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Homes Under $300,000 in Elwood, Utah
Elwood sits in Box Elder County a few minutes north of Tremonton, the kind of rural crossroads town where farmland still outnumbers subdivisions and a $300K budget goes noticeably further than it does along the Wasatch Front. Most of what shows up under that price point here is either an older single-level home on a good-sized lot, a manufactured or modular home on owned land, or a smaller newer build in one of the modest developments that have crept in around Elwood and neighboring Fielding. Lot sizes tend to run a quarter-acre and up, and it's common to find a shop or extra parking for equipment and trailers, which matters to buyers coming from ag or trades backgrounds.
The tradeoff for that lower price is distance: it's roughly 20 minutes to Tremonton for groceries and schools, about an hour to Ogden, and closer to 90 minutes to Salt Lake City and the airport, so this works best for buyers who don't need a daily commute south. Box Elder School District serves the area, and winters bring real snow and cold — plan on a furnace in good shape and decent insulation rather than a swamp cooler setup. Property taxes and insurance run low compared to Salt Lake or Utah County, which helps a $300K budget stretch on a monthly payment basis too. Browse the active listings below to see what's currently on the market in this price range.
June 2026 · Elwood market
Live from the Utah MLS — what's actually happening in Elwood right now.
Median sale
$586,000
1 closed in June 2026
Median DOM
—
listing → contract
Sale-to-list
99.5%
of final list price
Unsold inventory
3
active + pending
9 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.