South Jordan, UT

Population: 52,071
Average annual home appreciation rate: 4.07%
Total of homes for sale in this market: 360
Median home price: $350,331
Median Rent: $1,544 per room
Home price range: 35.64% of homes are between $313,001 – $417,000
Median sales price: NO DATA
Number of homes: 160
Median foreclosure sales price: $260,750
Foreclosure discount: NO DATA
Most common home type: 81.06% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 4.67%
Number of renters: 13.62%
Number of owner occupied: 86.38%
Number people living below poverty level: 4.06%
Unemployment rate: 3.60%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the South Jordan area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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