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Foreclosures & Short Sales in La Verkin, Utah
La Verkin sits on the bench above the Virgin River about 20 minutes from Zion's main gate, and it's one of the quieter pockets of Washington County where distressed listings still show up from time to time. The town runs small — roughly 4,500 residents — with a mix of older manufactured homes on larger lots, 1990s and 2000s stick-built subdivisions off State Street and Center Street, and newer construction creeping up the hillsides toward Toquerville. Because La Verkin attracted a fair share of second-home and investor purchases during the 2020-2022 run-up, you'll occasionally see short sales tied to owners who bought near the peak and can no longer carry the payment alongside HOA dues, insurance hikes, or short-term rental income that didn't pan out.
Foreclosure and short sale inventory here is thin and unpredictable — some months there's nothing, other months a bank-owned property hits the MLS and moves in under a week. Most distressed listings in La Verkin price below the surrounding St. George and Hurricane comps, but they typically need work: roofs cooked by Southern Utah sun, HVAC systems past their lifespan, or stucco cracks from the expansive soils common in this part of the Virgin River corridor. Cash buyers and 203(k) renovation loan holders tend to have the easiest path. Browse the active listings below to see what's currently on the market, and check back often since these properties turn over quickly.
May 2026 · La Verkin market
Live from the Utah MLS — what's actually happening in La Verkin right now.
Median sale
$420,000
4 closed in May 2026
Median DOM
36 days
listing → contract
Sale-to-list
95.9%
of final list price
Unsold inventory
33
active + pending
1 matching · page 1 of 1
Active listings
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Common questions
About foreclosures & short sales in La Verkin.
What's the difference between a foreclosure and a short sale in Utah? ▾
A foreclosure (or REO) is a property the lender has already taken back and is reselling, so you negotiate directly with the bank. 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 60-120 days to close in Utah because the lender has to sign off; REOs can close in 30.
How often do distressed listings come up in La Verkin? ▾
Not often. La Verkin typically has zero to three distressed listings active at any given time, depending on the market cycle. When Southern Utah values dip or insurance costs spike, more short sales appear; in a hot market they nearly disappear. Setting up a saved MLS alert is the most realistic way to catch one.
Can I use an FHA or VA loan on a La Verkin foreclosure? ▾
Sometimes, but the home has to pass the appraisal and meet minimum property standards. Many REOs in La Verkin have deferred maintenance — peeling paint, missing handrails, non-functioning HVAC — that will kill an FHA appraisal. An FHA 203(k) or VA renovation loan can work if the bank allows a longer inspection period, which not all do.
Are short sales in La Verkin usually priced below market? ▾
The list price is often aggressive to generate offers, but the lender ultimately decides what they'll accept, and that number tends to land near current market value minus repair costs. Don't assume the asking price is the deal — assume it's the starting point for a long negotiation with the bank.
What should I inspect carefully on a distressed La Verkin home? ▾
Roof condition (Southern Utah UV destroys shingles fast), HVAC age, evaporative cooler or AC function, water heater, and any signs of foundation movement from the area's expansive clay soils. Also check whether the septic or sewer hookup is current — some older La Verkin properties still run on septic. A sewer scope and full inspection are worth every dollar on these homes.
Do I need a different agent to buy a foreclosure or short sale? ▾
You need an agent who has actually closed these transactions — the paperwork, timelines, and lender addenda are different from a standard resale. Our team has handled REO and short sale closings across Washington County for two decades, so we know which banks respond quickly and which ones will sit on your offer for three months.