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Salt Lake County, Utah
Cost of living, home prices, schools and neighborhoods
Herriman has been one of Utah's fastest-growing cities for the past decade, transforming from rural ranchland into a sprawling suburban community of over 65,000. Located on Salt Lake County's far southwestern edge against the Oquirrh Mountain foothills, Herriman's housing stock is predominantly new construction from 2010 onwards, modern floor plans, energy-efficient builds, and HOA-managed communities dominate. The city's commercial infrastructure is catching up to residential growth, with new retail centers along Mountain View Corridor and Main Street. Commuters access I-15 and Silicon Slopes via the Mountain View Corridor and Bangerter Highway. For investors, Herriman offers new-build quality with lower per-square-foot costs than comparable construction in South Jordan or Draper. The risk is supply, builders are active, and new inventory could pressure rents if absorption slows.
Call, book a time, or send a note. We serve Herriman and nearby Wasatch Front cities.
$520K
Median Home Price
$1,700/mo
Median Rent
60,000
Population
5.5%
Growth Rate
Avg Days on Market
28 days
Median Household Income
$95K
Owner-Occupied
80%
Herriman has a frontier-suburb energy, everything is new, clean, and still being built. Blackridge Reservoir is the recreation anchor, with paddleboarding, fishing, and a paved trail loop popular on summer evenings. The emerging Town Center has a few restaurants and shops, but most residents drive to Riverton or South Jordan for serious errands. Mountain View Corridor connects to I-15 for Silicon Slopes commutes. New parks, splash pads, and city rec sports programs have expanded with the population. Herriman Hometown Festival in August is a young celebration that's building traditions, carnival, parade, and fireworks with a new-town enthusiasm. The Oquirrh Mountain foothills provide a dramatic western backdrop, and evening sunsets over the mountains are a genuine daily perk.
One of Utah's fastest-growing cities, climbing up the eastern slopes of the Oquirrh Mountains southwest of the valley.
large master-planned community with parks and trails
emerging commercial core with mixed-use
recreation-focused with newer builds
frontier development with mountain proximity
Herriman is served by Jordan School District.
Among Utah's fastest-growing cities for a decade running
Predominantly post-2010 housing stock with modern efficiency
Blackridge Reservoir and trail system as recreation anchors
Mountain View Corridor improving commute connectivity
This is the key question for Herriman investors. Builder activity has been intense, and new single-family homes and townhomes continue to enter the market. During the 2020–2022 period, demand easily absorbed supply, but the pace has moderated. Rental supply competition includes builder-held spec homes and build-to-rent developments. Existing investors should focus on competitive pricing and presentation to hold tenants against newer options. For new investors, careful underwriting that accounts for potential rent softening is prudent. The long-term demand drivers (population growth, Silicon Slopes employment) remain strong, but near-term supply dynamics warrant attention.
Herriman's residential growth outpaced commercial development for years, forcing residents to drive to Riverton or South Jordan for shopping and dining. This has improved significantly with new retail along Mountain View Corridor and the emerging Herriman Town Center, but the city still lacks the commercial depth of more established cities. For investors, this means tenants currently depend on cars for most errands and entertainment. However, the trajectory is positive, each new commercial development improves livability, and the city's General Plan shows extensive commercial zones that will fill in over time.
Herriman's far southwestern position means longer commutes to downtown SLC (35–45 minutes) and limited transit options. This location discount keeps prices below South Jordan and Draper for comparable homes. For investors, this means moderate appreciation but strong rental yields from tenants who want new-build quality at accessible price points. Silicon Slopes commuters (15–20 minutes) are the sweet spot. The Mountain View Corridor has significantly improved connectivity, and future transit expansion could further lift values if it materializes.
Call, book a time, or send a note. We serve Herriman and nearby Wasatch Front cities.
Send a message through the contact page and ask about Herriman or anything else.
Founder
Pranay founded Ondo Real Estate and built the platform behind the owner and tenant portals. He started in software and moved into real estate, and he still works with clients directly.
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