West Jordan, UT84088

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$566,000
1.7% YoY Growth
Median Household Income
$101,000
42.2% 5-Year Growth
Days on Market
54
37.0% Longer than last year
Home Price Forecast
1.0%
Median Rent
$2,050
0.5% YoY Growth
1-Bed Rent
$1,300
2.3% YoY Growth
2-Bed Rent
$1,450
7.1% YoY Growth
3-Bed Rent
$2,000
5.6% YoY Growth

Property Listings — West Jordan, UT

As of Aug '25 and according to Realtor.com, the median days on market for a home in West Jordan, UT is 54. This is an increase of 37.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 89.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$580,000-4.0%
Listing Count
72N/A
Listings as % of Homes0.4%N/A
Days on Market
5437.0%
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Demographics — West Jordan, UT

MetricLatest CensusYoY % Change
Population
38,9004.0%
% Under 18
26.5%-8.0%
% Under 5N/AN/A
% Seniors
10.1%16.1%
% WFH
17.2%258.3%
% w/ College Degree
28.3%17.4%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
67.1%-5.8%
% Black
1.0%-56.5%
% Hispanic
25.1%30.1%
% Asian
2.5%-13.8%
% Foreign Born
12.9%17.3%
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Mortgage and Risk — West Jordan, UT

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in West Jordan, UT in that year was 608. 87.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 42.0%. Of those, 16.0% were >90% loan to value. This is considered elevated, suggesting that mortgage risk is medium in West Jordan, UT. Investor activity in West Jordan, UT is low, as 1.0% of all loans are originated by investors. In 2023, 15.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
608N/AN/A
% Conventional Loans
87.0%N/AN/A
% Government Loans
13.0%N/AN/A
% Investor Loans
1.0%N/AN/A
% Second Loans
0.0%N/AN/A
% Cash Out Refinance
15.0%N/AN/A
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Rentals and Section 8 — West Jordan, UT

As of 2024, the percent of homes in West Jordan, UT under the Section 8 program is 4.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
218
Total Units Section 8
154
% Rentals under Section 8
4.8%
% Occupied Section 8
92.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$180$1,300$1,480
2 Bedroom$330$1,450$1,780
3 Bedroom$390$2,000$2,390
4 Bedroom$120$2,600$2,720

Affordability — West Jordan, UT

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio5.4N/AN/A
Median Home Price$566,000N/AN/A
Median Household Income$101,000N/AN/A

West Jordan, UT — ZIP Code Boundary Map

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