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Homes Under $500,000 in Centerville, Utah
Centerville sits in that narrow, desirable strip between the Wasatch Mountains and Legacy Parkway, and it's not a cheap city — most of its housing stock runs from the 1960s through early 2000s builds, with newer townhome and condo development filling in the gaps near 400 North and along Parrish Lane. Getting under $500K here usually means a townhome, a condo, or an older rambler on Centerville's west side that needs some cosmetic work. You'll still find detached single-family homes below that mark occasionally, especially in the older grid neighborhoods east of I-15 near Porter Lane, but they move fast and often go to buyers who can act without a financing contingency delay.
What makes this price point worth chasing in Centerville is the location itself: a 25-minute commute to downtown Salt Lake, Davis School District boundaries that include well-regarded elementary schools like Whitesides and Centerville, and quick access to Bountiful's shopping corridor without Bountiful's higher price tags. Buyers priced out of nearby Farmington or Fruit Heights often land here instead, trading a little square footage or a smaller yard for the same mountain-and-lake views and a shorter drive to the ski resorts up Parleys and Little Cottonwood. Condos and townhomes under $500K typically run 1,200–1,800 square feet with HOA dues covering exterior maintenance and sometimes a pool or clubhouse. Browse the active listings below to see what's currently on the market.
July 2026 · Centerville market
Live from the Utah MLS — what's actually happening in Centerville right now.
Median sale
$546,750
6 closed in July 2026
Median DOM
—
listing → contract
Sale-to-list
100.5%
of final list price
Unsold inventory
68
active + pending
22 matching · page 1 of 1
Active listings
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Common questions
About homes under $500k in Centerville.
How many homes under $500K are typically available in Centerville? ▾
Inventory in this price band is usually thin — often fewer than 10 active listings at any given time, and sometimes as few as 2 or 3. Townhomes and condos make up a larger share of what's available under $500K than single-family detached homes.
What kind of home can I realistically expect under $500K in Centerville? ▾
Most options are 1970s–1990s split-entries, ramblers, or townhomes between roughly 1,400 and 2,400 finished square feet. Lots tend to be smaller (under a quarter acre), and many homes have original or partially updated kitchens and bathrooms. Newer construction below $500K is rare here.
Are there any single-family detached homes under $500K, or just townhomes? ▾
Both show up, but detached single-family listings under $500K are less common and usually sell within days. Townhomes and twin homes — particularly along Pages Lane and the west side near Legacy Parkway — make up a larger share of this price range.
What schools serve homes in this price range? ▾
Centerville is part of the Davis School District. Depending on the neighborhood, kids attend Centerville, Reading, or J.A. Taylor Elementary, then Centennial Junior High and Viewmont High School. All have solid reputations within Davis County.
How does the commute work from Centerville to Salt Lake City? ▾
It's about 15–20 minutes to downtown SLC via I-15 or Legacy Parkway outside of rush hour, and 25–30 during peak commute times. The Farmington FrontRunner station is roughly five minutes north and runs straight into SLC Central Station and Provo.
Should I expect bidding wars under $500K here? ▾
Often, yes — especially on detached homes in move-in condition. The supply-demand imbalance in this price band means well-priced listings frequently see multiple offers within the first weekend. Getting pre-approved and being ready to tour quickly is worth the prep.