Market analytics · April 2026 archive
South Jordan, Utah real estate market report.
Monthly sold prices, days on market, sale-to-list ratio, and absorption rate. Updated nightly from UtahRealEstate.com and the Washington County Board of Realtors.
Updated · Sources: UtahRealEstate.com & Washington County Board of Realtors
April 2026 · Market Analysis
South Jordan closings accelerate in April as buyers shake off a slow winter.
In April 2026, South Jordan homes sold with a median of 25 days on market — down sharply from 31 days in March and a full 30 days faster than February's sluggish 55-day median, signaling that the winter hesitation has largely cleared. Closings reached 120 for the month, up from 103 in March and 22% above April 2025's 98 sales, while 190 new listings entered the market — the most in any month tracked over the past six months. Active inventory climbed to 463 homes, compared with 272 a year ago in April 2025, giving buyers meaningfully more selection than they had at this time last year.
Market pulse
Median days on market traced a wide arc over the past six months: 41 days in November 2025, then 32 in December, before climbing to 44 in January 2026 and peaking at 55 in February — the slowest pace of the cycle. March snapped back to 31 days, and April tightened further to 25, matching the pace South Jordan ran in April 2025. The sale-to-list ratio recovered to 99.41% in April, the strongest reading since August 2025's 99.44%, and 34 of 120 closings went above list price — nearly double March's 19. Active inventory has grown steadily from 233 homes in December to 463 in April, but the absorption rate held at 3.86 months, well within balanced-market territory, because demand kept pace with the supply build.
Mortgage context
The 30-year fixed rate sits at 6.625% today, up 0.375 pp from 6.25% thirty days ago — a move that adds real weight to monthly payments on South Jordan's mid-$600K median. Rates have climbed 0.43 percentage points since February's monthly average of 6.19%, which was the softest borrowing environment of the past six months; the April monthly average came in at 6.42%, and May has already edged to a 6.51% average. For buyers financing at the current spot rate, that February-to-now climb translates directly into a higher monthly obligation on every price point in the market.
Payment math
On a median-priced home today, P&I lands at $3,150/mo at 6.625% — $121/mo more than 30 days ago at 6.25%, and $140/mo above the February low when rates averaged 6.19% and P&I would have been $3,010.
If you're buying
Target homes that have been sitting 60 or more days — the Jordan and Daybreak Springhouse segments have shown median DOM well above the city average in recent months, and sellers in those pockets have demonstrated willingness to negotiate. In the $400K–$700K band, where 62 of April's 120 closings occurred and the median sale came in at $539,990, there is enough volume to find motivated sellers; look for the 5 homes that closed with a price change in April as a signal that list-price discipline is softening on specific properties. FHA buyers should note the 6.00% FHA rate is meaningfully below the conventional 6.625%, which on a Daybreak-area townhome in the mid-$500Ks can save $80–$100/mo in P&I.
If you're selling
With 463 active listings competing for buyers and inventory up 70% from a year ago, pricing at or just below recent comps is more important than it has been in two years — homes that opened at last spring's 100% sale-to-list assumptions and didn't sell are now the cautionary tale. In Daybreak, where 45 homes closed in April at a median of $596,000 and a median DOM of 28 days, well-prepared homes priced within 1–2% of true market value are still moving in under a month; the ones sitting are the ones that opened high. If your home is in the Kennecott or Jordan Heights corridor, lean on the over-$700K segment's strength — 46 closings in April at a median of $954,945 — but be precise: the two Jordan-subdivision closings in April carried a 137-day median DOM, a reminder that premium pricing without differentiation stalls.
Outlook
Over the next 60–90 days, South Jordan's spring momentum should sustain moderate closing volumes — the prior-year May and June each cleared 110–116 sales — but the rate environment is the primary variable. With the 30-year already at 6.625% and the May monthly average tracking at 6.51%, buyers in the $500K–$650K range are carrying payments roughly $140/mo higher than they would have in February, which will keep some Silicon Slopes commuters and I-15 corridor move-up buyers on the sidelines. Inventory will likely continue building through June as new-construction permitting activity in the Daybreak expansion phases adds resale competition; sellers who don't move in May or early June may face a more crowded field by midsummer.
