UT

How long does it take to sell a home in 84098, UT?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
150 DaysThis YearDec 2024
184 Days1 year agoDec 2023
-18.2 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in 84098 had an average listing age of 150 days in Dec 2024, down by 18.2% compared to the previous year.

Newest Listings in 84098, UT

What homes are available in 84098, UT?

MLS Disclaimers and Copyright

Based on information from UtahRealEstate, for the period 01/01/2023 - 01/01/2025

IDXBased on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2025 UtahRealEstate.com All rights reserved.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 8:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.