Herriman’s housing market is shifting decisively in favor of buyers, with new data showing the highest inventory levels in three years and price growth slowing to a crawl. According to a 12-month analysis from HerrimanShortSale.com, the city’s market is no longer the seller’s paradise it was in 2023.
New 12-month analysis from HerrimanShortSale.com, with commentary from its recommended agent, Utah principal broker Abril Burgoyne
HERRIMAN, UT, UNITED STATES, November 5, 2026 /EINPresswire.com/ — The number of homes sitting on the market in Herriman has climbed to its highest point in three years, while prices have nearly flatlined. That’s the key finding from a fresh 12-month market analysis conducted by HerrimanShortSale.com, a resource for short sales in Herriman and across Utah. The site’s recommended Herriman short sale realtor, Abril Burgoyne of PAK Home Realty, emphasizes that this shift carries the most weight for homeowners carrying thin equity margins.
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Between July and September 2026, Herriman recorded an average of 346 homes for sale, marking an 8% increase compared to the same period a year earlier and nearly doubling the 171 listings seen during the same months in 2023. Supply reached 4.8 months, the highest level in over three years of Redfin data. For context, during the summer of 2023, that figure stood at just 2.6 months.
As inventory has piled up, prices have essentially stalled. From October 2025 through September 2026, 823 Herriman homes sold at a median price of roughly $611,000, reflecting a mere 1.1% increase from the prior 12-month period. Across Salt Lake County, the median price rose 3.1% to approximately $561,000. Buyers in Herriman paid a median of $210 per square foot, which is about 18% less than the county’s $257, meaning they get considerably more space for their money.
“Herriman isn’t falling, but it isn’t the market it was in 2023, when listings were scarce,” said Burgoyne. “Buyers have more choice now and they’re taking their time. Sellers who price for last year’s market are the ones sitting.”
SINGLE-FAMILY HOMES HOLD UP, ATTACHED HOMES SOFTEN
Detached single-family homes, which accounted for 63% of Herriman sales (518 homes), showed relative resilience. Their median price rose 2.5% to about $704,000, and they sold faster than a year earlier, with a median of 58 days on market compared to 65.
The weakness is most apparent in the attached-home segments. The median townhouse price slipped 1.6% to roughly $454,000, townhouse sales fell 7.7% to 229 units, and the typical townhouse took 58 days to sell, up from 50. Condos sold for a median of about $336,000, a 4.9% decline, and took a median of 116 days to go under contract.
HOMES ARE TAKING LONGER TO SELL
Across all property types, Herriman homes took a median of 61 days to sell, up from 56 a year earlier and well behind Salt Lake County’s 44 days. Homes sold for 99.1% of list price, and roughly one in six commanded more than the asking price.
“Most Herriman sellers still have options. The ones I worry about bought in the last few years with a small down payment and now owe close to what the home will sell for,” said Burgoyne, who has been named to NAHREP’s Top 250 Latino Agents list. “Anyone looking for a Herriman short sale realtor should start before a missed payment, not after. A short sale works best when there’s time to plan it.”
WHAT IT MEANS FOR OWNERS WITH LITTLE EQUITY
Flat prices and longer selling times hit hardest for owners of townhouses and condos, the segments where prices actually fell over the past year. A seller who needs to cover a mortgage, closing costs and commission may find the numbers tight, even in a market that remains stable overall.
“A short sale isn’t a failure. It’s a way to sell on your own terms and often limit the damage compared with a foreclosure,” said Burgoyne. “The first step is a confidential look at what you owe against what the home will realistically bring.”
Herriman homeowners can find short sale guides and current market data, and request a confidential review from Burgoyne, at HerrimanShortSale.com.
ABOUT HERRIMANSHORTSALES.COM
HerrimanShortSale.com is a guide to short sales in Herriman and across Utah. It covers how short sales work, hardship letters, FHA and VA short sales and Utah’s foreclosure steps, alongside local market data. The site connects homeowners with Abril Burgoyne, its recommended Herriman short sale agent.
About Abril Burgoyne
Abril Burgoyne is a Utah principal broker with PAK Home Realty and has 12 years of experience in Utah real estate. Burgoyne has helped more than 400 families buy and sell homes, with more than $195 million in career sales volume and 147 five-star reviews. Burgoyne has been named a Utah Top 500 agent and to NAHREP’s Top 250 Latino Agents list each year from 2020 through 2025, and works with clients in English and Spanish.
RECOMMENDED AGENT
Abril Burgoyne, PAK Home Realty · (801) 872-4463
METHODOLOGY
HerrimanShortSale.com analysis of Redfin market data for the City of Herriman and Salt Lake County, Utah. Twelve-month figures combine four consecutive three-month periods (October 2025 – September 2026) and compare them with the same four periods a year earlier. Median prices and other rates are sales-weighted averages of quarterly medians. Inventory and months of supply are for the three months ending September 30, 2026, compared with the same period in earlier years.
Media Inquiries
HerrimanShortSale.com
hello@herrimanshortsale.com
Why it matters: The shift in Herriman’s housing market from scarcity to surplus signals that the post-pandemic frenzy has fully cooled, leaving recent buyers with thin equity particularly vulnerable. For homeowners in townhouses and condos, where prices have actually declined, the window to plan a strategic sale — whether traditional or short sale — is narrowing as inventory continues to build.