Watch for
If the 30-year fixed rate crosses 7.00%, expect South Jordan's absorption rate to climb back above 5 months and median DOM to retest the 40-plus-day range seen in January and February, particularly in the $400K–$700K band where payment sensitivity is highest.
"South Jordan's spring reset: faster closings, more listings, and a rate headwind buyers can't ignore."
Common questions about South Jordan this month
Is South Jordan a buyer's or seller's market in April 2026? ▾
It's a balanced-to-slightly-seller-favoring market at the moment. The absorption rate of 3.86 months and a 99.41% sale-to-list ratio both point to competitive conditions, but 463 active listings — up from 272 a year ago — means buyers have more negotiating room than they did in 2025. Well-priced homes in Daybreak and Kennecott are still moving in under 30 days, while overpriced listings are sitting for 60-plus days.
How much does a home in South Jordan cost in April 2026? ▾
The April 2026 median sale price was $615,000, essentially flat with April 2025's $621,400. The $400K–$700K band accounted for 62 of 120 closings with a median of $539,990, while the over-$700K segment saw 46 closings at a median of $954,945. Daybreak, the city's largest master-planned community, posted a median sale of $596,000 across 45 closings.
Are homes selling quickly in South Jordan right now? ▾
Yes, relative to the winter slowdown. Median days on market fell to 25 in April, down from 55 in February and 31 in March. The $400K–$700K price band moved fastest at a median of 18 days. That said, some properties — particularly in the Jordan subdivision — are still sitting well over 100 days, so speed depends heavily on pricing accuracy.
What is the impact of current mortgage rates on buying in South Jordan? ▾
At today's 6.625% 30-year rate, a buyer financing a $615,000 home faces roughly $3,150/mo in principal and interest — $140/mo more than they would have paid at February's 6.19% average. That gap is meaningful for buyers stretching into the mid-$600K range. VA-eligible buyers (common among Hill AFB families and veterans in the Salt Lake Valley) can access a 6.25% VA rate, saving roughly $120/mo on a median-priced home.
How is the Daybreak community performing compared to the rest of South Jordan? ▾
Daybreak remains the dominant sales engine, accounting for 45 of 120 April closings — 37.5% of all South Jordan volume. Its April median sale of $596,000 and median DOM of 28 days track closely with the city-wide averages, suggesting Daybreak is neither leading nor lagging the broader market right now. By contrast, the Daybreak Springhouse sub-phase has shown longer DOM in recent months (84 days in March), likely reflecting builder standing inventory competing with resale.
Number of Listings
Active inventory · new listings · sold per month
Listing Prices
Active median list · new median list · sold median sale
Absorption Rate
Months of supply — active inventory ÷ monthly sold rate
Sale-to-List Ratio
Close price ÷ original list — buyer/seller leverage
Days on Market
Median days from listing to close
Price Volume
Total dollar volume — active · new · sold per month
April 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
121 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 24 · 25th percentile 6 · 75th percentile 46
Needed a price change
Sold listings that had a recorded price change before close
6 of 121 sold homes had at least one price change while listed. Lower = sellers are pricing right the first time.
Sales by price band
Closed-price bucket → sold count and median days to contract
Top subdivisions this month
Ranked by closed count
- 1. Daybreak 46 sold · $594K · 28d
- 2. Jordan Heights 3 sold · $654K · 26d
- 3. Midas Creek 2 sold · $1,195K · 20d
- 4. Jordan 2 sold · $925K · 137d
- 5. High Pointe 2 sold · $875K · 4d
April 2026 by property type
How each housing type performed last month — 120 closings total across subtypes.
Summary Statistics
| Metric | Apr-26 | Apr-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 121 | 98 | +23.47% | 352 | 301 | +16.94% |
| Median Sale Price | $615,000 | $621,400 | -1.03% | $625,241 | $595,176 | +5.05% |
| Median DOM | 24 | 25 | -4.00% | 36 | 31 | +16.13% |
| Sale-to-List Ratio | 99.41% | 99.78% | -0.37% | 99.11% | 99.47% | -0.36% |
Sources: UtahRealEstate.com and the Washington County Board of Realtors, aggregated by Best Utah Real Estate. Sale-to-list ratio compares closing price to the final list price (post-reduction). Absorption rate = active inventory ÷ monthly sold rate.