Construction Value
$267.6M ▼ 42.9%
Units Permitted
1,283 ▼ 59.6%
Avg Value / Unit
$209K
2024 · Census Bureau Building Permits Survey
Construction activity in Salt Lake City slowed in 2024, down 59.6% from the prior year with 1,283 housing units permitted. At $209K per unit, new builds are 28% below the Salt Lake County average of $290K, indicating more affordable construction. Volume is 1,375% above the county average of 87 units, suggesting faster-than-typical growth. 69.1% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
A mix of single-family and multi-unit development.
Construction Intensityi
$1K
per resident
County avg: $5K-71%
$2.4M
per square mile
Salt Lake City vs. Salt Lake County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 397 | 397 | $103.9M | 39% |
| ■ Duplex | 8 | 4 | $540K | 0% |
| ■ 3-4 Unit | 3 | 1 | $1.0M | 0% |
| ■ 5+ Unit | 875 | 9 | $162.1M | 61% |
County Ranking by Construction Volume
Among 17 permit-issuing towns in Salt Lake County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →