Diamond Summit, Salt Lake County, UT

Median Home Price Price

$549,988 $550K

Median Monthly Rent Rent

$1,740 $1.7K

26.0x

Market Snapshot

Diamond Summit, Salt Lake County, UT is a neighborhood market with a median home price of $549,988, a median monthly rent of $1,740, a GRM of 26.0x, and a price-to-rent ratio of 26.3.

Comparable Markets

Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Top recommendation Nearby alternative Lower GRM Lower price Similar rent
High confidence
Price $405.4K
Rent $1.8K
GRM 19.0x
Explore the data
Region Show
Glendale
$405K $1.8K 19.0x
$444K $1.7K 21.0x
$441K $1.7K 21.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$508K $1.6K 27.0x
$415K $1.8K 20.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Diamond Summit

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Benchmark comparison

Rent in Diamond Summit, UT is 0.9% lower than Glendale, UT.

Diamond Summit, UT
Glendale, UT
Delta
Median rent
$1,740
$1,755
+$15
Median price
$549,988
$405,425
-$144,563
YoY change
+$76
+$53
-$23
Price-to-rent
26.3x
19.3x
-7.0x

Key takeaways

  • Diamond Summit, Salt Lake County, UT has a higher-grm screening profile: At 26.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $76 year over year.
  • Rent in Diamond Summit, UT is 0.9% lower than Glendale, UT.