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Homes Under $300,000 in Gunnison, Utah
Gunnison sits in Sanpete County's south end, about 2 hours south of Salt Lake City and roughly 25 minutes from Ephraim and Snow College. It's a small farming and commuting town of around 3,500 people, and prices reflect that. Along the Wasatch Front, $300K barely buys a condo or a starter townhome. In Gunnison, that budget often covers a single-family home on a real lot, sometimes a quarter acre or more, with room for a garage, garden, or a few animals. Many homes here are brick ramblers from the 1960s through 1990s, along with newer builds on the edges of town.
Buyers in this range tend to be local families, first-timers, retirees downsizing from the Wasatch Front, and workers tied to the Central Utah Correctional Facility, Gunnison Valley Hospital, the school district, or nearby agriculture and the Sevier Valley's energy and mining jobs. Winters are cold and dry, with valley floor lows regularly in the teens or single digits, so check insulation, furnace age, and roof condition. Summers are warm with cool nights. Irrigation shares and well or city water details matter on larger lots, so ask early. Rural properties may also have limited internet options, which is worth confirming if you work remotely. Browse the active listings below to see what's currently on the market under $300K.
September 2026 · Gunnison market
Live from the Utah MLS — what's actually happening in Gunnison right now.
Median sale
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3 closed in September 2026
Median DOM
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listing → contract
Sale-to-list
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of final list price
Unsold inventory
10
active + pending
3 matching · page 1 of 1
Active listings
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Common questions
About homes under $300k in Gunnison.
Is $300K realistic for a single-family home in Gunnison? ▾
Yes. Gunnison sits in Sanpete County where prices run well below the Wasatch Front, and a solid share of the market still trades under $300K. You'll see a mix of older homes on larger town lots, manufactured homes on permanent foundations, and the occasional newer build on the outskirts toward Centerfield and Mayfield.
What kind of homes typically show up under $300K here? ▾
Most are 2-4 bedroom homes built between the 1940s and 1990s, often on quarter-acre to half-acre lots with mature trees and detached garages or shops. Manufactured and modular homes on owned land also fall in this range, and a few fixer-uppers with original kitchens and baths sit at the lower end.
Are USDA loans available in Gunnison? ▾
Gunnison is rural enough to qualify for USDA Rural Development financing, which allows 0% down for buyers who meet income limits. That's a meaningful tool at this price point because it removes the down payment hurdle on homes that already cash-flow well against local rents.
What are property taxes like on a sub-$300K home? ▾
Sanpete County property taxes are among the lower rates in Utah. On a primary residence assessed near $250K-$300K, owners typically pay roughly $1,200-$1,700 per year after the residential exemption. Verify the current rate with the county treasurer before writing an offer.
How far is Gunnison from larger job centers? ▾
Gunnison is about 2 hours south of Salt Lake City on US-89, 45 minutes south of Ephraim and Snow College, and roughly 90 minutes from Provo. The Central Utah Correctional Facility, Gunnison Valley Hospital, and local agriculture and trucking are the main in-town employers.
Is inventory under $300K usually tight? ▾
It can be. Gunnison is a small market with only a handful of active listings at any given time, and homes priced under $300K that show well tend to go under contract within a few weeks. Setting up a saved search and being ready to tour quickly helps.