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Foreclosures & Short Sales in South Jordan, Utah
South Jordan sits in the southwest Salt Lake Valley, anchored by Daybreak, the South Jordan Parkway corridor, and the rapidly growing area around Mountain View Village and the Jordan River Parkway. It's one of the more expensive cities in Salt Lake County — median sale prices typically run in the high $600s to low $700s, with new construction in Daybreak and luxury homes near The Ridge pushing well above $1M. Because of that price floor, distressed inventory here is thin compared to cities further south or west. When foreclosures and short sales do hit the South Jordan MLS, they tend to move fast, often to cash buyers or investors who already have financing lined up.
Most distressed listings in South Jordan fall into one of three buckets: older homes south of 10400 South built in the 1990s, mid-2000s subdivisions near Bingham Creek where owners bought near peak pricing, and the occasional Daybreak townhome where an owner is underwater on HOA fees plus mortgage. Short sales require lender approval and can take 60-120 days to close, while bank-owned (REO) properties usually close faster but are sold strictly as-is. Both paths can offer meaningful discounts versus traditional sales, but inspections, title review, and realistic repair budgets matter more than usual. Browse the current foreclosure and short sale listings below to see what's actively available in South Jordan right now.
May 2026 · South Jordan market
Live from the Utah MLS — what's actually happening in South Jordan right now.
Median sale
$635,000
83 closed in May 2026
Median DOM
18 days
listing → contract
Sale-to-list
98.9%
of final list price
Unsold inventory
485
active + pending
5 matching · page 1 of 1
Active listings
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Common questions
About foreclosures & short sales in South Jordan.
How many foreclosures and short sales are typically active in South Jordan? ▾
South Jordan usually has a small number of distressed listings at any given time — often fewer than ten across the whole city. Higher median values and strong owner equity keep that count low compared to places like West Valley or Magna. The list below reflects what's currently active on the Wasatch Front MLS.
What's the difference between a foreclosure and a short sale? ▾
A foreclosure (or REO) is a home the bank already owns after the prior owner lost it, and the bank sells it directly, usually as-is. A short sale is still owned by the homeowner, but they're selling for less than they owe and need lender approval on the price. Short sales take longer to close but the home is often in better condition because someone still lives there.
Can I get a mortgage on a South Jordan foreclosure, or do I need cash? ▾
Most REO homes in South Jordan are financeable with conventional, FHA, or VA loans as long as the property meets the lender's condition requirements. Homes with major issues — missing HVAC, damaged flooring, non-functional plumbing — may only qualify for cash or renovation loans like FHA 203(k). An agent who has walked the property can tell you which path fits.
Are South Jordan short sales actually discounted, or priced at market? ▾
It varies. Some short sales are listed aggressively low to attract offers the lender will approve quickly; others are priced at full market because the seller owes that much. The real test is what the lender will accept, which you don't know until offers are submitted. Recent comps in the specific South Jordan neighborhood — Daybreak, The Cove, Glenmoor — matter more than the list price.
How long does a short sale take to close in South Jordan? ▾
Plan on 60-120 days from accepted offer to closing, sometimes longer if there's a second lien or PMI insurer involved. Foreclosures (REOs) typically close in 30-45 days once the bank accepts an offer. If you're on a tight timeline because of a lease ending or a relocation, an REO is usually the safer bet.
Do Daybreak HOA fees complicate short sales there? ▾
Yes. Daybreak has multiple HOA layers, and unpaid dues attach to the property. In a short sale, the listing agent and title company have to negotiate those arrears alongside the mortgage payoff, which adds time. Always ask for an HOA estoppel early so you know exactly what's owed before you're deep into the contract.