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Homes Under $300,000 in Gunnison, Utah
Gunnison sits in the middle of the Sanpete Valley, about 20 minutes south of Manti and roughly 40 minutes from Ephraim's Snow College, and it remains one of the few spots along the I-15/US-89 corridor where $300,000 still buys a real house on a real lot. Much of the town's housing stock is older ranch and farmhouse construction from the 1950s through the 1980s, mixed with a growing number of newer manufactured and modular homes on quarter-acre-plus lots. Buyers priced out of Utah County or even Nephi are increasingly looking here, drawn by the slower pace, irrigation water rights that still come attached to some in-town parcels, and a commute that's realistic for anyone working in Ephraim, Manti, or even Fillmore.
At this price point you're generally looking at three-bedroom homes in the 1,000-1,800 square foot range, some needing cosmetic updates, others already remodeled with newer roofs and mechanicals. Gunnison Valley's dry, high-desert climate (elevation around 5,150 feet) means cold winters and hot summers, so pay attention to furnace age and window quality when comparing listings. The Gunnison-Sanpete School District serves the area, and the town's proximity to the Central Utah Correctional Facility and area farming operations keeps a steady base of local employment. Browse the active listings below to see what's currently on the market under $300,000.
July 2026 · Gunnison market
Live from the Utah MLS — what's actually happening in Gunnison right now.
Median sale
$454,000
3 closed in July 2026
Median DOM
26 days
listing → contract
Sale-to-list
99.4%
of final list price
Unsold inventory
11
active + pending
6 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.