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Homes Under $300,000 in Koosharem, Utah
Koosharem is a small ranching community in Grass Valley, tucked between the Tushar Mountains and Fish Lake National Forest at about 6,900 feet of elevation. The town sits on SR-62 between Otter Creek Reservoir and Fish Lake, which makes it a quiet base for anglers, hunters, and snowmobilers, but it also means buyers should expect real winters — overnight lows below zero are normal in January, and snow can linger on north-facing lots well into spring. Under $300K in Koosharem usually buys an older farmhouse on a sizable lot, a manufactured home on land, or a modest cabin used as a weekend place. Most properties are on private wells and septic systems rather than municipal utilities, and propane is the standard heat source.
Price-wise, this corner of Sevier County is one of the more affordable pockets left in the state. Land carries most of the value, so it's common to see acreage, outbuildings, or water shares included in listings at this level. Buyers coming from the Wasatch Front are often surprised by how much square footage and lot size sit below the $300K mark, but they should also weigh the trade-offs: the nearest grocery store, hospital, and high school are in Richfield, roughly a half-hour drive north. Inventory turns over slowly here, so the list below may be short on any given day. Browse the active listings to see what's currently for sale in and around Koosharem.
April 2026 · Koosharem market
Live from the Utah MLS — what's actually happening in Koosharem right now.
Median sale
$403,750
2 closed in April 2026
Median DOM
139 days
listing → contract
Sale-to-list
97.9%
of final list price
Unsold inventory
1
active + pending
3 matching · page 1 of 1
Active listings
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Common questions
About homes under $300k in Koosharem.
What kind of homes typically list under $300K in Koosharem? ▾
Most sub-$300K listings here are older single-family homes on generous lots, manufactured homes on deeded land, or small cabins used as hunting and fishing basecamps. Square footage usually runs 900–1,600 sq ft, and many properties include outbuildings, garden space, or room for a horse or two. Newer construction at this price is rare given how small the local market is.
How active is the Koosharem market — should I expect many listings? ▾
Koosharem is tiny (population around 300), so inventory is thin. It's common to see only a handful of active listings at any given time, and weeks can pass between new ones hitting the MLS. Setting up an instant alert is the best way to catch something the day it lists.
Is Koosharem a good fit for a primary residence or more of a second-home area? ▾
It works for both. Year-round residents tend to commute to Richfield (about 35 minutes) for work, school, and shopping, while a meaningful share of homes are second properties owned by people who hunt the Monroe and Fishlake units or fish Otter Creek and Fish Lake. Winters are cold and snowy at roughly 6,900 feet, so factor that into your plans.
What should I know about water, septic, and utilities at this price point? ▾
Most homes in and around Koosharem are on private wells and septic systems rather than municipal services. Before closing, get the well tested for flow and potability, have the septic inspected, and confirm water rights are properly deeded. Natural gas is generally not available — expect propane, wood, or electric heat.
Can I get financing on rural Koosharem properties under $300K? ▾
Yes, but it depends on the property. Conventional and USDA Rural Development loans work well for conforming stick-built homes in decent condition. Older manufactured homes, cabins without year-round access, or properties with significant acreage can require a portfolio lender or cash. Talk to a lender familiar with Sevier and Piute County rural loans early in the process.
What's nearby in terms of recreation and daily services? ▾
Otter Creek Reservoir, Fish Lake, and the Monroe Mountain trail system are all within a short drive, and Koosharem sits along Grass Valley with open ranchland in every direction. For groceries, medical care, and a Walmart you'll head to Richfield. Salt Lake City is roughly three hours north via I-15.