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Homes Under $500,000 in Highland, Utah
Highland sits in northern Utah County, tucked against the foothills below Traverse Mountain and the Alpine School District boundary, and it has long been one of the pricier cities in the county. Most single-family homes here trade well above $800,000, with a good share of the housing stock running past $1 million on quarter-acre and larger lots. That makes a search for homes under $500K a narrow one. Expect the inventory to be thin, and expect it to look different from the typical Highland listing.
What usually shows up in this range are townhomes, condos, and the occasional older or smaller property, often in the low-to-mid $400s. Buyers who stretch their search to neighboring American Fork, Lehi, Pleasant Grove, and Alpine will see far more single-family choices at this price, and those cities share the same school district and the same quick drive to I-15 and the Silicon Slopes job corridor. Highland itself offers Alpine School District schools, trails around Lone Peak, and a roughly 35-minute drive to Salt Lake City International on a clear day. Because anything priced below $500K in Highland tends to attract fast attention, it helps to have your financing lined up before you tour. Browse the active listings below to see what's currently on the market.
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Utah MLS data · updated Nov 8, 2026
Highland homes under $500K by the numbers
Today's listings plus closed sales recorded in the MLS, each home counted once. Medians, not averages, so one outlier can't skew them.
- For sale now
- 1
- listed at $440,000
- Median sale, last 12 mo
- $417,000
- 7 sold
- Price per sq ft
- $226
- median of closed sales · typical 1,912 sq ft
- HOA dues
- $350/mo
- median · 100% of listings have dues
Over the last 12 months, 7 homes under $500K sold in Highland, taking a median of 61 days to go under contract and closing at 100% of the final list price.
Homes under $500K by neighborhood
Closed sales over the last 24 months, plus what's listed today. Click a name for that neighborhood's page.
-
- Sold (24 mo)
- 16
- Median sale
- $443,000
- Typical size
- 1,946 sq ft
- Built
- 2014
- HOA / mo
- $350
- For sale now
- 1 · $440,000
Median sale is shown only where at least 5 homes sold. HOA dues are the median monthly fee (yearly dues divided by 12) and can change, so confirm the amount and what it covers with the association. "Built" is the median year built.
Homes Under $500K nearby
Common questions
About homes under $500k in Highland.
Are there many homes under $500K in Highland? ▾
Inventory under $500K in Highland is tight. The city's median sits well above that mark, so most options at this price point are townhomes, condos, or smaller single-family homes on modest lots. New listings in this range tend to move within a couple of weeks.
What kind of home can I actually get for under $500K here? ▾
Expect townhomes in communities like The Cove or Highland Cove, older single-level homes built in the 1990s on quarter-acre lots, or the occasional fixer needing updates. Larger 4-bedroom homes with basements in this range are rare and usually need cosmetic work.
Which school district serves Highland? ▾
Highland is part of the Alpine School District. Kids typically attend Highland Elementary, Mountain Ridge Junior High, and Lone Peak High School, all of which carry strong reputations and factor heavily into local home values.
How close is Highland to Silicon Slopes job centers? ▾
Highland sits about 10-15 minutes from Lehi's Silicon Slopes corridor along I-15 and Pioneer Crossing, and roughly 35 minutes to downtown Salt Lake City. The commute access is a big reason prices in this small city stay elevated compared to neighboring areas.
Should I consider nearby cities if nothing under $500K fits? ▾
Yes — Lehi, Saratoga Springs, Eagle Mountain, and parts of American Fork and Pleasant Grove offer more sub-$500K inventory while keeping you close to the same schools, employers, and Wasatch foothill access. Townhomes in those areas often give more square footage for the money.
Are HOA fees common in this price range? ▾
Most homes under $500K in Highland are in townhome or PUD communities with HOA dues, typically running $150-$300 per month. Detached homes without an HOA do exist at this price point but tend to be older and sell quickly.