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Homes Under $500,000 in Magna, Utah
Magna sits on the west side of the Salt Lake Valley, tucked against the Oquirrh Mountains and just a 20-minute drive from downtown Salt Lake City or the airport. It's one of the last corners of the valley where sub-$500K listings still show up with regularity — a mix of mid-century ramblers near Magna Main Street, 1990s and 2000s tract homes in subdivisions like Hunter Crossing and Sunset Ridge, and newer townhomes going up closer to 8400 West. Buyers priced out of Sugar House, Holladay, or even South Jordan often land here because the same dollar buys more square footage, a real yard, and a garage instead of a covered stall.
The trade-off is honest: Magna is a working-class township, Kennecott's copper operation is the dominant employer on the hill, and some pockets are still catching up on infrastructure. But the Mountain View Corridor has cut commute times to the south valley dramatically, the new Magna Regional Park added trails and pickleball courts, and Granite School District serves the area with options like Cyprus High. Under $500K in Magna typically means a 3-bed/2-bath home between 1,400 and 2,200 square feet, often with an unfinished basement that lets a buyer build sweat equity. Townhomes and condos can dip into the $300s. Property taxes run lower than the east bench, and you're 25 minutes from skiing at Solitude or hiking the Oquirrhs out your back door. Browse the active listings below to see what's currently on the market in this price range.
May 2026 · Magna market
Live from the Utah MLS — what's actually happening in Magna right now.
Median sale
$452,500
32 closed in May 2026
Median DOM
8 days
listing → contract
Sale-to-list
100.6%
of final list price
Unsold inventory
128
active + pending
82 matching · page 3 of 4
Active listings
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Common questions
About homes under $500k in Magna.
What kind of home can I actually get in Magna for under $500K? ▾
Most listings in this range are 3-bed, 2-bath single-family homes between 1,400 and 2,200 square feet, often built between 1995 and 2015. Older brick ramblers near the historic downtown can come in lower, sometimes in the high $300s to low $400s, while newer townhomes and twin homes near 8000 West tend to sit in the $400s. Lot sizes vary — older parts of Magna have quarter-acre lots, while newer subdivisions are tighter.
Is Magna a good area for first-time buyers? ▾
Yes, it's one of the more accessible entry points left in Salt Lake County. FHA and Utah Housing Corporation loans are common here because prices still align with conforming limits and many sellers will work with first-time buyer programs. The neighborhoods near Pleasant Green Elementary and along 3500 South tend to have the strongest mix of starter homes.
How's the commute from Magna to Salt Lake City or the tech corridor? ▾
Downtown SLC is about 20-25 minutes via I-80, and the airport is closer to 15. The Mountain View Corridor connects Magna south to the Bluffdale/Lehi tech corridor in roughly 30-40 minutes depending on time of day. There's no TRAX line into Magna itself, but UTA bus service runs along the main corridors.
What should I know about air quality and the Kennecott mine? ▾
Kennecott's Bingham Canyon operation is the major west-valley employer and sits in the Oquirrhs above Magna. The valley does experience winter inversion like the rest of the Salt Lake basin, and some buyers ask about tailings and dust — the operation is heavily regulated, and most Magna neighborhoods sit well east of active mining areas. Check the specific address against EPA and state DEQ maps if it's a concern.
Are there HOA fees to expect in this price range? ▾
Single-family homes in older Magna neighborhoods typically have no HOA. Newer subdivisions built after about 2005 and most townhome communities do — fees usually run $50 to $250 per month depending on whether the HOA covers exterior maintenance, landscaping, or amenities like a clubhouse.
How fast do under-$500K Magna homes sell? ▾
Move-in-ready homes priced correctly in this range tend to go under contract within 2-4 weeks, sometimes faster when inventory is tight. Homes needing updates or with deferred maintenance can sit longer. Working with an agent who tracks Magna specifically helps you spot a fairly priced listing before it goes pending.