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Homes Under $300,000 in Elwood, Utah
Elwood sits in northern Box Elder County, a farm-and-ranch town off Highway 30 between Tremonton and the Idaho border, roughly 20 minutes from Brigham City and about 75 minutes north of Salt Lake City. It's one of the few pockets left in the Wasatch Front region where $300K still buys real acreage or a newer build rather than a dated starter home. Lots here tend to run a third-acre to a full acre, and irrigation shares and outbuildings are common, which appeals to buyers who want space for animals, a shop, or a garden without paying Cache Valley or Davis County prices.
Inventory under $300K in Elwood typically means older single-level ranch homes from the 1960s-1980s, some manufactured/modular homes on permanent foundations, and the occasional fixer that needs cosmetic work. Buyers commuting to Tremonton, the Autoliv or ATK/Northrop Grumman plants in Promontory, or even up into Idaho for work make up a good share of demand, since Elwood offers lower property taxes and quieter surroundings than the bigger Box Elder towns. Winters bring real snow and lake-effect moisture off the Great Salt Lake, so check heating systems and roof condition on anything built before 1990. Browse the active listings below to see what's currently on the market.
July 2026 · Elwood market
Live from the Utah MLS — what's actually happening in Elwood right now.
Median sale
$575,000
1 closed in July 2026
Median DOM
46 days
listing → contract
Sale-to-list
98.3%
of final list price
Unsold inventory
6
active + pending
11 matching · page 1 of 1
Active listings
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Common questions
About homes under $300k in Elwood.
How many homes under $300K are typically available in Elwood at any given time? ▾
Elwood is small, so inventory at this price point is usually thin — often just a handful of active listings, and sometimes zero. Setting up an MLS alert is the most practical way to catch new listings, since well-priced homes here often go under contract within a week.
What kind of home can I realistically expect for under $300K in Elwood? ▾
Most often a 1,000–1,600 sq ft rambler from the 1970s–80s, a manufactured home on owned land, or an older two- or three-bedroom home on a larger lot. Move-in-ready new construction is rare under $300K here; expect to budget for updates like flooring, paint, or HVAC.
Are manufactured homes in Elwood eligible for conventional financing? ▾
Yes, if the home is on a permanent foundation, the land is deeded with the home (not leased), and it meets HUD code (post-June 1976). FHA and VA both finance manufactured homes that meet those criteria, and conventional lenders will too, though rates and down payment requirements vary by lender.
Do homes in this price range usually come with acreage? ▾
Often yes — quarter-acre to one-acre lots are common, and some listings under $300K include up to two or three acres, especially older properties on the edges of town. Larger parcels with irrigation shares or outbuildings tend to push above $300K quickly.
What are property taxes like in Elwood? ▾
Box Elder County property tax rates run roughly 0.6%–0.7% of assessed value for primary residences (which get a 45% exemption under Utah's residential rules). On a $280,000 home, expect annual taxes in the $1,100–$1,400 range, give or take based on the specific tax district.
Is Elwood a good fit for buyers commuting to Ogden or Salt Lake? ▾
It works better for Ogden commuters (about 35–40 minutes via I-15) than Salt Lake (75+ minutes each way). Most buyers here either work locally in Tremonton/Brigham City, at the ATK/Northrop Grumman facilities west of town, or are remote workers trading commute time for affordability and land.