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Homes Under $500,000 in Fremont, Utah
Fremont sits in Wayne County along Highway 24, a ranching and farming community of a few hundred people wedged between the Fremont River and the high desert benches that lead toward Capitol Reef National Park, about fifteen minutes east. This isn't a bedroom community for anywhere — it's a destination in itself for buyers who want acreage, quiet, and proximity to red-rock recreation without Moab or St. George prices. Under $500K here typically buys real land: three to ten acre parcels with a manufactured or stick-built home, sometimes with water shares for irrigation, sometimes with outbuildings already in place for animals or equipment. Compare that to Torrey or the Capitol Reef gateway area a few miles west, where scenery premiums push similar acreage well past that mark.
Winters bring real snow and sub-freezing nights, and summer days can hit the mid-90s with low humidity, so homes here tend to have wood or pellet stoves alongside standard heating, and well water is common outside the small municipal service area. Buyers looking at this price range in Fremont are usually after a second home, a retirement property, or a working small farm — not a quick flip, since inventory is thin and turnover is slow. Loan Mountain and the Fremont River corridor offer some of the more visible parcels, while side roads off Highway 24 hide smaller in-town lots close to the elementary school. Browse the active listings below to see what's currently on the market.
July 2026 · Fremont market
Live from the Utah MLS — what's actually happening in Fremont right now.
Median sale
$385,000
1 closed in July 2026
Median DOM
—
listing → contract
Sale-to-list
96.5%
of final list price
Unsold inventory
3
active + pending
2 matching · page 1 of 1
Active listings
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Common questions
About homes under $500k in Fremont.
What does $500K actually buy in Fremont? ▾
At this price point you can typically get a 3-bedroom home on anywhere from a half-acre to several acres, often with outbuildings, irrigation shares, or pasture. Older farmhouses and well-kept manufactured homes on land tend to sit in the $250K–$400K range, while newer builds or remodeled homes with acreage push toward the $500K ceiling.
Are most Fremont homes on well and septic? ▾
Yes. Fremont doesn't have municipal water or sewer service for most properties, so private wells and septic systems are the norm. Ask for well logs, recent water tests, and septic inspection records during due diligence, and confirm whether the property carries irrigation water shares separately from the culinary well.
Can I get a conventional mortgage on a Fremont property? ▾
Conventional and USDA Rural Development loans both work in Fremont, and USDA is popular here because the entire area qualifies as rural. Manufactured homes need to be on a permanent foundation and titled as real property to finance conventionally. Cabins, off-grid setups, and homes with significant acreage sometimes require a portfolio or land-home lender.
Is Fremont a good fit for a recreation property? ▾
It's one of the better basecamps in southern Utah for outdoor use. Fish Lake is about 25 minutes away, the Paiute and Great Western ATV trail systems run nearby, and Capitol Reef is under an hour. Many sub-$500K buyers here are picking up second homes specifically for hunting units, snowmobiling on Boulder Mountain, or summer fishing.
What are winters like at this elevation? ▾
Fremont sits around 7,000 feet, so winters are cold and snowy — overnight lows regularly drop below zero in January, and snow accumulation on the ground from December through March is normal. Plan for plowing, freeze-proof plumbing, and a reliable heat source. Most homes use propane furnaces backed up by wood stoves.
How many homes are usually for sale in Fremont under $500K? ▾
Inventory is thin — Fremont is a small town, so it's common to see only a handful of active listings at any given time, and sometimes fewer. The listings shown below update directly from the Wasatch Front Regional MLS and Washington County MLS feeds, so what you see is the current real-time picture.