The real estate market in South Jordan, UT is experiencing a slight decline in median listing home prices, with a decrease of -3% year over year. The median listing home price per square foot is $228, and the median home sold price is $700K. The sale-to-list price ratio is 99.17%, indicating that homes in South Jordan are typically sold close to their asking price. The market is considered a buyer’s market, as the supply of homes exceeds the demand. Homes in South Jordan sell after an average of 42 days on the market. The top schools in South Jordan are rated good and higher by GreatSchools, with ratings based on school quality indicators including test scores and college readiness. South Jordan offers a variety of amenities, including grocery stores, cafes, and restaurants, with parks and gyms planned for the future. The newest listings and neighborhoods in South Jordan can be found on the website, with median listing home prices ranging from $594.5K to $1.2M. Rental options are also available in some neighborhoods, with prices ranging from $780 to $8K per month.
Current Housing Market Trends in South Jordan, UT
The median listing home price in South Jordan, UT was $650K in August 2023, experiencing a decrease of -3% compared to the previous year. This decline in housing prices can be partly attributed to the impact of COVID-19 on the housing market in South Jordan, UT. The pandemic led to economic uncertainty, which affected the demand for homes and subsequently resulted in a decrease in prices. Additionally, the influence of population growth on housing prices in South Jordan, UT cannot be overlooked. As the population continues to grow in the area, the demand for housing increases, leading to higher prices. This combination of factors, including the effects of COVID-19 and population growth, has contributed to the current housing market trends in South Jordan, UT.
Median Home Prices and Sales in South Jordan, UT
Median listing home prices in South Jordan, UT were down 3% year over year in August 2023. This decline in prices can be attributed to the impact of COVID-19 on the housing market in South Jordan. Despite the decrease, the median listing home price in South Jordan, UT was $650,000, with a median listing home price per square foot of $228. In comparison to neighboring cities, South Jordan’s median listing home price remains relatively high. The housing market in South Jordan, UT is experiencing a buyer’s market, as the supply of homes exceeds the demand. Homes in South Jordan, UT sell for approximately the asking price on average and spend an average of 42 days on the market. Overall, the housing market in South Jordan, UT is facing the challenges posed by the pandemic, but continues to be an attractive location for homebuyers.
Top-rated Schools in South Jordan, UT
Public schools in South Jordan, UT have received favorable ratings by GreatSchools based on indicators such as test scores and college readiness. These ratings provide valuable insights for parents seeking the best educational options for their children. According to GreatSchools, public schools in South Jordan, UT have demonstrated strong performance in preparing students for college. This ranking is particularly important for families considering the choice between public and private schools in the area. By considering the college readiness component, parents can make informed decisions about the educational path that will best meet their child’s needs. The rankings serve as a reliable resource for families in South Jordan, UT, offering an objective and data-driven assessment of the schools’ effectiveness in preparing students for higher education.
Amenities and Rental Options in South Jordan, UT
Dozens of grocery stores and hundreds of cafes and restaurants can be found in the vibrant community of South Jordan, UT. This bustling city offers a wide range of options for residents and visitors alike. Whether you’re looking for fresh produce or a cozy coffee shop, South Jordan has you covered. Additionally, the city also offers rental options for those who prefer not to buy a home. Rental prices in South Jordan range from $780 to $8,000 per month, providing a variety of choices to suit different budgets and preferences. With its abundance of amenities and rental options, South Jordan is a desirable place to live for those seeking convenience and a vibrant community atmosphere.
Neighborhoods and Newest Listings in South Jordan, UT
The newest listings in South Jordan, UT can be found on the website, showcasing a variety of neighborhoods including Midas Creek, Country Crossing, South River, River Ridge, and Highland. These neighborhoods offer a range of housing options for those looking to rent or buy in the area. Rental options in South Jordan, UT range from $780 to $8K per month, providing a wide range of choices to suit different budgets. Additionally, South Jordan, UT boasts numerous amenities near the city. Residents can easily access grocery stores, cafes, and restaurants, making it convenient for daily needs. With its newer homes and diverse neighborhoods, South Jordan, UT is an attractive location for those seeking a vibrant community with a variety of housing options.