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Draper, Utah

Homes Under $300,000 in Draper, Utah

Homes under $300K in Draper are getting harder to find, and it helps to understand why before you start scrolling listings. Draper sits at the south end of the Salt Lake Valley along the Point of the Mountain, wedged between Sandy and Lehi, with quick access to both the Silicon Slopes tech corridor and the ski resorts up Little Cottonwood and Big Cottonwood Canyons. That location, plus strong schools in the Canyons District, has pushed median single-family prices well past $600K. At this price point you're almost exclusively looking at attached product: condos and townhomes in complexes like Painted Hills, Bella Fontaine, or older stock near 12300 South and Highland Drive, plus the occasional manufactured or age-restricted unit.

Inventory this affordable turns over fast and is thin most months, so a listing that fits can sell within a week or two of hitting the MLS. Expect one or two bedrooms, HOA dues in the $150-$350/month range, and a building age that often runs 20-40 years. Some buyers use these units as a foothold into Draper before trading up, or as rental-friendly investments given proximity to the Draper Tech Center and Adobe/eBay campuses. Browse the active listings below to see what's currently on the market.

September 2026 · Draper market

Live from the Utah MLS — what's actually happening in Draper right now.

Full Draper market report →
Median sale
$905,000
23 closed in September 2026
Median DOM
36 days
listing → contract
Sale-to-list
98.0%
of final list price
Unsold inventory
191
active + pending

4 matching · page 1 of 1

Active listings

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Common questions

About homes under $300k in Draper.

What kind of homes can I actually get in Draper under $300K? ▾

Almost exclusively condos and townhomes, plus a few manufactured homes in the older 12300 South corridor. Expect 1-2 bedrooms, 700-1,200 square feet, and HOA dues in the $150-$300/month range. Detached single-family homes on their own lot in Draper rarely list below $450K anymore.

Which Draper neighborhoods have the most sub-$300K inventory? ▾

The condo complexes along Pioneer Road, 1300 East, and near the Draper Town Center TRAX station produce the most listings in this range. SunCrest, Suncrest Ridge, and anything east of I-15 on the bench are well above this price point.

Are HOA fees a big factor at this price? ▾

Yes — since almost everything under $300K is attached housing, HOA dues are part of every offer. Most Draper condo HOAs cover exterior maintenance, landscaping, trash, and sometimes water. Read the HOA financials and reserve study before closing; a healthy reserve fund matters more than the monthly number.

How fast do homes under $300K sell in Draper? ▾

Quickly. Entry-level condos in Draper typically go under contract within 3-10 days, often with multiple offers when priced right. Having a lender letter ready and the ability to tour within 24 hours of a new listing is usually what wins.

Will FHA and VA loans work in Draper condo complexes? ▾

Some complexes are FHA/VA approved and some aren't — it depends on owner-occupancy ratios, HOA litigation status, and reserve funding. Before writing on a condo, have your lender pull the project approval status. Conventional financing with 3-5% down is the safer bet in unapproved projects.

Is it smarter to buy a small Draper condo or a larger home in Riverton or Bluffdale at this price? ▾

Depends on commute and lifestyle. Under $300K in Riverton or Herriman can sometimes get you a townhome with a small yard, while Draper at the same price buys location and TRAX access. If you work in Silicon Slopes or downtown SLC and want transit, Draper wins; if you need square footage and a garage, look slightly south or west.