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Foreclosures & Short Sales in Herriman, Utah
Herriman sits on the southwest edge of the Salt Lake Valley, tucked up against the Oquirrh Mountains and a short drive from the Daybreak commuter rail and Mountain View Corridor. It's grown from a sleepy ranching town to a city of roughly 60,000 in about two decades, which means the housing stock skews newer — lots of 2005-and-later construction in neighborhoods like Rosecrest, Anthem, Juniper Crest, and The Cove. Because the market here has appreciated steadily, true foreclosures and short sales are relatively rare compared to older Salt Lake County submarkets. When they do come up, they tend to attract competitive offers quickly, especially from buyers who recognize Herriman's school ratings (Jordan and Canyons districts both serve parts of the city) and the lifestyle pull of Blackridge Reservoir, Butterfield Park, and the trail network up Yellow Fork Canyon.
Distressed properties in Herriman fall into a few buckets: bank-owned (REO) homes where the lender has already taken the property back, short sales where the homeowner is negotiating with their lender to accept less than the loan balance, and the occasional pre-foreclosure auction. Each one comes with different timelines, paperwork, and risk. Short sales especially require patience — lender approval can stretch 60 to 120 days. Working with an agent who's actually closed these in Salt Lake County matters, since title issues, HOA back-dues in master-planned communities, and as-is condition clauses can trip up first-timers. Browse the active listings below to see what's currently available in Herriman, and reach out if you'd like a closer look at a specific property's history or condition.
May 2026 · Herriman market
Live from the Utah MLS — what's actually happening in Herriman right now.
Median sale
$572,500
82 closed in May 2026
Median DOM
24 days
listing → contract
Sale-to-list
99.4%
of final list price
Unsold inventory
473
active + pending
2 matching · page 1 of 1
Active listings
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Common questions
About foreclosures & short sales in Herriman.
Are there typically many foreclosures or short sales on the market in Herriman? ▾
Not really. Herriman is one of the fastest-growing cities in Salt Lake County, and most inventory is owner-occupied or new construction from builders like Ivory, Holmes, and Richmond American. Distressed listings tend to be a small fraction of the active MLS — sometimes only a handful at any given time, and they move fast when priced under market.
What's the difference between a foreclosure and a short sale? ▾
A foreclosure (REO) is a property the bank has already taken back, so you're negotiating with the lender as the seller. A short sale is still owned by the homeowner, but they owe more than the home is worth and need lender approval to sell for less than the loan balance. Short sales generally take longer to close — often 60 to 120 days — because the bank has to sign off on the price.
Do Herriman foreclosures need a lot of repair work? ▾
It varies. Because Herriman's housing stock is relatively young — most homes in Rosecrest, Juniper Crest, and Anthem were built after 2005 — distressed homes here are usually in better shape than older REOs you'd see in Magna or parts of West Valley. Still, expect deferred maintenance: landscaping, HVAC servicing, and cosmetic items are common. Always budget for an inspection.
Can I use an FHA or VA loan on a Herriman foreclosure? ▾
Often yes, but the home has to meet minimum property standards. Bank-owned homes sometimes have missing appliances, damaged flooring, or non-functional systems that will fail an FHA appraisal. If the listing is being sold strictly as-is and the bank won't make repairs, conventional or cash offers tend to win. Your lender can pre-screen a specific property before you write.
How competitive are offers on distressed homes in Herriman? ▾
Very competitive when the price is sharp. With Herriman's median sale price hovering in the high $600s to low $700s, anything listed meaningfully below that draws multiple offers within days. Banks usually take a few business days to respond and tend to favor clean offers with strong earnest money and proof of funds.
Are HOA dues and back taxes my responsibility on a foreclosure? ▾
Generally no — title work at closing should clear out delinquent property taxes and HOA liens, and most Herriman neighborhoods (Cove at Herriman Springs, Hi-Country Estates, Mustang Trail) have active HOAs that will have filed liens already. Your title company will confirm the payoff. Just make sure you're working with an agent and title officer who've handled REO closings before.