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Homes Under $500,000 in Farmington, Utah
Farmington sits right where Davis County starts climbing into the foothills of the Wasatch Range, and it's long been one of the more expensive addresses along the I-15 corridor thanks to Station Park, the Farmington Junior High and Farmington High School boundaries, and quick access to both Salt Lake City and Ogden. Under $500K here doesn't mean settling for a bad location — it usually means a townhome or condo in one of the newer developments off Shepard Lane or Park Lane, an older ranch-style home in the flatter part of town near Main Street, or a smaller single-family house that hasn't been touched since the 1990s and needs some cosmetic work. Given that median prices for detached homes in Farmington often run well above this number, this price band is where first-time buyers and downsizers actually compete for inventory.
Because Farmington's lot sizes and school reputation keep demand steady, homes in this range move fast, especially anything with a yard or a garage. Expect more turnover among condos and patio homes than among single-family properties, and expect to see listings pull inventory from the edges of town near the freeway or closer to Kaysville's border. If square footage or lot size is a priority, some buyers stretch into similarly priced homes in West Point or Clinton and commute in. Browse the active listings below to see what's currently on the market in this price range.
August 2026 · Farmington market
Live from the Utah MLS — what's actually happening in Farmington right now.
Median sale
$746,600
15 closed in August 2026
Median DOM
31 days
listing → contract
Sale-to-list
98.7%
of final list price
Unsold inventory
93
active + pending
11 matching · page 1 of 1
Active listings
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Common questions
About homes under $500k in Farmington.
What kind of home can I actually get under $500K in Farmington? ▾
Most sub-$500K inventory in Farmington is townhomes and smaller single-family homes built in the last 15 years, often in the Station Park area, Oakridge, or older pockets near Main Street. Expect roughly 1,400 to 2,200 finished square feet, 3 bedrooms, and either an attached two-car garage or a tandem garage in townhome rows. True detached homes with larger lots under $500K are rare and usually need updating.
Is $500K below the median for Farmington? ▾
Yes. Farmington's median sale price has typically run in the $650K to $750K range over the past couple of years, so $500K puts you in the lower third of the market. That's why most matches at this price point are attached product or smaller older homes rather than the newer foothill builds east of Highway 89.
Which Farmington neighborhoods show up most often under $500K? ▾
The Farmington Station / Station Park townhome communities near the FrontRunner stop are the most consistent source of sub-$500K listings. You'll also see occasional matches in older neighborhoods west of Main Street and in Shepard Creek townhome rows. The newer Farmington Ranches and foothill subdivisions east of I-15 almost always price above this cap.
Are HOA fees a factor at this price point? ▾
Usually yes. Because most sub-$500K homes here are townhomes or condos, monthly HOA dues of $150 to $300 are common and cover exterior maintenance, landscaping, and sometimes water. Budget for that on top of your mortgage when comparing to a detached home in a neighboring city like Kaysville or Clearfield.
How is the Davis School District for buyers at this price? ▾
Farmington feeds into Davis School District, which consistently ranks among the stronger districts on the Wasatch Front. Farmington High, Farmington Junior High, and several well-rated elementary schools serve the city, and boundaries don't change based on price tier, so a townhome buyer gets the same school access as a buyer further up the price ladder.
How fast do sub-$500K Farmington listings move? ▾
They tend to move faster than the city's overall average because demand for entry-priced Farmington inventory is steady — commuters want the FrontRunner access to Salt Lake and the Station Park retail. Well-priced townhomes often go under contract in two to three weeks. Setting up MLS alerts is worth it if you want first look at new listings.