According to the Salt Lake Board of Realtors, Salt Lake County has seen a 50% increase in overall housing prices since 2011. When looking back on 2017 there was a 10% increase in the average cost of a single-family home but the number of homes sold from 2016 to 2017 went down.  Inferring less inventory with more demand.  The first month of 2018 has seen similar carry over from 2017.  As demand increases, the cost of homes will continue to climb.  Utah Real Estate is projecting a 7-8% price increase in 2018.  Estimating the median single-family home sale price at $350,000. Check out the full report here.