The South Jordan housing market is showing balanced conditions with stable prices and moderate inventory levels. The median home price in South Jordan currently stands at $471,000. With 132 active listings, inventory is 65% higher than seasonal norms. Homes are taking about 63 days to sell, which is -1 days longer than this time last year. A significant 35.6% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 21.2% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the South Jordan market with the affordability index at 51.1. Based on current market indicators, home prices in South Jordan are projected to increase by approximately 8.1% over the next month.
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