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Homes Under $300,000 in Eureka, Utah
Eureka sits in Juab County's Tintic Mining District, about 90 minutes south of Salt Lake City and roughly 35 minutes from Utah Valley by way of Santaquin and Payson Canyon. It's a former silver-mining town of around 700 people at about 6,400 feet, and its prices look nothing like the Wasatch Front's. Under $300K is a realistic budget here, covering older miners' cottages, small bungalows, and the occasional fixer on a double lot, along with some manufactured homes and land-and-cabin combinations. Valley counties along I-15 now sit well above that number for most detached homes.
The tradeoffs are real, so it helps to know them going in. Many homes date to the early 1900s, which means checking foundations, wiring, roofing, and sometimes old mining-era soil or lot-line questions. Winters are colder and snowier than Utah County, and the nearest full grocery stores and services are in Santaquin, Nephi, or Payson. In return you get quiet streets, wide-open ATV and hiking country, big lots, and Tintic School District's small-town setting. Remote workers and first-time buyers are the most common shoppers here. Browse the active listings below to see what's currently on the market under $300K.
September 2026 · Eureka market
Live from the Utah MLS — what's actually happening in Eureka right now.
Median sale
—
2 closed in September 2026
Median DOM
9 days
listing → contract
Sale-to-list
—
of final list price
Unsold inventory
7
active + pending
16 matching · page 1 of 1
Active listings
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Common questions
About homes under $300k in Eureka.
What kind of home can I actually get under $300K in Eureka? ▾
Most sub-$300K listings are 2-3 bedroom homes built between 1900 and 1960, ranging from about 900 to 1,600 square feet on standard city lots. Expect older mechanicals, original single-pane or retrofitted windows, and often a detached garage or outbuilding. Move-in-ready remodels do appear in this price band — they just go quickly.
Are there financing hurdles on older Eureka homes? ▾
Yes, occasionally. Homes with knob-and-tube wiring, failing roofs, or non-functioning heat sources can fail FHA or VA appraisal standards. Conventional and local-bank portfolio loans tend to be more flexible, and cash offers are common on the cheapest fixers. A pre-inspection before writing an offer saves headaches here.
How's the commute from Eureka to Utah County or Tooele? ▾
Eureka to Payson is about 35 minutes via Highway 6, and Lehi runs roughly an hour door-to-door in normal traffic. Tooele is about 50 minutes north through Vernon. Winter storms over the passes can add time, so 4WD or AWD is worth having.
Is water or utilities a concern at this price point? ▾
Eureka City runs municipal water and sewer in town, so most listings under $300K are on city utilities rather than well and septic. Natural gas service is limited in parts of the older town grid — many homes heat with propane, electric, or wood, which affects monthly costs.
How many homes typically sell under $300K in Eureka each year? ▾
It's a small market — Eureka usually sees somewhere between 15 and 30 total residential sales in a calendar year, and a solid majority of those close under $300K. Inventory at any given moment is often just a handful of active listings, so setting up MLS alerts is the practical way to track it.
Is Eureka a reasonable place to buy a first home or investment property? ▾
For buyers who want low entry cost and don't need to be in a metro area, it works. Long-term rentals are limited by the small population, but short-term rental demand picks up around Little Sahara ATV season and hunting season. Appreciation has been steady rather than explosive compared to Wasatch Front cities.