Homes Under $300,000 in Magna, Utah
Magna sits on the western edge of the Salt Lake Valley, tucked between the Oquirrh Mountains and Kennecott's Bingham Canyon Mine, and it remains one of the last places along the Wasatch Front where $300K still buys a house rather than a condo or a fixer-upper on a postage-stamp lot. Older sections near Main Street and 8400 West have modest brick rambler and bungalow-style homes from the 1940s-60s, many with detached garages and larger lots than you'd find in Salt Lake City or West Valley. Because Magna was historically a mining and smelter town, prices have stayed lower than surrounding cities even as the rest of the valley climbed, which is exactly why value-focused buyers keep an eye on this stretch of Highway 201.
Commuters land here for the drive: 20-25 minutes to downtown Salt Lake, close to the Kennecott, Tooele, and airport corridors, without valley-floor prices. Under $300K in today's market typically means a smaller 3-bedroom home needing some cosmetic work, an older 2-bedroom, or occasionally a townhome-style unit — inventory that moves fast when it's priced right and in decent condition. School-age families lean toward the Granite School District boundaries here, and buyers should budget for the fact that many homes in this range were built before 1970, so a home inspection matters more than usual. Browse the active listings below to see what's currently on the market under $300K.
August 2026 · Magna market
Live from the Utah MLS — what's actually happening in Magna right now.
10 matching · page 1 of 1
Active listings
Prefer the map?
See all 10 homes under $300k on a map
Pan around Magna and refine by drawing your own boundary.
Common questions
About homes under $300k in Magna.
What kind of homes can I actually get in Magna under $300K? ▾
At this price point in Magna, expect older single-family homes built between the 1940s and 1970s, condos and townhomes in newer developments off 3500 South, and the occasional manufactured home on its own lot. Square footage usually runs 800-1,400, often with detached garages and large mature trees. Move-in-ready listings move fast; most options need cosmetic updates.
Is Magna a reasonable commute to downtown Salt Lake City? ▾
Yes. Magna sits about 17 miles west of downtown SLC, and the drive runs 20-30 minutes on I-80 or SR-201 outside of rush hour. The UTA 248 bus connects Magna to the TRAX Green Line, which adds a transit option for downtown workers without a second car.
What's driving the sub-$300K inventory in Magna? ▾
Magna has historically been one of Salt Lake County's most affordable communities thanks to its blue-collar roots tied to the Kennecott copper mine and Rio Tinto operations. Smaller lot sizes, older housing stock, and its west-valley location keep prices lower than Murray, Sandy, or West Jordan. That said, prices have climbed sharply over the last five years, so true sub-$300K listings are now mostly condos, townhomes, and fixers.
Will FHA or VA financing work on these homes? ▾
Often, but not always. Many older Magna homes have knob-and-tube wiring, original furnaces, or roof issues that can flag during an FHA or VA appraisal. Have your agent ask about recent updates before you write — conventional with a renovation loan (like a 203k) is sometimes the cleaner path on a true fixer.
How are the schools in Magna? ▾
Magna falls under Granite School District. Local options include Matheson Junior High, Cyprus High School, and several elementary schools like Pleasant Green and Lake Ridge. Cyprus High was rebuilt in 2019, which was a meaningful upgrade for families weighing the area.
Are there HOA fees to watch for at this price? ▾
On detached homes in older Magna neighborhoods, usually no HOA. On the townhome and condo side — particularly newer builds near 8400 West — monthly HOA dues typically run $150-$275 and cover exterior maintenance, landscaping, and sometimes water. Always check the HOA's reserve study before going under contract.