Homes Under $500,000 in Monroe, Utah

Finding an affordable home in Utah's scenic Sevier Valley is more attainable than you might think. Monroe offers a variety of homes under $500K that provide excellent value for buyers seeking small-town charm combined with outdoor recreation. This peaceful community sits at the base of the Tushar Mountains, giving residents easy access to hiking, fishing, and ATV trails, while maintaining a low cost of living compared to Utah's urban centers. Whether you're looking for a starter home, a family residence with acreage, or a weekend retreat, Monroe's real estate market offers quality properties that won't stretch your budget.

The Monroe area appeals to those who value a tight-knit community atmosphere, quality schools, and a slower pace of life. Many homes in this price range feature larger lots than you'd find in metropolitan areas, with some properties including land suitable for gardening, animals, or simply enjoying the stunning mountain views. The town's location along State Route 119 provides convenient access to Richfield for shopping and services, while keeping you connected to the natural beauty that makes Central Utah special.

Browse our current listings of homes under $500K in Monroe to discover what's available in this charming mountain community. Our experienced local agents understand the Monroe market and can help you find a property that matches your lifestyle and budget. Contact us today to schedule viewings or learn more about making Monroe your home.