bds
|
ba
|
sqft
ac lot
|
car garage
|
|
Homes Under $500,000 in Neola, Utah
Neola sits out on the Uinta Basin's western edge, a farming and ranching community in Duchesne County where the pace is set by hay cuttings and the school calendar at Union Elementary rather than a commute clock. Under $500K here still buys real acreage — a three- or four-bedroom home on a half-acre to five-plus acres is common, sometimes with a shop, corrals, or irrigation shares attached. Compare that to what half a million gets a buyer along the Wasatch Front, and it's easy to see why families, first-time buyers priced out of Salt Lake and Utah counties, and retirees looking for elbow room keep an eye on this stretch of Highway 121 between Roosevelt and Vernal.
Winters run cold and dry, summers are warm with low humidity, and most properties depend on well or shared irrigation water rather than city systems, which affects both price and what a buyer needs to check before closing. Homes in this range span older farmhouses needing updates to newer manufactured and stick-built homes on acreage, so the condition swing is wide even within the same price band. Because inventory in Neola is thin compared to Roosevelt or Vernal, well-priced homes under $500K tend to move once they're listed, especially anything with usable water rights or a shop. Browse the active listings below to see what's currently on the market.
June 2026 · Neola market
Live from the Utah MLS — what's actually happening in Neola right now.
Median sale
$260,000
1 closed in June 2026
Median DOM
—
listing → contract
Sale-to-list
100.0%
of final list price
Unsold inventory
—
active + pending
6 matching · page 1 of 1
Active listings
Prefer the map?
See all 6 homes under $500k on a map
Pan around Neola and refine by drawing your own boundary.
Common questions
About homes under $500k in Neola.
What does $500K typically buy in Neola? ▾
In most cases, a 3-4 bedroom home on at least a half-acre, and often 1-5 acres with outbuildings, a shop, or pasture. Newer manufactured homes on land and older site-built farmhouses both show up in this range. Acreage parcels with water rights occasionally land under $500K as well.
Are most homes in Neola on well and septic? ▾
Yes. Neola is rural and outside any municipal water system, so nearly every property runs on a private well and septic system. Ask for recent well flow tests, water quality reports, and septic inspection records before writing an offer.
How is financing handled for properties on tribal or reservation-adjacent land? ▾
Portions of the Neola area fall within the Uintah and Ouray Reservation boundary, and some parcels are tribal trust land that cannot be sold to non-tribal buyers. Fee-simple land sells normally, but lenders sometimes ask extra questions about the title. A local title company familiar with Duchesne County can clarify any given parcel quickly.
How many homes are usually for sale under $500K in Neola at one time? ▾
Inventory is thin — often only a handful of active listings in the whole Neola/Altamont/Mountain Home area at any moment. New listings can sit briefly or sell fast depending on acreage and condition, so setting up an automated MLS alert is worth it.
What are property taxes like in Duchesne County? ▾
Duchesne County has some of the lower effective property tax rates in Utah, and ag-exempt parcels (greenbelt) drop the bill further on qualifying acreage. Expect annual taxes on a typical Neola home under $500K to run roughly $1,200-$2,500, depending on land use status and improvements.
How far is Neola from services and the nearest larger town? ▾
Roosevelt is about 15-20 minutes south and handles groceries, the hospital (Uintah Basin Healthcare), and big-box shopping. Vernal is roughly 45 minutes east, and Salt Lake City is about a 2.5- to 3-hour drive over Daniels Summit on US-40.