A single-family home near Dimple Dell now costs nearly $300,000 more than one along the State Street corridor, according to new ZIP code data that reveals how unevenly Sandy's housing boom is landing across the city.
Salt Lake Board of Realtors figures for the second quarter of 2026 show Sandy's 84092 ZIP code posted an $860,000 median single-family price, while 84070 came in at $560,857. The other two active Sandy ZIPs fell between: 84093 at $810,000 and 84094 at $647,000. The fifth ZIP, 84091, had no data.
All four sit against a countywide record. Salt Lake County's median single-family price hit $645,000 in the April-through-June quarter, up 4.88% from a year earlier, with 2,334 homes sold, a 4.62% increase in volume.
'Bipolar' conditions
Scott Colemere, president of the Salt Lake Board of Realtors and a 30-year broker, described the broader market as split between buyers gaining confidence and sellers who still believe they can command COVID-era prices.
"I think what our market is right now, honestly, is bipolar," Colemere told the Deseret News in a July 28 interview.
He said the average listing discount runs 2–3%, putting the market in equilibrium rather than favoring buyers or sellers. But he cautioned that high gas and grocery prices could flatten appreciation to just 1–2% if consumer confidence weakens.
Mortgage rates add pressure. The 30-year fixed average stood at 6.58% the week ending July 24, according to Freddie Mac. Rates had briefly dipped below 6% in February for the first time since 2022.
Dejan Eskic, the board's chief economist, told KSL on July 22 that Utah's strong housing demand and low unemployment explain the continued price increases.
Sandy's housing push
The price spread underscores the challenge Sandy officials face as they try to add housing options citywide. The council adopted its "Building Our Future" housing policy framework on March 24, launching a two-year overhaul of the city's Land Development Code. Single-family homes make up 75% of Sandy's housing stock, according to Utah Foundation data cited in the report.
The city has already begun acting on that framework. On March 10, the council voted 4-3 to rezone a 0.65-acre lot near 8600 South and 1000 East for a duplex and fourplex. Councilmember Marci Houseman said before that vote that the project represents "something we need in Sandy," even if higher-density infill isn't what everyone wants.
As we reported July 22, homes in the county averaged 48 days on market in Q2, up from 45 a year earlier. The next Board of Realtors report, covering July through September, will show whether Sandy's record prices hold into the summer selling season.
