bds
|
ba
|
sqft
ac lot
|
car garage
|
|
Homes Under $300,000 in Gunnison, Utah
Gunnison sits in Sanpete County along US-89, about 30 minutes south of Manti and roughly an hour and a half from the Salt Lake valley if you're willing to commute for the price difference. It's farm and ranch country first — alfalfa fields, the Gunnison Bend Reservoir nearby, and a slower pace than the Wasatch Front — which is exactly why homes under $300K are still realistic here while they've mostly disappeared in Utah County and Salt Lake. Buyers priced out of Ephraim or Manti often land in Gunnison for the same reason: older housing stock, larger lots, and a local economy anchored by agriculture, the Central Utah Correctional Facility, and Snow College fifteen minutes north in Ephraim.
At this price point you're generally looking at older single-family homes built between the 1900s and 1980s, some needing updates, plus a handful of newer manufactured and modular homes on owned land. Lot sizes tend to run bigger than city subdivisions — a quarter acre to a full acre isn't unusual — which matters if you want a garden, chickens, or room for a shop. Winters bring real snow and cold (Sanpete Valley sits around 5,100 feet), so check heating systems and roof condition on anything built before 1990. Browse the active listings below to see what's currently on the market under $300K.
May 2026 · Gunnison market
Live from the Utah MLS — what's actually happening in Gunnison right now.
Median sale
$425,000
3 closed in May 2026
Median DOM
90 days
listing → contract
Sale-to-list
96.2%
of final list price
Unsold inventory
12
active + pending
5 matching · page 1 of 1
Active listings
Prefer the map?
See all 5 homes under $300k on a map
Pan around Gunnison and refine by drawing your own boundary.
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.