South Jordan, UT84009

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$607,000
1.5% YoY Growth
Median Household Income
$131,000
N/A
Days on Market
54
8.0% Longer than last year
Home Price Forecast
0.9%
Median Rent
$2,400
1.6% YoY Growth
1-Bed Rent
$1,200
15.0% YoY Growth
2-Bed Rent
$2,000
5.3% YoY Growth
3-Bed Rent
$2,300
0.0% YoY Growth

Other Zip Codes in South Jordan, UT

Property Listings — South Jordan, UT

As of Oct '25, Realtor.com reports that the median days on market for a home in South Jordan, UT is 54. This is a increase of 8.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$593,000-1.0%
Listing Count
36815.0%
Listings as % of Homes1.9%15.0%
Days on Market
548.0%
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Demographics — South Jordan, UT

South Jordan, UT lacks sufficient demographic data for analysis.

MetricLatest CensusYoY % Change
Population
42,100N/A
% Under 18
33.7%N/A
% Seniors
9.9%N/A
% WFH
21.9%N/A
% w/ College Degree
46.6%N/A
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South Jordan, UT lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
80.2%N/A
% Black
0.3%N/A
% Hispanic
10.0%N/A
% Asian
3.9%N/A
% Foreign Born
5.8%N/A
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Mortgage and Risk — South Jordan, UT

According to HUD data as of 2023, there were 424 mortgage originations in South Jordan, UT, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in South Jordan, UT. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
424
% Conventional Loans
84.0%
% Government Loans
16.0%
% Investor Loans
0.0%
% Second Loans
1.0%
% Cash Out Refinance
13.0%

Loan Activity

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Rentals and Section 8 — South Jordan, UT

As of 2024, the percent of homes in South Jordan, UT under the Section 8 program is 1.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In South Jordan, UT, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD
18
Total Units Section 8
18
% Rentals under Section 8
1.3%
% Occupied Section 8
92.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$750$1,200$1,950
2 Bedroom$340$2,000$2,340
3 Bedroom$840$2,300$3,140
4 Bedroom$690$2,880$3,570

Affordability — South Jordan, UT

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.5
Median Home Price$607,000
Median Household Income$131,000

South Jordan, UT — ZIP Code Boundary Map

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Frequently Asked Questions