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Homes Under $500,000 in Highland, Utah
Highland sits at the base of Timpanogos in northern Utah County, and it's never been a bargain corner of the valley — the city's larger lots and strict building standards have kept prices well above neighboring American Fork and Lehi. Under $500K here typically means a townhome or a smaller attached condo in developments near Highland Park or along the Alpine Highway corridor, rather than the acre-lot rambler most people picture when they think of Highland. A few older single-family homes from the 1990s occasionally come in under that number when they need updating, but they move fast when they do.
Buyers at this price point are usually first-timers priced out of the detached market, or downsizers who want the Alpine School District and Highland's low crime numbers without the maintenance of a half-acre yard. Commuters heading to the Silicon Slopes offices in Lehi or down to Provo find Highland's location convenient — it's roughly 35 minutes to Salt Lake City International with no direct freeway access, so factor in the drive on Highway 92 or through American Fork. Inventory under $500K is thin and turns over quickly, so it helps to know exactly which subdivisions still have entry points at this price. Browse the active listings below to see what's currently on the market.
July 2026 · Highland market
Live from the Utah MLS — what's actually happening in Highland right now.
Median sale
$1,599,900
17 closed in July 2026
Median DOM
35 days
listing → contract
Sale-to-list
97.4%
of final list price
Unsold inventory
76
active + pending
1 matching · page 1 of 1
Active listings
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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.