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Syracuse, Utah

Foreclosures & Short Sales in Syracuse, Utah

Syracuse sits on the northwest edge of Davis County, between Antelope Island and the I-15 corridor, and it's one of the fastest-growing cities in Utah — population has more than doubled since 2010. That growth, combined with proximity to Hill Air Force Base and a heavy share of newer construction financed at the bottom of the rate cycle, means distressed inventory here tends to be limited but worth watching. Most foreclosures and short sales that surface in Syracuse are in subdivisions built since 2005 off Bluff Road, 1000 West, and the Bluff Ridge area, where some owners stretched into payments that became uncomfortable when rates climbed.

Buyers shopping bank-owned homes (REOs) and pre-foreclosure short sales in Syracuse should expect a different process than a standard resale. Short sales need lender approval and can take 60-120 days; REOs close faster but are typically sold as-is, with the bank declining most repair requests. The upside is real — Syracuse homes regularly trade in the upper-$500s to low-$700s, so even a modest discount on a four-bedroom in a good school boundary (Syracuse Junior, Clearfield High, or the newer schools serving the Lakeside area) can mean meaningful equity at closing. Cash and conventional buyers tend to win these deals, but FHA and VA offers close here often, especially on properties that show well. Browse the active listings below to see what's currently available on the Syracuse MLS.

May 2026 · Syracuse market

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

Full Syracuse market report
Median sale
$597,000
30 closed in May 2026
Median DOM
16 days
listing → contract
Sale-to-list
99.7%
of final list price
Unsold inventory
125
active + pending

1 matching · page 1 of 1

Active listings

Common questions

About foreclosures & short sales in Syracuse.

How many foreclosures and short sales are typically active in Syracuse at any given time?

Syracuse is a healthy, fast-growing Davis County market, so distressed inventory stays thin — often just a handful of listings, sometimes none. When something does hit the MLS, it usually moves quickly because the overall buyer pool here is deep, with families relocating for Hill Air Force Base and the Lakeside Crossing developments.

What's the difference between a foreclosure (REO) and a short sale?

An REO is a bank-owned property the lender already took back at auction — you negotiate directly with the bank and closings are usually 30-45 days. A short sale is still owned by the homeowner, but the lender has to approve a sale price below what's owed, which can stretch the timeline to 60-120 days or longer.

Are Syracuse foreclosures usually move-in ready?

It varies. Many Syracuse homes in distress are newer builds in subdivisions off Bluff Road, Antelope Drive, or 2000 West, and they tend to be in decent shape. Older homes near the original townsite or properties that sat vacant through a Utah winter may have frozen pipe damage, neglected landscaping, or deferred HVAC maintenance — always budget for an inspection.

Can I use an FHA or VA loan on a Syracuse short sale or foreclosure?

Often yes, but the home has to meet the loan's condition requirements. VA is especially common in Syracuse given the Hill AFB population, and many bank-owned homes here pass appraisal fine. If a property is missing appliances, has roof issues, or shows obvious damage, you may need a renovation loan like FHA 203(k) instead.

Do short sales in Syracuse actually close at a discount?

Sometimes, but not always. Lenders order their own appraisal or BPO and won't approve a price far below market value. Realistic savings on a Syracuse short sale tend to run 3-8% under comparable resale homes, with the bigger benefit often being less competition than a traditional listing in this active market.

How fast do I need to move when a distressed property pops up here?

Quickly. Syracuse's median sale price sits well into the upper-$500s, and well-priced REOs draw multiple offers within days. Have your financing fully pre-approved, proof of funds ready for earnest money, and an agent who can write the offer the same day the listing goes live.