bds
|
ba
|
sqft
ac lot
|
car garage
|
|
Foreclosures & Short Sales in Sandy, Utah
Foreclosures and short sales come and go in Sandy depending on where we are in the rate cycle, and right now inventory in this category is thin compared to the 2009-2012 stretch many longtime Utah agents remember. Sandy's housing stock runs from 1970s split-levels near 700 East up through newer builds in Granite and the benches toward Dimple Dell, so a bank-owned property here might be a dated rambler needing carpet and paint, or an estate sale in a neighborhood feeding into Alta View Elementary and Jordan School District. Because Sandy sits along the I-15 and I-215 corridor with easy access to both downtown Salt Lake and the mouth of Little Cottonwood Canyon, distressed properties tend to get picked up fast by buyers who know the area and are comfortable moving quickly with cash or strong pre-approval.
Short sales require more patience than a standard purchase because the seller's lender has to approve any offer below the loan balance, which can add weeks or months before closing. Bank-owned (REO) listings move faster once accepted but are almost always sold strictly as-is, so a solid home inspection matters even more than usual. Sandy's mix of established mid-century pockets and newer subdivisions means condition varies wildly from one distressed listing to the next — some need a new roof and furnace, others just cosmetic work. Browse the active listings below to see what's currently on the market and reach out if you want a read on a specific property's history before you write an offer.
August 2026 · Sandy market
Live from the Utah MLS — what's actually happening in Sandy right now.
Median sale
$690,000
49 closed in August 2026
Median DOM
21 days
listing → contract
Sale-to-list
97.3%
of final list price
Unsold inventory
291
active + pending
1 matching · page 1 of 1
Active listings
Prefer the map?
See all 1 foreclosures & short sales on a map
Pan around Sandy and refine by drawing your own boundary.
Common questions
About foreclosures & short sales in Sandy.
How many foreclosures and short sales are typically available in Sandy at any given time? ▾
It varies a lot with the market, but in a typical stretch Sandy usually has only a handful of active bank-owned or short sale listings at once, sometimes none. Sandy's overall low unemployment and steady demand from Salt Lake commuters keep distressed inventory tighter here than in some outlying Utah County or Tooele communities.
Are foreclosures in Sandy sold as-is? ▾
Yes, almost universally. Banks that own REO properties rarely make repairs or concessions, and short sale sellers usually can't afford them either since they're already underwater. Get a full inspection anyway so you know what you're taking on before closing.
How long does a short sale take to close in Sandy? ▾
Plan on 30 to 90 days beyond a normal closing timeline because the seller's mortgage lender has to review and approve the sale price. Some lenders respond in a few weeks, others take much longer, so short sales aren't a good fit if you're on a tight moving deadline.
Can I use an FHA or VA loan on a foreclosure in Sandy? ▾
Often yes, but it depends on the property's condition. FHA and VA loans require the home to meet minimum property standards, and a foreclosure with a missing water heater, broken windows, or major deferred maintenance may not qualify until repairs are made, which can complicate financing on an as-is sale.
Do foreclosures in Sandy actually sell below market value? ▾
Sometimes, but the discount is usually smaller than people expect, especially in well-located Sandy neighborhoods near good schools or canyon access. Multiple offers on bank-owned properties are common once they hit the MLS, so the final sale price often lands close to what a comparable renovated home would fetch.
What should I check before making an offer on a distressed property in Sandy? ▾
Pull the property history to see if there are open liens beyond the primary mortgage, since second mortgages or HOA liens can complicate a short sale approval. Also budget for an inspection and a rough repair estimate up front, since financing contingencies on as-is sales are limited.