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Homes Under $500,000 in Holladay, Utah
Holladay is one of the harder Salt Lake County cities to crack under $500K. The city sits between Cottonwood Heights and Millcreek at the base of Mount Olympus, with tree-lined streets, the redeveloped Holladay Village Center, and feeder schools into the Granite District's Skyline and Olympus High — all of which push median prices into the high $700s and beyond. That said, sub-$500K listings do come up, mostly in the form of townhomes near Highland Drive, condos in the Village area, smaller mid-century ramblers along the western edge near Murray, and the occasional fixer on a standard lot.
Buyers at this price point are usually weighing Holladay against neighboring Murray, Millcreek, and Cottonwood Heights, where inventory under $500K is deeper. The trade-off in Holladay is location: you're 20 minutes from downtown Salt Lake, 25 minutes to the Cottonwood Canyon ski resorts, and walking distance to Harmons, Caputo's, and the SoHo Food Park if you land near Holladay Village. Lot sizes shrink at this price, and most detached homes built before 1970 will need kitchen and bath updates, but the long-term appreciation in this zip code has been steady. Browse the active listings below to see what's currently on the market under $500K, and check back often — homes in this range typically don't sit long.
May 2026 · Holladay market
Live from the Utah MLS — what's actually happening in Holladay right now.
Median sale
$872,250
28 closed in May 2026
Median DOM
6 days
listing → contract
Sale-to-list
97.8%
of final list price
Unsold inventory
132
active + pending
24 matching · page 1 of 1
Active listings
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Common questions
About homes under $500k in Holladay.
What kind of home does $500K actually buy in Holladay? ▾
Realistically, sub-$500K listings in Holladay tend to be condos, townhomes, and smaller mid-century ramblers — often 2-3 bedrooms and under 1,800 square feet. Detached single-family homes at this price usually need updating or sit on smaller lots near the city's edges. Move-in-ready single-family homes under $500K are rare and go fast.
Why is Holladay more expensive than surrounding cities? ▾
Holladay sits between Cottonwood Heights and Millcreek with quick access to Big and Little Cottonwood Canyons, a walkable Holladay Village center, and the Olympus and Skyline High boundaries. Lot sizes are generous, tree cover is mature, and inventory is tight because turnover is low. Those factors keep the median well above the Salt Lake County average.
Are condos and townhomes the best bet under $500K here? ▾
For most buyers, yes. Communities near Murray-Holladay Road and along 2300 East have townhome and condo product that consistently lists in the $350K-$480K range. HOA fees vary widely — anywhere from $200 to $450 a month — so factor that into your true monthly cost.
What school boundaries should I check at this price point? ▾
Holladay falls within Granite School District, and homes feed into either Olympus High or Skyline High depending on location. Elementary boundaries shift block by block, so verify with the district before writing an offer. School boundaries are one of the bigger drivers of price variation within the city.
How competitive is the under-$500K segment in Holladay? ▾
It's the most active price band in the city. Well-priced condos and updated townhomes often see multiple offers within the first weekend, especially in spring. Getting pre-approved and being ready to tour within 24 hours of a new listing makes a real difference.
Are there any new-construction options under $500K in Holladay? ▾
Very few. Holladay is largely built out, and the new construction that does come online — mostly infill townhomes and the occasional small-lot rebuild — typically prices above $600K. If new construction matters to you, expect to look at attached product or consider nearby Millcreek and Murray.