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Moab, Utah

Foreclosures & Short Sales in Moab, Utah

Foreclosures and short sales don't come around often in Moab, and when they do, they tend to move fast. This is a small market — Grand County records maybe a few hundred residential sales a year — and most of the inventory sits in Spanish Valley, Moab city limits, and the acreage parcels out toward Old Airport Road and Kane Creek. Because tourism and second-home demand keep prices propped up (median home prices have run well above the state average for years), distressed sales here are usually tied to an individual owner's situation — a job change, an estate, an overleveraged short-term rental — rather than broader market stress. That means condition varies wildly: some are turnkey rentals that just need a new mortgage, others need real work before a lender or the county will let them close.

Buyers should also know Moab's rental overlay ordinances and short-term rental permit rules affect what a bank-owned or short-sale property is actually worth to you. A house that cash-flowed as a nightly rental under a legacy permit may not carry that permit once ownership changes, so verify permit status with the city or county before assuming the numbers pencil out. Financing can be tighter too — some lenders balk at rural comps or properties needing repair, so cash or renovation loans (203k, hard money) show up often in these deals. Browse the active listings below to see what's currently on the market.

August 2026 · Moab market

Live from the Utah MLS — what's actually happening in Moab right now.

Full Moab market report
Median sale
$476,250
2 closed in August 2026
Median DOM
listing → contract
Sale-to-list
85.3%
of final list price
Unsold inventory
136
active + pending

1 matching · page 1 of 1

Active listings

Common questions

About foreclosures & short sales in Moab.

How often do foreclosures and short sales show up in Moab?

Not often. Grand County's overall sales volume is small, so distressed listings might appear a handful of times a year rather than as a steady inventory stream. When one hits the MLS in a desirable pocket like Spanish Valley, expect competition within days.

Are these properties usually move-in ready?

It's a mix. Some are former long-term rentals or second homes in solid shape that just need a lender sale to close out. Others have deferred maintenance from vacancy or an owner who stopped keeping up the property, so budget for an inspection contingency and a real repair estimate before waiving anything.

Does a foreclosure or short sale come with an existing short-term rental permit?

Not automatically. Moab and Grand County cap the number of overlay-zone STR permits, and many are non-transferable or tied to specific ownership conditions. Confirm current permit status with the city's Community Development office before assuming you can run nightly rentals on day one.

Can I use a regular mortgage on a bank-owned home here?

Sometimes, but rural appraisals and property condition can complicate conventional financing. If the home needs work, a 203(k) rehab loan or a local cash/bridge lender is often a more realistic path than a standard 30-year fixed, especially on older Moab-area homes.

How do short sales work differently from bank-owned foreclosures?

A short sale means the current owner still holds title and needs their lender's approval to sell for less than the mortgage balance, which adds negotiation time — often weeks. A bank-owned (REO) property is already lender-owned and typically moves faster once you're under contract, though it's usually sold strictly as-is.

Is Moab a good place to find a deal compared to other Utah markets?

Deals exist, but don't expect St. George or Salt Lake-style discounts. Moab's land scarcity and tourism-driven demand mean even distressed properties often sell close to market value once multiple buyers notice them, so the advantage is more about access to hard-to-find inventory than a steep price cut.