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Homes Under $500,000 in Mapleton, Utah
Mapleton sits at the south end of Utah Valley between Springville and Spanish Fork, pressed up against the Wasatch foothills. It's a town that grew up around orchards and horse pastures, and even with all the recent building along Maple Street and 1600 North, large lots and irrigation shares are still part of the deal here. The catch for budget-conscious buyers: Mapleton's median sale price has run well above $700K for several years, so anything under $500K is genuinely scarce. When sub-$500K listings do hit the market, they tend to be older ramblers on the west side closer to Springville, townhomes in the newer pockets near Mapleton Junior High, or the occasional fixer on a bigger lot that needs work.
If you're set on Mapleton specifically — for the Nebo School District schools, the quick shot to I-15, or the 20-minute drive to Provo and BYU — patience matters at this price point. Inventory under $500K can sit at zero some weeks and pop up with two or three options the next. It helps to have financing lined up and be ready to tour quickly, since well-priced homes in this range usually go under contract inside a week. Setting up an instant MLS alert is the realistic way to catch them. Browse the active listings below to see what's currently available under $500K in Mapleton.
May 2026 · Mapleton market
Live from the Utah MLS — what's actually happening in Mapleton right now.
Median sale
$634,950
48 closed in May 2026
Median DOM
28 days
listing → contract
Sale-to-list
99.2%
of final list price
Unsold inventory
289
active + pending
150 matching · page 1 of 7
Active listings
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Common questions
About homes under $500k in Mapleton.
Is it realistic to find a single-family home under $500K in Mapleton? ▾
It's tight but possible. Mapleton's median sits well above $500K because of larger lot sizes and newer construction, so most homes in this range are older builds, townhomes, or smaller ramblers on standard lots. Inventory at this price point usually turns over quickly, so it pays to have financing lined up before you tour.
What kind of homes typically come in under $500K here? ▾
Expect 1980s-2000s ramblers and split-levels near Maple Street and the older grid west of Main, occasional townhomes, and the rare fixer on a larger parcel. Newer builds in this range are uncommon since most new construction in Mapleton targets the $700K+ buyer.
Will I get a horse property or acreage under $500K? ▾
Almost never in current market conditions. Mapleton's horse-friendly half-acre and acre-plus lots have pushed well past this price range over the last few years. If acreage matters more than square footage, looking at Spanish Fork or Salem can stretch the budget further.
What schools serve homes in this price range? ▾
Mapleton homes feed into Nebo School District — typically Mapleton Elementary, Mapleton Junior High, and Maple Mountain High. School boundaries are consistent across the city, so a lower-priced home gets the same district assignments as the higher-end neighborhoods up against the foothills.
How does Mapleton under $500K compare to neighboring Springville or Spanish Fork? ▾
Springville and Spanish Fork offer significantly more inventory under $500K, including newer townhomes and starter single-family homes. Mapleton carries a price premium for its larger lots, quieter feel, and proximity to the foothills, so buyers committed to Mapleton specifically should expect fewer options and more competition at this price.
Are HOAs common on Mapleton homes in this range? ▾
Most older single-family homes in Mapleton have no HOA, which is part of the appeal. The exceptions are townhome and PUD developments, which usually carry monthly dues for shared landscaping or exterior maintenance. Always check the listing remarks for HOA details before writing an offer.